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Martin Feldstein

"Inflation is lower and more stable and the real business cycle fluctuations are more modest."

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"Inflation is lower and more stable and the real business cycle fluctuations are more modest."

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"Business is the salt of life."

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"Asking the appropriate questions means understanding exactly what your customer is trying to achieve."

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"Government "help" to business is just as disastrous as government persecution... the only way a government can be of service to national prosperity is by keeping its hands off."

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"Winning 'Motor Trend' Car of the year is probably the closest thing to winning the Oscar or Emmy of the car industry."

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"Concerning Personal Branding and Social Media, Understand that attention came be gained or gamed but trust must be earned."

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"Business should never be merely transactional -it should be transformational."

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"One of the biggest problems with your average sales call is that the salesman doesn't know what he is trying to achieve. He hasn't worked out the end of the journey. So he sets off and just hopes he walks out with something."

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"Business succeed when friends and relatives pays their bills promptly."

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Martin Feldstein
"To finance this trade deficit, the U.S. has to borrow from the rest of the world or sell American assets like stocks, businesses, and real estate to the rest of the world."
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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."
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Martin Feldstein
"Even if the dollar does decline during the coming months, the delays in the response of exports and imports to the more competitive dollar will mean that the increase in aggregate demand from this source may not happen for a year or more."
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Martin Feldstein
"Domestic inflation reflects domestic monetary policy."
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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."
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Martin Feldstein
"I think that over the last few decades, we have seen better economic outcomes than in the past."
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Martin Feldstein
"And finally, no matter how good the science gets, there are problems that inevitably depend on judgement, on art, on a feel for financial markets."
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Martin Feldstein
"A second reason why science cannot replace judgement is the behavior of financial markets."
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Martin Feldstein
"We pay some price when necessary to bring down inflation but that price is temporary and is not large relative to the permanent gain from reduced inflation."
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Martin Feldstein
"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."
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