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Martin Feldstein

"The price of imported oil in the US doubled between summer 2003 and summer 2005, reducing consumers' purchasing power by more than 1 per cent of gross domestic product."

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"The price of imported oil in the US doubled between summer 2003 and summer 2005, reducing consumers' purchasing power by more than 1 per cent of gross domestic product."

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Amber Hurdle

"There is only one thing for us to do, and that is to do our level best right where we are every day of our lives; To use our best judgment, and then to trust the rest to that Power which holds the forces of the universe in his hands."

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Personal Development

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Amber Hurdle

"A stone thrown up into the air is bound to fall down, and absolute power is like a huge stone thrown up into the air."

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Personal Development

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Amber Hurdle

"People might say I'm difficult, but did you ever hear anyone describe a label as 'difficult'? By nature, artists should challenge. When they call you difficult, it is a reflection of the imbalance of power."

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Personal Development

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Amber Hurdle

"Strength and success - they are above morality, above criticism. It seems, then, that it is not what you do, but how you do it and what you call it. Is there a check in men, deep in them, that stops or punishes? There doesn't seem to be. The only punishment is for failure. In effect no crime is committed unless a criminal is caught."

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Personal Development

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Amber Hurdle

"It is easy, out of laziness, out of weakness, to throw oneself into the lap of deity, saying, 'I couldn't help it; the way was set.' But think of the glory of the choice!"

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Personal Development

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Amber Hurdle

"The truths of religion are never so well understood as by those who have lost the power of reason."

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Personal Development

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Amber Hurdle

"Power is only vouchsafed to the man who dares to stoop and pick it up."

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Personal Development

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Amber Hurdle

"Whoever has experienced the power and the unrestrained ability to humiliate another human being automatically loses his own sensations. Tyranny is a habit, it has its own organic life, it develops finally into a disease. The habit can kill and coarsen the very best man or woman to the level of a beast. Blood and power intoxicate ... the return of the human dignity, repentance and regeneration becomes almost impossible."

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Personal Development

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Amber Hurdle

"Anyone who seeks power wants absolute power."

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Amber Hurdle

"Power is given only to him who dares to stoop and take it ... one must have the courage to dare."

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Martin Feldstein
"Although economists have studied the sensitivity of import and export volumes to changes in the exchange rate, there is still much uncertainty about just how much the dollar must change to bring about any given reduction in our trade deficit."

Change

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Martin Feldstein
"In short, both experience and economic theory imply that the US could now t to a more competitive dollar without experiencing either increased inflation or decreased economic growth."

Experience

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Martin Feldstein
"So just as I want pilots on the planes that I fly, when it comes to monetary policy, I want to think that there is someone with sound judgement at the controls."

Policy

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Martin Feldstein
"A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output."

Business

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Martin Feldstein
"We are particularly poor at the open economy issues."

Economy

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Martin Feldstein
"The only way that we can reduce our financial dependence on the inflow of funds from the rest of the world is to reduce our trade deficit."

Finance

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Martin Feldstein
"After all, an overvalued dollar gives us the ability to buy foreign goods at lower prices. And the existing volume of exports brings more yen and euros than they would if the dollar were more competitive."

Ability

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Martin Feldstein
"A second reason why science cannot replace judgement is the behavior of financial markets."

Science

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Martin Feldstein
"The price of imported oil in the US doubled between summer 2003 and summer 2005, reducing consumers' purchasing power by more than 1 per cent of gross domestic product."

Power

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Martin Feldstein
"The good news is that a competitive dollar in the global market and a strong dollar at home are compatible in both the long run and during the transition to a more competitive dollar."

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