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Economy Quotes

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Economy Quotes

“I believe we can do much more to adapt to the structural changes in the global economy, get high-end manufacturing back here, set up clusters of economic activity where you have, among other things, continuous retraining of people well into their middle years so they never become irrelevant to the current job market.”

“When I am working on a problem, I never think about beauty but when I have finished, if the solution is not beautiful, I know it is wrong.”

“Price fixing does not represent simply windfall gains and losses to particular groups according to whether the price happens to be set higher or lower than it would be otherwise. It represents a net lose to the economy as a whole to the extent that many transactions do not take place at all, because the mutually acceptable possibilities have been reduced.”

“There are many reasons for keeping a diary: to make a note of facts that one considers important; to open one's heart, to give vent to one's feelings, to make confessions; from the instinct of economy which sometimes encourages a writer to make good use of even the smallest crumbs of his life, so that he may have one more book to publish; or again from vanity and self- satisfaction.”

“Progress never defines its ultimate objective but thrusts its victims at once into an infinite series,' Mr. [John Crowe] Ransom said' 'Industrialism,' he declared, 'is rightfully a menial, of almost miraculous cunning, but no intelligence; it needs to be strongly governed, or it will destroy the economy of the household. Only a community of tough conservative habit can master it.”

“Please, accept the most sincere words of sympathy over the natural disaster that affected the United States . I know that hurricane Katrina that hit the US south-western coast led to casualties, left homeless dozens of thousands of US citizens and inflicted a strong damage to the economy of this region. I ask you to convey my condolences to the next of kin of those killed,.”

“If we're talking about buying exchanges abroad, we have to have global securities standards, as we have global banking regulations. I'm talking about margins. Now, the United States has certain margin requirements that are not the same in London. Investors and hedge funds that want to borrow more money against securities ? if they can't in the U.S., they go abroad. That could add additional risks to the global economy.”