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"My claim is that we do not have a market economy, but a capitalist economy."
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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
"My task over the last two years hasn't just been to stop the bleeding. My task has also been to try to figure out how do we address some of the structural problems in the economy that have prevented more Googles from being created."
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Personal Development
"Another point of economy is to look for seed of the same kind as you sow, and not to hope to buy one kind with an other kind. Friendship buys friendship; justice, justice; military merit, military success...Yet there is commonly a confusion of expectations on these points. Hotspur lives for the moment, praises himself for it, and despises Furlong, that he does not. Hotspur of course is poor, and Furlong is a good provider. The odd circumstance is that Hotspur thinks it a superiority in himself, this improvidence, which ought to be rewarded with Furlong's lands."
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Personal Development
"In two years, we have managed to overcome the odds and register an impressive economic performance."
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Personal Development
"Money is representative, and follows the nature and fortunes of the owner...The farmer is covetous of his dollar, and with reason. It is no waif to him. He knows how many strokes of labor it represents. His bones ache with the days' work that earned it. He knows how much land it represents - how much rain, frost and sunshine. He knows that, in the dollar, he gives you so much discretion and patience, so much hoeing and threshing. Try to lift his dollar; you must lift all that weight. In the city, where money follows the skit of a pen or a lucky rise in exchange, it comes to be looked on as light."
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Personal Development
"Our "Make in India" initiative is not intended for only manufacturing for the domestic market or import substitution. It is as much about making world-class products and services for the whole globe."
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Personal Development
"Root cause of inequality is the mass scale digital disruption advantage as means of wealth creation is concentrated."
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Personal Development
"In capitalist nation, all is decided by money."
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Personal Development
"India is one of the world economy's brightest spots. We have low inflation, a low balance of payments current account deficit, and a high rate of growth. This is the result of good policy, not good fortune."
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Personal Development
"India's economic success is the hard-won result of prudence, sound policy and effective management."
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Personal Development
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"The professional study of economics has become ideological brainwashing. It is a defense of the excesses of the capitalist system."
Defence
"If you look internationally over the last 50 years there have been improvements in the third world, but in the last 20 years the reverse has happened, with debt crises and increased poverty."
Debt
"More humane societies are usually smaller, like the Scandinavian countries and Holland, where it is much easier to reach consensus and cooperation."
Society
"And each of these perspectives comes to the same conclusion, which is that our global economy is out of control and performing contrary to basic principles of market economics."
Control
"But we can also take the radical view that the test of an economy has to do with the extent to which it is providing everybody with a decent means of living."
Economy
"Moreover, statistics can be deceiving: the growth of jobs in the US in the 90s was due to many part-time jobs, with no benefits and generally low pay."
Growth
"Global competition is about winners and losers."
Competition
"It is interesting to note that the 200 richest people have more assets than the 2 billion poorest."
People
"Money flows into the US, and inflates US assets, and allows the US to have a monstrous trade deficit. That means we are consuming more than we are producing."
Money
"In the US, most progressives start to see the differences between internationalism and economic globalization."
Politics
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