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Quotes by Economist
"We have a serious structural deficit problem. And it needs to be addressed. The president is trying to address it through reforms of Social Security, but the problem is there with other entitlement programs like Medicare and Medicaid."
35
"My research, even before 1972, moved in directions beyond those cited for the Nobel Memorial Prize. Most of it, in one way or another, deals with information as an economic variable, both as to its production and as to its use."
35
"As the revenue of the farmer is realized in raw produce, or in the value of raw produce, he is interested, as well as the landlord, in its high exchangeable value, but a low price of produce may be compensated to him by a great additional quantity."
35
"The good news is that a competitive dollar in the global market and a strong dollar at home are compatible in both the long run and during the transition to a more competitive dollar."
35
"Meetings are a great trap. Soon you find yourself trying to get agreement and then the people who disagree come to think they have a right to be persuaded. However, they are indispensable when you don't want to do anything."
35
"You will find that the State is the kind of organization which, though it does big things badly, does small things badly, too."
35
"White House and State Department foreign-policy experts are overwhelmingly directed towards military and diplomatic issues, not development issues."
35
"And one of our points of continuing conversation with our trading partners is the urgency of their taking steps to remove barriers to their improved growth performance."
35
"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."
35
"I had to think whether, after 50 years of hard slog, I was still lucid and fresh enough for the job."
35
"Only now did I recognize the reciprocal relationship which exits between manufacturing power and the national system of transportation, and that the one can never develop to its fullest without the other."
35
"From 1931 to 1937, I was a Fellow and Lecturer in Economics at Hertford College, Oxford."
35
"Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government."
35
"Most of us have no sympathy with the rich idler who spends his life in pleasure without ever doing any work. But even he fulfills a function in the life of the social organism. He sets an example of luxury that awakens in the multitude a consciousness of new needs and gives industry the incentive to fulfill them."
35
"To beat the market you'll have to invest serious bucks to dig up information no one else has yet."
35
"I went to elementary school in Ottawa, and then to a private secondary school."
35
"Under certain conditions, index numbers may do very useful service as an aid to investigation into the history and statistics of prices; for the extension of the theory of the nature and value of money they are unfortunately not very important."
35
"Even the striving for equality by means of a directed economy can result only in an officially enforced inequality - an authoritarian determination of the status of each individual in the new hierarchical order."
35
"We have a system that increasingly taxes work and subsidizes nonwork."
35
"The German future lies in the hands of our Fuehrer."
35
"Amherst was pivotal in my broad intellectual development; MIT in my development as a professional economist."
35
"We all agree that pessimism is a mark of superior intellect."
35
"All wealth consists of desirable things; that is, things which satisfy human wants directly or indirectly: but not all desirable things are reckoned as wealth."
35
"Certainly, the poverty, the discrimination, the episodic unemployment could not but strike an inquiring youngster: why did these exist, and what could we do about them."
35
"All science is static in the sense that it describes the unchanging aspects of things."
35
"Born in iniquity and conceived in sin, the spirit of nationalism has never ceased to bend human institutions to the service of dissension and distress."
35
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