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"Why should we, however, in economics, have to plead ignorance of the sort of facts on which, in the case of a physical theory, a scientist would certainly be expected to give precise information?"
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"Every month that we do not have an economic recovery package 500 million Americans lose their jobs."
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Personal Development
"Telephones are a virtual necessity - not a luxury - and the revenues collected by this tax flow into the general fund. But this once temporary tax remains and costs American taxpayers, our small businesses and families almost $6 billion dollars a year."
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Personal Development
"No nation was ever ruined by trade."
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Personal Development
"The United States dollar took another pounding on German, French and British exchanges this morning, hitting the lowest point ever known in West Germany."
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Personal Development
"The buyer needs a hundred eyes, the seller not one."
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Personal Development
"Advances have fallen, generally, for everything except the biggest potential bestsellers. Given all the changes, both economic and technological, SF hasn't done too badly."
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Personal Development
"I suggest to you that increasing the size of America's economic pie - which can be achieved only if everybody has a seat at the table - is the most important challenge facing our country today."
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Personal Development
"Now, anybody who thinks that we can move this economy forward with just a few folks at the top doing well, hoping that it's going to trickle down to working people who are running faster and faster just to keep up, you'll never see it."
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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
"India is undergoing profound transformations. We are today the fastest growing economy in the world. We want the Indian economy to be driven by smart and sustainable cities, robust farm sector, vibrant manufacturing and dynamic service sector. And, its engines to run on world class network of rails, roads, airports and digital connectivity."
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"We have indeed at the moment little cause for pride: as a profession we have made a mess of things."
Cause
"Why should we, however, in economics, have to plead ignorance of the sort of facts on which, in the case of a physical theory, a scientist would certainly be expected to give precise information?"
Economy
"We know, in other words, the general conditions in which what we call, somewhat misleadingly, an equilibrium will establish itself: but we never know what the particular prices or wages are which would exist if the market were to bring about such an equilibrium."
Economy
"Our moral traditions developed concurrently with our reason, not as its product."
Reason
"It seems to me that socialists today can preserve their position in academic economics merely by the pretense that the differences are entirely moral questions about which science cannot decide."
Science
"Intellects whose desires have outstripped their understanding."
Intelligence
"The mind cannot foresee its own advance."
Mind
"We know: of course, with regard to the market and similar social structures, a great many facts which we cannot measure and on which indeed we have only some very imprecise and general information."
Fact
"The credit which the apparent conformity with recognized scientific standards can gain for seemingly simple but false theories may, as the present instance shows, have grave consequences."
Science
"If we wish to preserve a free society, it is essential that we recognize that the desirability of a particular object is not sufficient justification for the use of coercion."
Society
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