Economic Loss

Famous quotes containing the words economic and/or loss:

“It does not follow, because our difficulties are stupendous, because there are some souls timorous enough to doubt the validity and effectiveness of our ideals and our system, that we must turn to a state controlled or state directed social or economic system in order to cure our troubles.”
—Herbert Hoover (1874–1964)

“One has but to observe a community of beavers at work in a stream to understand the loss in his sagacity, balance, co-operation, competence, and purpose which Man has suffered since he rose up on his hind legs.... He began to chatter and he developed Reason, Thought, and Imagination, qualities which would get the smartest group of rabbits or orioles in the world into inextricable trouble overnight.”
—James Thurber (1894–1961)