“When you look at the world, everyone in the world who cares about his or her family wants to have a major portion of their assets in the United States because we are the growth country and the freedom loving country.” WorldWantLooksCountryStatesCareGrowthUnitedUnited StatesMajorsAssetsPortionsWho Cares Author:Arthur Laffer
“We adopted a focused strategy of core businesses in Citicorp that play to our unique historic strengths as a global bank that will provide strong growth and attractive returns over the long-term... And we've identified non-core assets we have shed.” LongPlayStrongGrowthTermReturnUniqueStrategyFocusedCoreAttractiveLong TermAssetsShedAdoptedHistoric Author:Michael Corbat
“The growth of entrepreneurial classes throughout the world is an asset in the promotion of human rights and individual liberty, and it should be understood and used as such. Yet peace is the first and most important condition for continued prosperity and freedom. America's military power must be secure because the United States is the only guarantor of global peace and stability. The current neglect of America's armed forces threatens its ability to maintain peace.” WorldShouldFirstsHumansImportantStatesAmericaUsedIndividualForceGrowthAbilityUnitedLibertyClassUnited StatesRightsConditionsMilitaryUnderstoodHuman RightsCurrentsProsperitySecureNeglectAssetsStabilityPromotionEntrepreneurialArmed ForcesIndividual LibertyMilitary PowerGlobal Peace Author:Condoleezza Rice
“There is a religious principle: Love thy neighbour as thyself. But it's also an economic asset. If you've got a neighbour, you've got help, and this implies another limit. If you want to have neighbours, you can't have a limitless growth economy. You have to prefer to have a neighbour rather than to own your neighbour farm.” IfsWantHelpingGrowthReligiousPrinciplesEconomyEconomicLimitsAssetsFarmsLimitlessThyselfNeighbour Author:Wendell Berry
“The goal of long-run economic growth without asset price bubbles is not only achievable, but is something we should expect if we put a sound regulatory framework in place and if policymakers remain vigilant.” IfsShouldLongRunningSoundGoalGrowthEconomicAssetsBubblesLong RunsFrameworkEconomic GrowthVigilant Author:Christina Romer
“Capital investment in fixed assets that produce real goods is the actual driver of long term economic growth, and until slick financiers hijacked the country with 'new economy' mumbo-jumbo based on computer models and hype most Americans understood this.” LongRealCountryGrowthTermEconomyEconomicProduceComputerModelsUnderstoodInvestmentFixedLong TermGoodsDriversAssetsEconomic GrowthHypeSlickFinanciersCapital Investment Author:Richard Karn
“Times of economic crises can change what the competitive landscape looks like, because when, for example, you have boom times, capital is easy to come by, growth is easy, sometimes what you focus on is, you know, how to accelerate in the boom. During economic crises, the question is, the companies that come out of, you know, that are sailing through that with the best liquidity, both assets on the balance sheet, making money, ability to grow their businesses, get a disproportionate competitive advantage.” KnowsLooksSometimesGrowsEasyGrowthAbilityCompanyKnow HowFocusEconomicExampleBalanceAdvantageCrisisMaking MoneyLandscapeAssetsSheetsSailingAccelerateCompetitive AdvantageEconomic CrisisLiquidityBalance Sheets Author:Reid Hoffman
“Initially, QE contributed to a pretty significant increase in inequality. It raised asset prices, which are owned primarily by the wealthy, while having relatively small if any positive impacts on bank lending, employment, wages or economic growth, so ordinary people haven't had much help. By the third round of QE in 2012-2014, the effects had likely muted quite a bit. There were probably not big impacts on asset prices from QE and the positive effects on employment growth might have strengthened somewhat.” PeopleIfsHelpingBigsMightBitsGrowthEconomicEffectsHavensOrdinaryThirdsIncreaseImpactRaisedRoundsSignificantEmploymentInequalityWealthyAssetsWagesOrdinary PeopleEconomic GrowthLendingPositive ImpactHaving StrengthBig Impact Author:Gerald Epstein
“Never walk away from failure. On the contrary, study it carefully and imaginatively for its hidden assets.” SuccessGrowthWalksLearningStudyWalkingCarefulContraryAssets Author:Michael Korda