Get QuoteDark Inspirational Quotes App
" A less healthy America is not going to be as productive. "
" There is something about the mindset of a scientist that is different - an awareness of uncertainty, modeling, proof. "
" One can only hope that America, and other countries, will not need more natural persuasion before taking to heart the lessons of Hurricane Harvey. "
" It's very clear that TPP was promoted by corporate interests, it was driven by ideology, not by economic science. And when they started looking at the net trade benefits, they are miniscule. "
" One of the arguments I make for the failure of the euro is that, at the time it was being constructed, there was a 'neo-liberal' ideology which said that all we need to do to make this thing work is to get deficits low, keep inflation low, and take down barriers, and then everything would be fine. "
" Trump assumed office promising to 'drain the swamp' in Washington, D.C. Instead, the swamp has grown wider and deeper. "
" The Clinton years were not an economic Nirvana; as chairman of the president's Council of Economic Advisers during part of this time, I'm all too aware of mistakes and lost opportunities. "
" The bank bailout should have been more focused on helping small and medium sized banks, on helping homeowners. I think the trade agreements are a disaster. "
" I knew that discrimination existed, even though there were many individuals who were not prejudiced. "
" After the destruction of New Orleans by Hurricane Katrina in 2005, the shutdown of much of New York City by Sandy in 2012, and now the devastation wrought on Texas by Harvey, the U.S. can and should do better. "
" To someone like me, who has watched trade negotiations closely for more than a quarter-century, it is clear that U.S. trade negotiators got most of what they wanted. The problem was with what they wanted. Their agenda was set, behind closed doors, by corporations. "
" To maximise global social welfare, policymakers should strongly encourage the diffusion of knowledge from developed to developing countries. "
" Under the rule of law, if the government wants to prevent firms from outsourcing and offshoring, it enacts legislation and adopts regulations to create the appropriate incentives and discourage undesirable behaviour. It does not bully or threaten particular firms or portray traumatised refugees as a security threat. "
" Growth is not an objective in itself; we should be concerned with standards of living. "
" While it was an experiment to bring them together, nothing has divided Europe as much as the euro. "
" China, with its large emerging middle class, is among the big beneficiaries of globalization. "
" When you have a highly divided society, it's hard to come together to make investments in the common good. "
" Free migration within Europe means that countries that have done a better job at reducing unemployment will predictably end up with more than their fair share of refugees. Workers in these countries bear the cost in depressed wages and higher unemployment, while employers benefit from cheaper labor. "
" Those who have contributed great positive innovations to our society, from the pioneers of genetic understanding to the pioneers of the Information Age, have received a pittance compared with those responsible for the financial innovations that brought our global economy to the brink of ruin. "
" My teachers helped guide and motivate me; but the responsibility of learning was left with me, an approach to learning which was later reinforced by my experiences at Amherst. "
" But while I loved all of these courses, there was an irresistible attraction of economics. "
" Amherst is a liberal arts college, committed to providing students with a broad education. "
" Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently. "
" Europe can't rely on a Trump-led U.S. for its defence. But, at the same time, it should recognise that the cold war is over - however unwilling to acknowledge it America's industrial-military complex may be. "
" The reality is that what we did in 2010 with the Dodd-Frank wasn't enough. "
" Trump has been criticized by mainstream Republicans for not really being one of them. But he is definitely one of them when it comes to the central palliative for any ill befalling the country: a tax cut for the rich. "
" As I noted in my Nobel lecture, an early insight in my work on the economics of information concerned the problem of appropriability - the difficulty that those who pay for information have in getting returns. "
" Climate change poses an existential threat to the planet that is no less dire than that posed by North Korea's nuclear ambitions. "
" Tax policy should reflect a country's values and address its problems. "
" Negative interest rates hurt banks' balance sheets, with the 'wealth effect' on banks overwhelming the small increase in incentives to lend. "
" When markets fail, as they often do, collective action becomes imperative. "