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Quote by Evan Mecham

“I'll hire blacks as long as they can do the cotton-pickin' job.”

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Evan Mecham, born on May 12, 1924, and died on February 21, 2008, was a former Governor of Arizona, United States. His political career was marked by a series of controversial events. more

“We did not think about the personal nature of killing in the air. We were proud of every victory in the air, and particularly happy that we had not been hit ourselves. Of course, I tell myself in quiet moments today: 'You've killed. In order to protect others and not be killed yourself.' But in the end: for what? The Third Reich trained 30,000 pilots. Ten thousand survived the war. One-third. This is the highest loss rate along with the U-boat sailors.”

Thinking War Ends Moments Today Order Courses Loss Air Proud Victory Thousand Quiet Protect Ten Highest Thirds Killing Rate Boat Pilots Survived Sailor Quiet Moments

Author:Gunther Rall

“Production for the sake of production - the obsession with the rate of growth, whether in the capitalist market or in planned economies - leads to monstrous absurdities. The only acceptable finality of human activity is the production of a subjectivity that is auto-enriching its relation to the world in a continuous fashion.”

Source: Chaosmosis: An Ethico-aesthetic Paradigm

“Unless we understand what it is that leads to economic and financial instability, we cannot prescribe -- make policy -- to modify or eliminate it. Identifying a phenomenon is not enough; we need a theory that makes instability a normal result in our economy and gives us handles to control it.”

Needs Giving Enough Results Economy Economic Policy Theory Normal Financial Handle Phenomenon Identifying Instability

Book:Stabilizing an Unstable Economy, Part 3 - Economic Theory

Source: Stabilizing an Unstable Economy, Part 3 - Economic Theory

“Success breeds a disregard of the possibility of failure.”

Possibility Disregard

Book:Stabilizing an Unstable Economy

Source: Stabilizing an Unstable Economy

“In a world of businessmen and financial intermediaries who aggressively seek profit, innovators will always outpace regulators; the authorities cannot prevent changes in the structure of portfolios from occurring. What they can do is keep the asset-equity ratio of banks within bounds by setting equity-absorption ratios for various types of assets. If the authorities constrain banks and are aware of the activities of fringe banks and other financial institutions, they are in a better position to attenuate the disruptive expansionary tendencies of our economy.”

Quote by Evan Mecham

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