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"This paper was one of my digressions into abstract economics."
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"Employment is the biggest form of slavery."
Author Name
Personal Development
"The economic base of a nation, is the foundation of the it's secrets."
Author Name
Personal Development
"I don't know where the stock market is going, but I will say this, that if it continues higher, this will do more to stimulate the economy than anything we've been talking about today or anything anybody else was talking about."
Author Name
Personal Development
"A farmer is a magician who produces money from the mud."
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."
Author Name
Personal Development
"Not every single broke and unemployed person needs a job, some need customers."
Author Name
Personal Development
"Civilization transformed man from a food gatherer to a gatherer of pieces of paper: diplomas, employment contracts, money, etc."
Author Name
Personal Development
"India is poised to contribute as a new engine of global growth. A larger Indian economy has multiple benefits for the world. India presents a large and growing market. But India is much more than a market. India is a reliable partner; a source of high quality scientific, engineering and managerial talent."
Author Name
Personal Development
"Major policy reform in the petroleum sector. Under the new Hydrocarbon Exploration Licensing Policy, there will be pricing and marketing freedom and a transparent revenue-sharing methodology. This will eliminate many layers of bureaucratic controls."
Author Name
Personal Development
"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
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"Currently a level of unemployment of 7 percent or more seems to be required to keep inflation from accelerating, a level quite unacceptable as a permanent situation."
Economy
"This paper was one of my digressions into abstract economics."
Economy
"I define genuine full employment as a situation where there are at least as many job openings as there are persons seeking employment, probably calling for a rate of unemployment, as currently measured, of between 1 and 2 percent."
Job
"Practically, the desirable situation ought to be one in which any reasonably responsible person willing to accept available employment can find a job paying a living wage within 48 hours."
Job
"Nearly all educational expenditure should be considered a capital outlay, whether it provides a future return in the form of enhanced taxable income or in terms of an enhanced quality of life."
Life
"The nominal budget is a poor indicator of the impact of government outlays and revenues."
Government
"Larger deficits are necessary and proper means to mitigate unemployment as the far greater evil in terms of human welfare."
Evil
"There is no real justification for a requirement that a budget of any sort should be balanced, except as a rallying point for those who seek to hamstring government."
Government
"The insane pursuit of the holy grail of a balanced budget in the end is going to drive the economy into a depression."
Politics
"If unemployment could be brought down to say 2 percent at the cost of an assured steady rate of inflation of 10 percent per year, or even 20 percent, this would be a good bargain."
Economy
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