Economics Quote by Michael Hudson Download Open image “Nothing could be better for the economy than to get rid of fracking.” — Michael Hudson ★ ★ ★ ★ ★ 4.7 out of 5 (6 ratings) Copy quoteShare Economics Economy Fracking
I think the less fracking there is, the better it is for the economy and society. — Michael Hudson Copy Share Image
What we've got is the wholesale embrace of fracking domestically, internationally and for export. And this couldn't be further from what we really need… — Josh Fox Copy Share Image
It's not possible to solve the climate crisis while we continue to expand fracking. — Jill Stein Copy Share Image
The oil patch pays good. They're decent jobs paying between 50 and 70 thousand a year. Fracking has a big impact on the oil… — Harold Hamm Copy Share Image
You have a choice. Either you can have more oil, or more clean water. Fracking is not good for the water supply. — Michael Hudson Copy Share Image
Fracking opens up vast tracts of the U.S. to exploitation by gas drillers. There's enough energy under our feet to last us for decades,… — Kenneth Fisher Copy Share Image
Oil is dead, on its way to extinction. As a group of citizens we must speak up and act towards ending fracking. Let your… — Ian Somerhalder Copy Share Image
How do we take the bad out of fracking? How do you contain the water? How do we make a profit out of that?… — Mario Gabelli Copy Share Image
Fracking is an amazing instance of discovery of many things that come together to make it much cheaper to extract oil and gas. In… — Paul Romer Copy Share Image
I think fracking for gas will reduce the incentive to turn to renewables, and I think it will do a lot of other damage… — Bill McKibben Copy Share Image
Letting the greens dictate your energy choices, whether it's halting the XL Pipeline or fracking in New York, isn't just bad economics. It can… — Arthur L. Herman Copy Share Image
Fracking is an incredible risk to the human race, I don't know why they even thought of doing it. — Yoko Ono Copy Share Image
Europe is creating the flight of refugees that's tearing it apart politically, and leading rightwing nationalist parties to gain power to withdraw from the… — Michael Hudson Copy Share Image
This is not really currency that circulates. It's like the old joke about expensive vintage wine. Wine prices will go up and once in a while somebody will buy a 50-year-old bottle of wine and say, "Wait a minute. This has gone bad." The answer is, "Well, that wine isn't for drinking; that's for trading." These $100 bills aren't meant… — Michael Hudson Copy Share
Nobody prefers to earn income any more, because that's taxable. Rich people prefer to make capital gains. — Michael Hudson Copy Share Image
If you end internet neutrality and permit mergers of the big information technology corporations, that's a form of rent seeking. It's part of today's… — Michael Hudson Copy Share Image
Deflation means a slowdown of income growth. Markets shrink, new capital investment and employment also taper off, so wages decline. That is what's happening… — Michael Hudson Copy Share Image
What's bad for the frackers usually is good for the rest of the world. — Michael Hudson Copy Share Image
You could say that the vote to withdraw from Europe is, it's really a vote of the British middle class, the working class, to… — Michael Hudson Copy Share Image
Actually, high housing prices don't help the economy. They raise the cost of living. — Michael Hudson Copy Share Image
When economists speak of money, they neglect that all money and credit is debt. That is the essence of bookkeeping and accounting. There are… — Michael Hudson Copy Share Image
The United States and Europe are in a state of debt deflation, where people and businesses have to pay banks instead of spending their… — Michael Hudson Copy Share Image
On the flat tax, the more you compress the tax rates, the more you untax where the income is really made, at the top… — Michael Hudson Copy Share Image
Income is sucked upward to the creditors, who then foreclose on the assets of debtors. This shrinks tax revenue, forcing public budgets into deficit.… — Michael Hudson Copy Share Image
Don't let's lose sight of what creates wealth. It is open markets, it is capitalism. — Rupert Murdoch Copy Share Image
Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours. — Alan Greenspan Copy Share Image
Advances in technology will continue to reach far into every sector of our economy. Future job and economic growth in industry, defense, transportation, agriculture,… — Christopher Bond Copy Share Image
Our engagement through international economics, trade, these trade agreements, is vital and is linked to our national security. This is a lesson we learned from the '30s, it is a lesson we learned post-World War II, and it plays to our strengths. — Charles Boustany Copy Share
“The free-market economy and globalisation process have brought about, in the late twentieth and early twenty-first century, a sharp and sudden rise in the standard of living and level of awareness of life’s pleasures and luxuries available to the educated and new middle classes, in all countries liberated from the “intelligent design” of totalitarian or semi-totalitarian governments that purported to… — Yaakov Malkin Copy Share
“Everything economic science posits as given, that is, the range of dispositions of the economic agent which ground the illusion of the ahistorical universality of the categories and concepts employed by that science, is, in fact, the paradoxical product of a long collective history, endlessly reproduced in individual histories, which can be fully accounted for only by historical analysis: it… — Pierre Bourdieu Copy Share
Politics is about power. It is about the power of the state. It is about the power of the state as applied to individuals,… — Kevin Rudd Copy Share Image
“a select group of high-performing companies have managed to close the strategy-to-performance gap through better planning and execution. These companies—Barclays, Cisco Systems, Dow Chemical,… — Michael C. Mankins Copy Share Image
The system of private property is the most important guaranty of freedom, not only for those who own property, but scarcely less for those… — Friedrich August von Hayek Copy Share Image
The politician attempts to remedy the evil by increasing the very thing that caused the evil in the first place: legal plunder. — Frederic Bastiat Copy Share Image
“Economists have a singular method of procedure. There are only two kinds of institutions for them, artificial and natural. The institutions of feudalism are artificial institutions, those of the bourgeoisie are natural institutions. In this, they resemble the theologians, who likewise establish two kinds of religion. Every religion which is not theirs is an invention of men, while their own… — Karl Marx Copy Share
