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Economic Quotes

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Economic Quotes

“This is the first time in the history of mankind that we are setting ourselves the task of intentionally, within a defined period of time to change the economic development model that has been reigning for at least 150 years, since the industrial revolution. That will not happen overnight and it will not happen at a single conference on climate change, be it COP 15, 21, 40 - you choose the number. It just does not occur like that. It is a process, because of the depth of the transformation.”

“I think everyone's dream is to be an actress, but I never really thought it was going to happen. Now that it's happening, it's incredible. I do a lot of other things, too. I'm not stuck in this little world. I'm aware that we're in the middle of an economic crisis in the U.S. There's a lot going on in the world, and I'm really happy and excited about what I have and I don't take it for granted. I'm pretty lucky.”

“After any disturbance (such as two world wars coinciding with a period of growing economic and monetary incomprehensibility) we find our old concepts inadequate and look for new ones. But it unfortunately happens that the troubled times which produce an appetite for new ideas are the least propitious for clear thinking.”

“War is a culture, bellicosity is addictive, defeat for a community that imagines itself to be history's eternal victim can be as intoxicating as victory. How long will it take for the Serbs to realize that the Milosevic years have been an unmitigated disaster for Serbia, the net result of Milosevic's policies being the economic and cultural ruin of the entire region, including Serbia, for several generations? Alas, one thing we can be sure of, that will not happen soon.”

“[American] conformism might approximate collectivism, not so much in economic respects, and not too much in political respects, but very much in the pattern of daily life and thought. Whether this will happen or not, and if it does to what degree, is partly dependent on the power of resistance in those who represent the opposite pole of the courage to be, the courage to be as oneself.”

“We cannot continue to have an excellence gap with the rest of the world and intend to remain the [economic superpower] and [military superpower] of the planet. That's just not going to happen. We're in a position where unless we take action, we'll end up being the [France] of the 21st century: a lot of talk, but not a lot of strength behind it in terms of economic capability.”

“Our approach to existential risks cannot be one of trial-and-error. There is no opportunity to learn from errors. The reactive approach - see what happens, limit damages, and learn from experience - is unworkable. Rather, we must take a proactive approach. This requires foresight to anticipate new types of threats and a willingness to take decisive preventive action and to bear the costs (moral and economic) of such actions.”

“China reformed its state sector before, in the late 1990s. Tens of millions were laid off at the time. That was scary and we had warnings of social unrest. But it did not happen. Instead, there was a restructuring in our economic system. I am not sure if China will follow a Western playbook in this respect.”

“For decades, I thought that scientific truth, solid economic case studies, and common sense were enough to bring about change on the environmental front. After all, the data is so compelling! I thought that if people just understood the severity of today's environmental threats and knew about available solutions, those solutions would happen. Not so.”

“There God tells us exactly what is going to happen and scripture tells us that there is going to come a world leader who will initially bring overtures of peace. He will help the Jewish people rebuild their temple in Jerusalem. He will have a new economic system where you don't buy or sell without his mark. Initially, for some, it will look like a good deal because there will be peace, as I said.”