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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."

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"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."

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Donna Grant

"Foreign aid is neither a failure nor a panacea. It is, instead, an important tool of American policy that can serve the interests of the United States and the world if wisely administered."

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Personal Development

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Donna Grant

"The extra curricular activity in which I was most engaged - debating - helped shape my interests in public policy."

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Personal Development

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Donna Grant

"I am afraid we must make the world honest before we can honestly say to our children that honesty is the best policy."

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Personal Development

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Donna Grant

"I see the policy of opposing same-sex marriages or unions, whatever you call it, as bigotry or discrimination."

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Personal Development

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Donna Grant

"Even though I was concentrating on that two-week period from September 11th to September 20th, I was seeing the policy for real, happening, that we were talking about in the film."

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Personal Development

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Donna Grant

"A common currency imposes on us a duty to cooperate more on policy."

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Personal Development

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Donna Grant

"Very hard, very hard to represent a country, or carry out a policy that does not have consensus support."

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Personal Development

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Donna Grant

"Crime is only the worst example, but it is a paradigm for other Labour policy disasters. No one tells the voters that crime is falling: let them stay scared senseless."

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Personal Development

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Donna Grant

"Speeches are not magic and there is no great speech without great policy."

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Donna Grant

"We need to ask our policy makers and those we elect to office who are supposed to make decisions to give us the evidence of the facts that are behind the decisions that we make. We should be skeptical."

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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."

Gain

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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
"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
"Thirty years ago, many economists argued that inflation was a kind of minor inconvenience and that the cost of reducing inflation was too high a price to pay. No one would make those arguments today."

Economy

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Martin Feldstein
"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

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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
"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."

Finance

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Martin Feldstein
"Domestic inflation reflects domestic monetary policy."

Policy

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

Economy

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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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