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Events Quotes

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Events Quotes

“But would the young do any better under the same circumstances? Will they do any better when their turns come? The answer is that youth would not and cannot, given the financial and economic framework within which the elders are operating. While the moral convictions of individuals are important in the long run, it is institutions that determine the immediate course of events - particularly the institutions of finance.”

Source: Two-factor Theory: the Economics of Reality; how to Turn Eighty Million Workers Into Capitalists on Borrowed Money, and Other Proposals

“Extreme weather events continue to grow more frequent and intense in rich and poor countries alike, not only devastating lives, but also infrastructure, institutions, and budgets - an unholy brew which can create dangerous security vacuums.”

Country Grows Poor Rich Security Dangerous Events Institutions Climate Change Extremes Intense Weather Budgets Infrastructure Vacuums Rich And Poor Poor Countries Extreme Weather

Author:Ban Ki-moon

“The French under the old monarchy held it for a maxim that the king could do no wrong . The Americans entertain the same opinion with respect to the majority.... If ever the free institutions of America are destroyed, that event may be attributed to the omnipotence of the majority.”

Ifs May America Opinion Events Kings Institutions Majority Destroyed Maxims Monarchy Omnipotence

Author:Alexis de Tocqueville

“[In the event of war, Americans would] resort for repose and security to institutions which have a tendency to destroy their civil and political rights. To be more safe they, at length, become willing to run the risk of being less free.”

War Running Political Rights Risk Security Events Willing Safe Institutions Tendencies Length Resorts Repose Political Rights Security And Liberty

Book:The Federalist Papers and the Constitution of the United States: The Principles of the American Government

Source: The Federalist Papers and the Constitution of the United States: The Principles of the American Government

“If the country is to survive as a democracy it will depend on voters who understand how our political institutions have evolved and the events that went into their creation. A nation's sense of its history is indistinguishable from its social cohesion.”

Ifs Country Political Nations Social Democracy Events Creation Depends Institutions Voters Cohesion Political Institutions

Author:Alan Bullock

“The government-sponsored institution Fannie Mae, when I look at its risks, seems to be sitting on a barrel of dynamite, vulnerable to the slightest hiccup. But not to worry: their large staff of scientists deemed these events "unlikely."”

Looks Seems Government Worry Risk Events Sitting Scientist Institutions Vulnerable Staff Unlikely Barrels Dynamite Mae Hiccups

Author:Nassim Nicholas Taleb