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"Armaments; extremely useful for fighting wars, a deadweight in any civil 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."
"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."
"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."
"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."
"Root cause of inequality is the mass scale digital disruption advantage as means of wealth creation is concentrated."
"In capitalist nation, all is decided by money."
"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."
"Usually it is one or two things that are talked about, but today growth has being talked about in all sectors. Electricity production has gone up and so has demand. Infrastructure work is also growing rapidly and that happens when there is demand in the economy. From all this it looks like we have moved ahead to better days."
"India is a land of potentials and now, it is also a land of enabling policy environment. It is a nation of 1.25 billion people blessed with the extraordinary resources in the form of 800 million youth. At a time when the global economy remains weak the world speaks in one voice that India is the new bright spot of hope for our region and the world."
Explore more quotes by John Ralston Saul
"Marx was fortunate to have been born eighty years before Walt Disney. Disney also promised a child's paradise and unlike Marx, delivered on his promise."
"If allowed to run free of the social system, capitalism will attempt to corrupt and undermine democracy, which is after all not a natural state."
"Bankers - pillars of society who are going to hell if there is a God and He has been accurately quoted."
"Only when God was said to have died did various leaders, professions and sectors risk pushing themselves forward as successors."
"Either God is alive, in which case he'll deal with us as he sees fit. Or he is dead, in which case he was never alive, it being unlikely that he died of old age."
"The citizen's job is to be rude - to pierce the comfort of professional intercourse by boorish expressions of doubt."
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