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Quote by Larry McMurtry

“I don't do well with changes in my routine. I read at least three newspapers a day, for example. I'm frustrated if for some reason I can't get ahold of all three.”

Quote by Larry McMurtry

Author

American novelist known for his profound portrayal of life in the American Southwest. His works, including 'Lolita' and 'The Lonesome Dove', have won numerous Pulitzer Prizes. more

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“China's productive system draws upon the other East Asian countries to a great extent. The volume of trade is much larger than the net amount being exported from China. China needs substantial reserves to finance all that.”

Needs Country Amount Draws Trade China East Finance Productive Reserves Volume Asian Asian Countries

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“If the US government spends 40 percent of the nation's income, as it does through either borrowing or taxes, that income is not available for people to spend. The deficit is an indirect method of taxation. Of course, politicians prefer to borrow instead of tax because then someone down the road has to deal with the consequences.”

People Ifs Doe Government Courses Nations Deals Politician Taxes Percent Consequence Method Available Income Taxation Deficit Down The Road Borrowing Indirect

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“The same thing will happen in China that happened in Chile. Political freedom will ultimately break out of its shackles. Tiananmen Square was only the first episode. It is headed for a series of Tiananmen Squares. It cannot continue to develop privately and at the same time maintain its authoritarian character politically. It is headed for a clash. Sooner or later, one or the other will give.”

Giving Firsts Character Happens Political Break Happened Series China Squares Episodes Sooner Or Later Clash Break Out Shackles Chile Political Freedom Tiananmen Square

Author:Milton Friedman

“If China don't free up the political side, its economic growth will come to an end - while it is still at a very low level.”

Ifs Stills Ends Political Sides Growth Levels Economic Lows China Economic Growth Low Level

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“Personal freedom has grown greatly within China, and that will provoke ever more points of conflict between the individual and state.”

States Individual Conflict China Provoking Personal Freedom

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“Hong Kong is the bellwether. If the Chinese stick to their agreement to let Hong Kong go its own path, then China will also go that way. If they don't, that is a very bad sign. I'm optimistic.”

Ifs Way Path Sticks China Optimistic Chinese Agreement Hong Kong

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“The Internet moves us closer to "perfect information" on markets. Individuals and companies alike can buy and sell across borders and jurisdictions wherever they find the best match of supply and demand.”

Moving Individual Perfect Company Information Internet Demand Sells Borders Jurisdiction Supply And Demand

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“Undoubtedly Internet has reduced the possibilities of taxation. Why should I buy something here if I can buy it from a company in Japan or England or Brazil with a lower tax?”

Ifs Should I Can Company Possibility Internet Taxes England Japan Should I Taxation Brazil

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“The Internet is the most effective instrument we have for globalization.”

Internet Instruments Globalization

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“Socialism, in the traditional sense, meant government ownership and operation of the means of production. Outside of North Korea and a couple of other spots, no one in the world today would define socialism that way. That will never come back.”

World Way Mean Government Today Couple Productions Socialism Traditional Spots Operations Ownership Korea North Korea World Today

Author:Milton Friedman