“When all of your decisions are based on economics, you end up with a sameness of vision. You're not taking the risks, you're not exploiting the passions of your creators. You're manufacturing product for a huge vending machine.” EndsPassionDecisionVisionRiskProductsHugeEconomicsMachinesCreatorManufacturingSamenessVending Machines Author:Steven Bochco
“We can't constantly explain to our voters that taxpayers have to be on the hook for certain risks, rather than those who make a lot of money taking those risks.” CertainMoneyResponsibilityRiskEconomicsVotersLots Of MoneyHookTaxationTaxpayers Author:Angela Merkel
“Most people have an aversion to risk, my college economics professor told me. Which means they have to be rewarded to take on that risk. The higher the risk, the higher the possible payout has to be for people to jump.” PeopleMeanRiskCollegeHigherEconomicsProfessorsAversion Author:Michael Arrington
“As the worldly philosophers of the past affirmed, the goal of economics is to improve the way society functions. In The New Financial Order, Robert Shiller joins this proud tradition by directing his brilliant economic skills toward the creation of financial institutions designed to reduce the risks an unknown future visits on most members of our society and others. Shiller's imaginative and compelling analysis will appeal to all readers who share his passion for initiating not only a richer, but a better, century.” WayPastOrderPassionGoalRiskShareEconomicCenturyCreationReaderProudSkillsMembersEconomicsTraditionFunctionInstitutionsFinancialPhilosopherBrilliantAppealsAnalysisOur SocietyCompellingWorldlyImaginativeFinancial InstitutionsUnknown Future Author:Peter L. Bernstein
“It is way less certain to be a wonderful business in the future. The threat is alternative mediums of information. Every newspaper is scrambling to parlay their existing advantage into dominance on the Internet. But it is way less sure [that this will occur] than the certainty 20 years ago that the basic business would grow steadily, so there's more downside risk. The perfectly fabulous economics of this business could become grievously impaired.” WayYearsCertainGrowsWonderfulRiskInformationInternetAdvantageYears AgoEconomicsThreatNewspapersMediumsCertaintyAlternativesFabulousDominance Author:Charlie Munger
“To be brutally honest, it's simple economics. If they want to come into cycling, sponsors need to know the team they are funding is clean, otherwise the risk is just too great.” IfsKnowsWantNeedsSimpleRiskTeamHonestEconomicsCleanFundingCyclingSponsorsBrutally Honest Author:David Millar
“If you are not willing to risk the unusual, you will have to settle for the ordinary.” IfsInspirationalMotivationalSuccessChanceBusinessSuccessfulRiskGreatnessWillingOrdinaryEconomicsManagementEntrepreneurPersonal DevelopmentEntrepreneurshipSettlingSelf MotivationUnusualUsualSuccessful PeopleSuccess In LifeExceptionalLife Is ShortChances AreStay PositiveGreat SuccessSelf EducationTaking RisksRisk ItRisk-takingMotivational BusinessMotivational SuccessSuccesInspirational SuccessBest SuccessNetwork MarketingGreat RiskFormal EducationInspirational Success FailureWill To SucceedOrdinarinessMotivational ActionEntrepreneur MotivationalRisk And FailureFear Of SuccessCool MotivationalFormula For SuccessMlmChance And RiskReaching SuccessRisks And Taking ChancesNot SettlingTowards SuccessFeeling StuckMotivation And ChangeAll Time BestGreat RewardRisk And SuccessPersonal MotivationChasing SuccessPushing OnRisk And RewardAwesome MotivationalChance And Change Author:Jim Rohn
“It's unwise to pay too much, but it's worse to pay too little. When you pay too much, you lose a little money - that's all. When you pay too little, you sometimes lose everything, because the thing you bought was incapable of doing the thing it was bought to do. The common law of business balance prohibits paying a little and getting a lot - it can't be done. If you deal with the lowest bidder, it is well to add something for the risk you run, and if you do that you will have enough to pay for something better.” IfsWellsLittlesSometimesDoneEnoughMotivationalRunningLawLosesDealsCommonBusinessPayToo MuchRiskBalanceEconomicsAddIncapableLowestSomething BetterMotivational BusinessUnwiseLittle MoneyCommon Law Author:John Ruskin
“Public education is the key civil rights issue of the 21st century. Our nation's knowledge-based economy demands that we provide young people from all backgrounds and circumstances with the education and skills necessary to become knowledge workers. If we don't, we run the risk of creating an even larger gap between the middle class and the poor. This gap threatens our democracy, our society and the economic future of America.” PeopleIfsRunningAmericaYoungNationsWorkPoorClassPovertyEconomyDemocracyIssuesRightsRiskEconomicMiddleCenturyKeysCircumstancesSkillsDemandCreatingEconomicsWorkersBackgroundsCivil RightsMiddle ClassOur SocietyGaps21st CenturyPublic EducationFuture Of AmericaKnowledge Workers Author:Eli Broad
“RE: GSEs like Freddie Mac & Fannie Mae: "creditors will continue to underprice the risk-taking of these financial institutions, overfund them, and fail to provide effective market discipline Facing prices that are too low, systemically important firms will take on too much risk."” ImportantPhilosophyPoliticalToo MuchFailingRiskDisciplineLowsEconomicsInstitutionsFinancialFirmMacsRisk-takingCreditorsFinancial InstitutionsMae Author:Gary H. Stern
“By creating the European Central Bank, the member states exposed their own government bonds to the risk of default. Developed countries that issue bonds in their own currency never default, because they can always print money. Their currency may depreciate, but the risk of default is absent.” MayCountryStatesGovernmentEconomyIssuesRiskMembersCreatingEconomicsPrintExposedCurrencyAbsentDefaultCentral BanksDeveloped CountryDepreciate Author:George Soros
“Africa's risks are mainly perceived and not real. Unfortunately for us in Africa we are not really very good at telling our own story. But things are changing and people are beginning to understand that things are going very, very well.” PeopleWellsRealStoriesRiskEconomicsVery Good Author:Aliko Dangote
“Business is the force of change. Business is essential to solving the climate crisis, because this is what business is best at: innovating, changing, addressing risks, searching for opportunities. There is no more vital task” OpportunityForceBusinessRiskEssentialsEconomicsTasksManagementCrisisClimate Author:Richard Branson
“Investors want to know how exposed a business is to climate change. The physical risks to Tesco are clear, but could be far-reaching. Freak weather in the past few months has disrupted our supply lines in Hungary, Bangladesh and Korea. Any responsible board of directors should be planning ahead, thinking through these risks, and presenting them in a clear, transparent way” ThinkingKnowsWayWantShouldPastLinesBusinessKnow HowClearRiskMonthsDirectorsEconomicsResponsibleManagementClimateClimate ChangePlanningWeatherBoardsReachingInvestorsExposedFreakKoreaTransparentPresentingBangladeshBoard Of DirectorsHungaryPlanning AheadTesco Author:Terry Leahy
“The biblical lifestyle is always a witness of resistance to the status quo in politics, economics, and all society. It is a witness of resurrection from death. Paradoxically, those who embark on the biblical witness constantly risk death - through execution, exile, imprisonment, persecution, defamation, or harassment - at the behest of the rulers of this age. Yet those who do not resist the rulers of the present darkness are consigned to a moral death, the death of their humanness. That, of all the ways of dying, is the most ignominious.” WayAgeMoralDarknessRiskDyingEconomicsLifestyleResistanceWitnessResurrectionRulersExecutionBiblicalPersecutionStatus QuoExileHarassmentImprisonmentHumannessDefamation Author:William Stringfellow