“In the end, all new schools, public or private, snobby or not, add value to the education market, making it bigger and more efficient, in the same way that Zuckerberg added wealth to the economy even for non-Facebook fans.” WayEndsSchoolValuesWealthEconomyFansBiggerAddEfficientZuckerbergSnobby Author:Amity Shlaes
“Students who acquire large debts putting themselves through school are unlikely to think about changing society. When you trap people in a system of debt, they can't afford the time to think. Tuition fee increases are a disciplinary technique, and by the time students graduate, they are not only loaded with debt, but have also internalized the disciplinarian culture. This makes them efficient components of the consumer economy.” PeopleThinkingSchoolCultureEconomyStudentsIncreaseDebtTechniqueConsumersAcquireGraduatesEfficientTrapsComponentsUnlikelyLoadedFeesTime To ThinkTuition Author:Noam Chomsky
“Not surprisingly, extensive effort in Britain and America goes into finding tax shelter. the system is "efficient" for the shelter industry, not for the economy.” AmericaEffortEconomyIndustryTaxesFindingsBritainEfficientShelterBritain And America Book:The Economic Illusion: False Choices Between Prosperity and Social Justice Source: The Economic Illusion: False Choices Between Prosperity and Social Justice
“Economic activity, especially the activity of a market economy, cannot be conducted in an institutional, juridical or political vacuum. On the contrary, it presupposes sure guarantees of individual freedom and private property, as well as a stable currency and efficient public services.” WellsWisdomPoliticalPoliticsIndividualEconomyEconomicActivityPropertyContraryLiberalismGuaranteesEfficientStableCurrencyVacuumsPublic ServicePrivate PropertyMarket EconomyIndividual Freedom Book:The Encyclicals of John Paul II Source: The Encyclicals of John Paul II
“Our mission, as set forth by the Congress is a critical one: to preserve price stability, to foster maximum sustainable growth in output and employment, and to promote a stable and efficient financial system that serves all Americans well and fairly.” WellsGrowthEconomyFinancialCongressMissionsCriticalEmploymentPreservesStabilityEfficientStableMaximumOutputFinancial SystemPrice Stability Author:Ben Bernanke
“During the socialist period, the government became too big. That created a crowding-out effect in the private economy, and it gave everybody the need to pay more taxes in order to finance this big government. We are against big government. We want a smaller and more efficient government.” WantNeedsBigsGovernmentOrderPayEconomyEffectsPeriodsTaxesFinanceEfficientSocialistBig Government Author:Antonis Samaras