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Vaclav Klaus

"What we want is to establish the rules of a market economy - not to plan its outcome."

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"What we want is to establish the rules of a market economy - not to plan its outcome."

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A.E. Samaan

"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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A.E. Samaan

"And it will often happen that a man with wealth in the form of coined money will not have enough to eat, and what a ridiculous kind of wealth is that which even in abundance will not save you from dying with hunger!"

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Personal Development

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A.E. Samaan

"Market economy favors the have against the have not."

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Personal Development

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A.E. Samaan

"They only let us live in millions for the sake of the economy. I don't know what will happen by the time they figure out how to run the economy without the people."

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Personal Development

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A.E. Samaan

"But economic recovery must be earned. And it will be earned by entrepreneurs and it will be earned by small businesses."

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Personal Development

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A.E. Samaan

"Economics is extremely useful as a form of employment for economists."

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Personal Development

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A.E. Samaan

"My first priority is growing this economy in the long term, and stimulating it in the short term."

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Personal Development

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A.E. Samaan

"Ohio is one of only two states that have a minimum wage below the federal level of $5.15 an hour."

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Personal Development

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A.E. Samaan

"Our growing, robust economy is able to provide the average American citizen access to the best social program there is - a steady job."

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Personal Development

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A.E. Samaan

"We aren't leveraging this great economic engine, the strongest economy in the world. And yet we have this totally weak response. We import $500 billion a year more in products than we export."

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Vaclav Klaus
"Privatization of the state-owned economy is not yet on the agenda. We cannot do it immediately; my colleagues would not agree to it. But we must put all forms of ownership on an equal footing immediately and let different types of ownership compete with the state firms."

Economy

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Vaclav Klaus
"What we want is to establish the rules of a market economy - not to plan its outcome."

Economy

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Vaclav Klaus
"I never intended to be a politician or office-seeker."

Office

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Vaclav Klaus
"That means following a very restrictive fiscal and monetary policy which will squeeze the monopolies and cut their subsidies. On the micro level we will allow other economic agents, both domestic and foreign, to compete with them."

Policy

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Vaclav Klaus
"Then in 1969, I spent the spring term at Cornell University in New York. The invasion of August 1968 had already happened, but the hardline regime took several months to crack down on dissidents."

Change

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Vaclav Klaus
"We must have the time to create strict rules so that property is not sold by Communist managers for a low price. They often get payments under the table to sell to the first bidder. This does not build public support for a market economy."

Time

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Vaclav Klaus
"It is what makes the reform process an art, not just a science. You have to develop a strategy that tells you what reform measures you should follow and in what sequence."

Art

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Vaclav Klaus
"I also helped write the five-page statement of principles that Civic Forum issued in late November. That was the first public expression of what the new government wanted to do."

Government

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Vaclav Klaus
"I was paid to read Western economic texts. In a way, the regime paid for their own undermining."

Reading

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Vaclav Klaus
"By the time I returned to Czechoslovakia, I had an understanding of the principles of the market."

Time

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