“In fact, the recent increase in intra-firm trading enables businesses to shift their activities across borders smoothly, thereby strengthening the response of economic activity to exchange rate movements in the long run.” LongFactsRunningEconomicMovementActivityIncreaseResponseRateFirmBordersLong RunsTradingStrengthening Author:Toshihiko Fukui
“Capital, and the question of who owns it and therefore reaps the benefit of its productiveness, is an extremely important issue that is complementary to the issue of full employment... I see these as twin pillars of our economy: Full employment of our labor resources and widespread ownership of our capital resources. Such twin pillars would go a long way in providing a firm underlying support for future economic growth that would be equitably shared.” WayLongImportantWisdomWould BePoliticsGrowthSupportEconomyIssuesEconomicBenefitsResourcesLaborEmploymentFirmLiberalismProvidingOwnershipTwinsLong WayEconomic GrowthReapPillarsImportant IssuesComplementary Author:Hubert H. Humphrey
“To build a twenty-first-century economy, America must revive a nineteenth-century habit--investing in the common, national economic resources that enable every person and every firm to create wealth and value.” FirstsPersonsAmericaValuesWealthCommonEconomyEconomicCenturyHabitResourcesTwentiesInvestingFirmNineteenth CenturyReviveEconomic Resources Author:William J. Clinton
“Will customers keep supporting the enormous overhead required to sustain ineffectual, unproductive stock picking across an array of thousands of individual funds devoted to every investing 'style' and economic sector or regional subgroup that some marketing idiot can dream up? Not likely. A brutal shakeout is coming and one of its revelations will be that stock picking is a grossly overrated piece of the puzzle, that cost control is what distinguishes a competitive firm from an uncompetitive one.” DreamIndividualPiecesEconomicStyleCostInvestingMarketingCustomersEnormousIdiotFirmRevelationsFundDevotedBrutalPuzzlesOverratedOverheadUnproductive Author:Holman W. Jenkins, Jr.
“Not wasting energy. It is the least sexy, but the single most important and always the least expensive. You would be very interested in a report by the McKinsey consulting firm that concluded that 40 percent of everything that we have to do to mitigate our emissions are net economic winners. They are cost effective and the most cost effective is not wasting energy. That's actually going to be the largest part of this whole journey, I believe - using less energy with the same beneficial results.” BelieveImportantWholeWould BeEnergyI BelieveResultsJourneyEconomicCostPercentSexyWinnerFirmExpensiveReportsBeneficialEmissionsConsulting Author:Jay Inslee
“It is my firm belief that it will be in the interests of the United States, especially our economic interests, to pursue comprehensive immigration reform.” StatesBeliefInterestUnitedUnited StatesEconomicImmigrationPursueReformFirmComprehensiveImmigration ReformFirm Beliefs Author:Barack Obama
“We need additional funding for more U.S. combat brigades in Europe. NATO needs to continue to modernize. It is starting to show with the Russians but these exercises are central to show that the alliance is firm, especially as the E.U. starts to have some weakness on the economic front.” NeedsShowsEconomicFrontsExerciseWeaknessEuropeStartingFirmCombatFundingAlliancesNato Author:Michael Leiter