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"If unemployment could be brought down to say 2 percent at the cost of an assured steady rate of inflation of 10 percent per year, or even 20 percent, this would be a good bargain."
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"Since we took office, inflation, the fiscal deficit and the balance of payments current account deficit have all fallen. GDP growth, foreign exchange reserves, stock market valuations, and investor confidence have all increased. This success is the result of a series of well thought out policies."
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Personal Development
"And it will often happen that a man with wealth in the form of coined money will not have enough to eat, and what a ridiculous kind of wealth is that which even in abundance will not save you from dying with hunger!"
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Personal Development
"Market economy favors the have against the have not."
Author Name
Personal Development
"They only let us live in millions for the sake of the economy. I don't know what will happen by the time they figure out how to run the economy without the people."
Author Name
Personal Development
"But economic recovery must be earned. And it will be earned by entrepreneurs and it will be earned by small businesses."
Author Name
Personal Development
"Economics is extremely useful as a form of employment for economists."
Author Name
Personal Development
"My first priority is growing this economy in the long term, and stimulating it in the short term."
Author Name
Personal Development
"Our growing, robust economy is able to provide the average American citizen access to the best social program there is - a steady job."
Author Name
Personal Development
"Right now, every American is affected by high energy prices. Working families, small businesses and consumers across the country are feeling the pinch with no end in sight."
Author Name
Personal Development
"Know that each acre of fallow ought to support yearly two sheep at the least, then a hundred acres of fallow can support two hundred sheep, two hundred acres, four hundred sheep and so on."
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Personal Development
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"Firms would be given initial entitlements to gross markup on the basis of past performance. These entitlements would be transferable and a market in them would be developed."
Performance
"Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level."
Economy
"The supply-side effect of a restrictive monetary policy is likely to be perverse, in that high interest rates enter into costs and thus exert inflationary pressure."
Policy
"Nearly all educational expenditure should be considered a capital outlay, whether it provides a future return in the form of enhanced taxable income or in terms of an enhanced quality of life."
Life
"This paper was one of my digressions into abstract economics."
Economy
"Currently a level of unemployment of 7 percent or more seems to be required to keep inflation from accelerating, a level quite unacceptable as a permanent situation."
Economy
"Increasingly prices are set by sellers to raise their prices without a loss of sales sufficient to wipe out the gain."
Gain
"If unemployment could be brought down to say 2 percent at the cost of an assured steady rate of inflation of 10 percent per year, or even 20 percent, this would be a good bargain."
Economy
"There is no reason inherent in the real resources available to us why we cannot move rapidly within the next two or three years to a state of genuine full employment."
Reason
"The nominal budget is a poor indicator of the impact of government outlays and revenues."
Government
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