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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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Asa Don Brown

"When you see how the President makes political or policy decisions, you see who he is. The essence of the Presidency is decision-making."

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Asa Don Brown

"In a constructive policy, there is 'adjust everywhere' and in a destructive policy, there is a policy of disadjustment."

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Asa Don Brown

"So, I'm lying on the couch and Laura walks in and I say, 'Free at last,' and she says 'You're free all right, you're free to do the dishes.' So I say, 'You're talking to the former president, baby,' and she said, 'consider this your new domestic policy agenda.'"

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Asa Don Brown

"Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire."

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Asa Don Brown

"Any intervention, such as that of the German Reichsbank in the Spring of 1923, in which only a small part of the increasing note-expansion was recovered by the banks through the sale of foreign bills, would necessarily be unsuccessful. Led by the idea of opposing speculation, inflationistic governments have allowed themselves to become involved in measures whose meaning is hardly intelligible. Thus at one time the importation of notes, then their exportation, then again both their exportation and importation, have been prohibited. Exporters have been forbidden to sell for their own country's notes, importers to buy with them."

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Asa Don Brown

"Mbeki began to write a study of the workings of apartheid policy in the reserves - the areas set aside in law for African occupation - as early as 1959 and 1960."

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Asa Don Brown

"Without a good cultural policy, without adequate help, we will always have individualists, shooting stars who are rapidly forgotten or who stop painting for a more profitable occupation."

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Asa Don Brown

"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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Asa Don Brown

"So far I, at least, have no fault to find with implications of Hamilton's Federalism, but unfortunately his policy was in certain other respects tainted with a more doubtful tendency."

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Asa Don Brown

"And I think the rolling polls put more pressure on them to sustain their beliefs and to improve their delivery of the policy and their delivery of the ideas so that they can garner support for whatever principle they're articulating."

Explore more quotes by Martin Feldstein

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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."
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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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Martin Feldstein
"Increased government spending can provide a temporary stimulus to demand and output but in the longer run higher levels of government spending crowd out private investment or require higher taxes that weaken growth by reducing incentives to save, invest, innovate, and work."
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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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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."
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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
"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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Martin Feldstein
"Unless the trade deficit shrinks, the combination of the trade deficit and the interest and dividend payments to foreigners will grow ever more rapidly."
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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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