“Access to a secure, safe and sufficient source of fresh water is a fundamental requirement for the survival, well-being and socio-economic development of all humanity. Yet, we continue to act as if fresh water were a perpetually abundant resource. It is not.” IfsWellsHumanityWaterEconomicSourceDevelopmentSafeSurvivalResourcesFundamentalsAccessSecureWell BeingSufficientRequirementsEconomic DevelopmentFresh Water Author:Kofi Annan
“Roughly 1 in 6 Americans have Irish blood. I'd say it's probably safe to assume that the average Irish-American who only comes out on St. Patrick's Day has no idea of the sort of economic powerhouse Ireland has become.” IdeasBloodEconomicSafeAssumingAverageNo IdeaIrelandSt PatrickSt Patrick's Day Author:Scott McClellan
“Beware leverage in all its forms. Borrowers - individual, corporate, or government - should always match fund their liabilities against the duration of their assets. Borrowers must always remember that capital markets can be extremely fickle, and that it is never safe to assume a maturing loan can be rolled over. Even if you are unleveraged, the leverage employed by others can drive dramatic price and valuation swings; sudden unavailability of leverage in the economy may trigger an economic downturn.” IfsShouldMayGovernmentRememberFormIndividualEconomyEconomicSafeAssumingCorporateDramaticFundMatureAssetsSwingsEmployedLoanTriggersDurationFickleLiabilityValuationDownturnBorrowersEconomic Downturn Author:Seth Klarman
“My belief in free competitive economic enterprise does not rest solely or even mainly on arguments of economic efficiency, though, heaven knows, these are cogent enough. It rests essentially on the view that the free market is the only safe way of ensuring that productive effort is directed towards supplying what individuals actually want, and in a way which secures the dignity and independence of the worker.” KnowsWayWantDoeEnoughIndividualBeliefHeavenViewsEffortEconomicSafeArgumentDignityIndependenceWorkersEnterpriseProductiveEfficiencyFree MarketEconomic Efficiency Author:Margaret Thatcher
“If a legislator is safe from competition, or if he represents groups with the same economic and political beliefs, he does not have to change his ideas or respond to the needs of the broader population. He can rest content with a mediocre, absentee performance knowing he will be returned to office. And as he is returned year after year the seniority system gives him immense control over people from other parts of the country whose views he need not heed at all.” PeopleIfsNeedsGivingYearsDoeIdeasCountryPoliticalBeliefViewsKnowingGroupsEconomicSafeOfficePerformancesCompetitionPopulationImmenseMediocreHeedLegislatorsPolitical BeliefsSeniority Book:Decisions for a Decade: Policies and Programs for the 1970s Source: Decisions for a Decade: Policies and Programs for the 1970s
“I feel really passionately about safe, comfortable roads, crosswalks, and sidewalks. Everyone of all economic backgrounds should be able to get to school or the grocery store safely and efficiently so they can live better lives.” FeelsShouldAbleSchoolEconomicSafeComfortableStoresBackgroundsBetter LifeGroceriesSidewalkGrocery Stores Author:Ben Sollee
“I think people are listening to our message of securing the homeland first, keeping the American people safe and improving our economic situation. I think those things are being received well, and we're moving forward here.” PeopleThinkingFirstsWellsMovingSituationEconomicListeningSafeMessagesMoving ForwardImprovingHomeland Author:Chris Christie