Quotes by Economists

The economy is a very sensitive organism. Hjalmar Schacht

Finance Economy Very Sensitive Organism

The aim and the idea of the Four Year Plan were and remain entirely correct and necessary! Hjalmar Schacht

Year Aim Correct Entirely Remain Idea Were Plan Four Necessary

It has been shown that, in contrast to everything which classical national economy has hitherto taught, not the producer but the consumer is the ruling factor in economic life. Hjalmar Schacht

Life National Everything Ruling Has-Been Classical Economic Factor Consumer Economic Life Economy Been National Economy Contrast Hitherto Taught Which Producer Shown

But the memory of war weighs undiminished upon the people's minds. That is because deeper than material wounds, moral wounds are smarting, inflicted by the so- called peace treaties. Hjalmar Schacht

War Peace Memory People Minds Moral Wounds Weighs Because Material Than Inflicted So-Called Deeper Treaties

And this thesis is somewhat connected with general social and political observations, because it establishes the fact that the number of consumers is considerably larger than the number of producers, a fact which exercises a not inconsiderable social and political pressure. Hjalmar Schacht

Political Pressure Considerably General Fact Somewhat Consumers Observations Because Exercises Than Which Social Producers Connected Thesis Larger Number

We have to start a process of looking at what's next after we complete the modernization effort. Ildefonso Guajardo Villarreal

Looking Complete Effort After Process Modernization Next Start

We believe more in bridges and making the border better. Ildefonso Guajardo Villarreal

Better Believe Border More Making Bridges

The end-to-end value chain analysis proposed by the World Economic Forum has proved to be useful methodology, not only to identify trade barriers but also to highlight the importance of coordination among public-sector institutions. Ildefonso Guajardo Villarreal

Free trade and economic stability do not, by themselves, guarantee success. Ildefonso Guajardo Villarreal

Success Free Economic Free Trade Trade Stability Themselves Guarantee

One of the good things that's happening in manufacturing in Mexico is that the old maquiladora that was relegated to just assembling things has changed in different sectors. One of these sectors is the aerospace industry and in how we attract workers that have been in technical school. Ildefonso Guajardo Villarreal

NAFTA is a trilateral agreement, and it would make a lot of sense to have trilateral discussions. Ildefonso Guajardo Villarreal

Sense Would NAFTA Make Lot Discussions Agreement

If you throw obstacles at the relationship with Mexico, you would be shooting yourself in the foot. Ildefonso Guajardo Villarreal

Relationship You Yourself Would Would-Be Throw Foot Obstacles Mexico Shooting

Let me first clarify that NAFTA is a trilateral agreement. The decision of walking away is not of Mexico or Canada. The decision of walking away is of the U.S. Ildefonso Guajardo Villarreal

Me Decision First Clarify NAFTA Mexico Walking Canada Agreement Away

If we have to talk to the devil to guarantee the safety and future of the Mexican people in the U.S., Mexico will talk to the devil. Ildefonso Guajardo Villarreal

Future People Safety Will Devil Talk Mexican Mexico Guarantee

We can be a very natural partner as a support base for Ireland to use Mexico to enter into the North American and South American markets and for Mexico, in turn, to really take advantage of Ireland as a gateway to the European markets. Ildefonso Guajardo Villarreal

Mexico is very well positioned in the IT sector, thanks to our closeness to North America and how things are being developed in Silicon Valley. Ildefonso Guajardo Villarreal

Thanks Our Valley Sector Silicon Silicon Valley Developed Well How Mexico Very North North America America Closeness Being Things

A scenario without NAFTA is something we have to think about. Ildefonso Guajardo Villarreal

Think About Something Scenario NAFTA Without

You know how it is: when you politicize things, it is not the best ingredient to get things done. Ildefonso Guajardo Villarreal

Best You Know How Get Done Ingredient Things

You cannot have an agreement... that gives a tailor's cut, a perfect handiwork, to a specific company. Ildefonso Guajardo Villarreal

You Gives Perfect Tailor Handiwork Cannot Cut Company Agreement Specific

Every challenge has the opportunity to convert into a winning proposition. Ildefonso Guajardo Villarreal

Opportunity Challenge Every Winning Proposition Convert

If there is any action that punishes imports to the North American market and encourages U.S. exports, you have to reflect it in a mirror action to counteract the change of incentives that this would make for activity and investment in Mexico. Ildefonso Guajardo Villarreal