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"Inflation is lower and more stable and the real business cycle fluctuations are more modest."
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"The ultimate profit of all businesses should be happiness."
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Personal Development
"16th century advertisements cannot market 21st century products. Look for what is necessary at the present moment."
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"If you have ever experienced this type of unprofessional treatment, I doubt you would even consider giving them business in the future. Interrupting, ignoring, patronizing, or antagonizing a customer is like pouring gas on a fire and creates a more explosive situation than the original complaint. Still, it continues to happen every day, costing companies millions in lost revenue."
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Personal Development
"My grandfather had a paint store. It's what put my mom through college. Small business is part of my family history."
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Personal Development
"All those years we'd spent learning these chops, and all those gigs in Germany where you'd play all night, and along comes punk. It has nothing to do with that. A lot of people went out of business."
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Personal Development
"It's really impossible to project ahead even six months in this business."
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Personal Development
"Every experiment, by multitudes or by individuals, that has a sensual and selfish aim, will fail."
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Personal Development
"For official record, if become bankrupt old retail distribution centers-labeled supermega, so-enlarged foodstuff market- later reincarnate to become worship shrine. First sell food-stuff, next then same structure sell battered furnitures, next now born as gymnasium club, next broker flea markets, only at final end of life...sell religions."
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Personal Development
"Agile does not mean laissez-faire, flexibility and freedom are based on the well-defined principles."
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"Redundancy is my favourite business strategy."
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Explore more quotes by Martin Feldstein
"But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries."
Finance
"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
"Inflation is lower and more stable and the real business cycle fluctuations are more modest."
Business
"We are particularly poor at the open economy issues."
Economy
"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
"A second reason why science cannot replace judgement is the behavior of financial markets."
Science
"But then in April of 1985 the dollar began a sharp decline. The dollar's trade weighted value fell 23 percent in just 12 months and by a total of 37 percent by the beginning of 1988."
Economy
"The more competitive value of the dollar turned around the trade deficit."
Economy
"But the primary reason for wanting the dollar to become more competitive in the near future is that we may need an increase in exports this year and in 2007 to sustain the economy's current pace of expansion."
Economy
"Unless the trade deficit shrinks, the combination of the trade deficit and the interest and dividend payments to foreigners will grow ever more rapidly."
Economy
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