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" Stock prices relative to company assets are no better at signaling the likelihood of future earnings growth than they were the day the Titanic sank, and risk management is a good deal worse. "
Timothy Noah
Day
Future
Good
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" I won't dispute that bankers' privileged treatment in the 2008 crash merits populist scorn. But unfortunately, without a bank bailout, there probably would have been a worldwide depression. "
Timothy Noah
Crash
Been
Bank
" Creativity seldom thrives in an atmosphere of great discipline or scrutiny. That's one reason we tend not to want our leaders to get too creative. "
Timothy Noah
Great
Discipline
Creativity
" The intriguing aspect of food charges on airlines is that they create the perfect laboratory for any economist who wishes to study the question of how to price a good that possesses, by universal consensus, absolutely no objective value. "
Timothy Noah
Perfect
Food
Good
" You know what isn't class warfare? Progressive taxation, as in, say, expecting billionaires to pay at least as much in taxes as their secretaries. Ideally, in fact, they should pay more. "
Timothy Noah
You
Taxes
Say
" The United States is not, nor has ever been, anything close to a fascist country. "
Timothy Noah
United States
Anything
Country
" Is class snobbery a social reality in the United States? Absolutely, and the kind that's codified by meritocracy is probably more toxic than the old-fashioned kind based on bloodlines. "
Timothy Noah
More
Than
Toxic
" Why does Medicare have such difficulty accommodating a cut - no, wait, a trim to its annual spending increase - of two measly percentage points? Two words: baby boom. "
Timothy Noah
Two
Baby
Difficulty
" Cable television and the Internet have created an unending demand for information, and there simply isn't enough truth to go around. "
Timothy Noah
Truth
Go
Enough
" The Supreme Court needs jurists, not politicians. "
Timothy Noah
Court
Needs
Politicians
" Whatever the reason, American Muslims appear far less inclined to support the global jihad than their European counterparts. "
Timothy Noah
American
Whatever
Support
" Being superintendent or the superintendent's chief of staff is important work, but there's no chance it's as difficult as being a teacher, and I hesitate to say that it's as important. "
Timothy Noah
Work
Teacher
Say
" The worst an ex-con is likely to do if given the right to vote is vote for a Democrat. "
Timothy Noah
Worst
Vote
Right
" Health care probably contributes a lot more to the common wealth than finance. "
Timothy Noah
More
Health
Finance
" Within the narrow confines of Permanent Washington - the journalists, lobbyists, and congressional lifers who are the city's avatars of centrism and continuity - Ford is considered the beau ideal of American leadership. "
Timothy Noah
Washington
City
American
" Republican presidents talk about freedom. Democratic presidents talk about equality. "
Timothy Noah
Equality
Freedom
Talk
" Politicians have such large egos that it usually takes them an inordinately long time to grasp when they've become a pathetic joke. "
Timothy Noah
Long Time
Joke
Time
" The pathological degree to which former Vice President Dick Cheney operated in secrecy led to government abuses that we'll probably spend years learning about. "
Timothy Noah
Years
Degree
Government
" I'm all for lifting the payroll-tax cap, if only to make payroll taxes a little less regressive. "
Timothy Noah
Taxes
Only
Little
" What I've learned, and will try to remember from now on, is that defending your country's credibility is never sufficient reason to fight a war. "
Timothy Noah
Country
Remember
Fight
" The House of Representatives eliminated the filibuster way back in the 19th century, and somehow it managed to survive. "
Timothy Noah
House
Survive
Way
" In removing the friction involved in paying bills, electronic billing has substantially increased the friction involved in not paying them. "
Timothy Noah
Electronic
Involved
Friction
" The embourgeoisement of China's proletariat may be the inevitable result of its industrialization, but 'inevitable' isn't the same as 'speedy.' "
Timothy Noah
Inevitable
Same
Result
" Success is a wonderful thing, but it tends not to be the sort of experience that we learn from. We enjoy it; perhaps we even deserve it. But we don't acquire wisdom from it. "
Timothy Noah
Success
Wisdom
Enjoy
" The liberation of Iraq, which is already hard to justify from the perspective of American interests, at least had the virtue of freeing Iraqis from a brutal dictator. Despite all the anarchy and violence, life has gotten better for most Iraqis. "
Timothy Noah
Violence
Perspective
American
" Romney has become reluctant to say that human activity causes global warming, and even in his greener days he was always somewhat cagey about which remedies he'd support. "
Timothy Noah
Always
Global Warming
Support
" A thriving middle class is a necessary precondition for a free representative government. "
Timothy Noah
Class
Free
Middle
" We all need to save money to send our kids to college, to buy our first house, and to retire. But the truth is that most of us don't save very much. "
Timothy Noah
Money
Need
College
" The Pentagon got fed up with its recruits getting ripped off by payday lenders and in 2007 got Congress to make it illegal to extend such loans to members of the military. But civilians remain fair game. "
Timothy Noah
Congress
Off
Military
" Moderates tend more than ideologues to be other-directed types who respond to external pressure. "
Timothy Noah
Respond
More
Pressure
" Being a teacher is back-breakingly difficult work. It is also extremely important work. "
Timothy Noah
Important
Work
Difficult