“The business of a Political Economist is neither to recommend nor to dissuade, but to state general principles, which it is fatal to neglect, but neither advisable, nor perhaps practicable, to use as the sole, or even the principal, guides in the actual conduct of affairs.” StatesUsePoliticalPrinciplesAffairGuidesNeglectSolePrincipalEconomistAdvisable Book:Political Economy Source: Political Economy
“A nickname a man may chance to wear out; but a system of calumnity, pursued by a faction, may descend even to posterity. This principal has taken full effect on this state favorite.” MenMayStatesChanceTakenEffectsPrincipalPosterityPursuedFactionsNicknamesCalumny Author:Isaac D'Israeli
“With 28 million children eating lunch at school every day in the United States, I believe government has an obligation to ensure parents have some peace of mind when they send their children off to school in the morning, .. Since children are particularly vulnerable to foodborne illness, schools must be vigilant in their efforts to ensure that cafeterias are not putting children at risk. These changes in law will support parents who want to work with school principals and food-service directors to ensure a safe environment.” WantMindBelieveChildrenStatesGovernmentSchoolLawI BelieveParentUnitedEffortMorningMillionsUnited StatesSupportEnvironmentRiskDirectorsSafeEatingIllnessObligationVulnerablePeace Of MindLunchPrincipalIn-lawsVigilantCafeteriaSafe EnvironmentFood ServiceSchool PrincipalEating Lunch Author:Rosa DeLauro
“nation state as a fundamental unit of man's organized life has ceased to be the principal creative force: International banks and multinational corporations are acting and planning in terms that are far in advance of the political concepts of the nation-state.” MenStatesPoliticalForceNationsTermActingCreativeConceptsFundamentalsInternationalPlanningCorporationsOrganizedPrincipalUnitsMultinationalsMultinational CorporationsOrganized Life Author:Zbigniew Brzezinski
“All the alleged key causes of SOE [State-Owned Enterprise] inefficiency - the principal-agent problem, the free-rider problem and the soft budget constraint - are, while real, not unique to state-owned enterprises. Large private-sector firms with dispersed ownership also suffer from the principal-agent problem and the free-rider problem. So, in these two areas, forms of ownership do matter, but the critical divide is not between state and private ownership - it is between concentrated and dispersed ownerships.” TwoRealMatterStatesProblemFormSufferingCausesKeysUniqueAreasCriticalAgentsBudgetsFirmEnterpriseDividesOwnershipPrincipalConstraintsRidersPrivate SectorInefficiency Author:Ha-Joon Chang