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"If stability and efficiency required that there existed markets that extended infinitely far into the future - and these markets clearly did not exist - what assurance do we have of the stability and efficiency of the capitalist system?"
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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."
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Personal Development

"Economic growth cannot only be restricted to a few cities and a few citizens. Development has to be all-round and all-inclusive."
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Personal Development

"Belonging to the working class is the economy's punishment for those who did what they were told to do in class."
Author Name
Personal Development

"Employment is the biggest form of slavery."
Author Name
Personal Development

"Because of the power that we have given money: The government would rather have taxpayers who do not vote, than voters who do not pay tax."
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Personal Development

"Not every single broke and unemployed person needs a job, some need customers."
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Personal Development

"That some should be rich shows that others may become rich and hence is just encouragement to industry and enterprise."
Author Name
Personal Development

"A reputation for money is almost as negotiable as money itself."
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Personal Development

"A poor man knows the true value of money and will not dare waste it, but a rich man is extravagant and always looking for an opportunity to empty his pockets."
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Personal Development

"The United States dollar took another pounding on German, French and British exchanges this morning, hitting the lowest point ever known in West Germany."
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Personal Development
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"I knew that discrimination existed, even though there were many individuals who were not prejudiced."
Awareness

"But while I loved all of these courses, there was an irresistible attraction of economics."
Economy

"I, like many members of my generation, was concerned with segregation and the repeated violation of civil rights."
Justice

"I grew up in a family in which political issues were often discussed, and debated intensely."
Family

"In debate, one randomly was assigned to one side or the other. This had at least one virtue - it made one see that there was more than one side to these complex issues."
Virtue

"Much of my work in this period was concerned with exploring the logic of economic models, but also with attempting to reconcile the models with every day observation."
Work

"Amherst was pivotal in my broad intellectual development; MIT in my development as a professional economist."
Development

"If stability and efficiency required that there existed markets that extended infinitely far into the future - and these markets clearly did not exist - what assurance do we have of the stability and efficiency of the capitalist system?"
Economy

"I think in part the reason is that seeing an economy that is, in many ways, quite different from the one grows up in, helps crystallize issues: in one's own environment, one takes too much for granted, without asking why things are the way they are."
Economy

"Amherst is a liberal arts college, committed to providing students with a broad education."
Education
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