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For me, the main principle for broadcasters has to be that if people stand to benefit from an interview, they should be prepared to face some downside as well.
In the period from 1824 to 1833, the tendency was steadily in the former direction, but it was only in the latter part of it that it was made really efficient.
I can assure you that everything I say and do has the complete approval of the Fuehrer and that I would not say or do anything that does not have his approval.
No one can really picture an African as a businessman. In order to change the current situation, it would be helpful if the aid organizations were to pull out.
A pickup in demand in many advanced economies and a stabilization in commodity prices should, in turn, boost the growth prospects of emerging market economies.
What would people think of a tradesman, that was to give a ball in his shop, hire performers, and hand refreshments about, with a view to benefit his business?
There is no name for all who participate in group decision-making or the organization which they form. I propose to call this organization the Technostructure.
It would be just as pointless to oppose the international use of English today as it would have been to oppose the worldwide use of French in the 18th century.
The facts never speak for themselves. They have to be interpreted in terms of some understanding of where they come from and what the relation between them is.
A true patriot does not confuse government with country. A patriot's loyalty is to his country, and loyalty to country requires holding government accountable.
Governments unaccountable to law are tyrannies, whatever they might call themselves, no matter how exceptional and indispensable they declare themselves to be.
The dream of any scholar has, for me, come true by virtue of this award. The Nobel Prizes are justly famous in the hard sciences, in literature, and for peace.
[Lenin] might have become a Maoist in the sense of attacking the party and bombarding the party headquarters out of necessity to change the whole thing around.
Ethical maxims are bandied about as a sort of current coin of discourse, and, being never melted down for use, those that are of base metal are never detected.
By adopting programs to distribute substantial amounts of income, a nation guarantees that its government will become more powerful and invasive in other ways.
Value is consequently the necessary theoretical starting point whence we can elucidate the peculiar phenomenon of prices resulting from capitalist competition.
Just as energy is the basis of life itself, and ideas the source of innovation, so is innovation the vital spark of all human change, improvement and progress.
The left takes its vision seriously - more seriously than it takes the rights of other people. They want to be our shepherds. But that requires us to be sheep.
An e-mail from a reader says that liberals like to take the moral high ground, even though their own moral relativism means that there is no moral high ground.
The only thing better than "hands-on" experience is hands-off experience - enough experience to understand that some things will turn out better if left alone.
People who think that they are being 'exploited' should ask themselves whether they would be missed if they left, or whether people would say: 'Good riddance?'
No matter how worthy the cause, it is robbery, theft, and injustice to confiscate the property of one person and give it to another to whom it does not belong.
The role of liquidity in systemic events provides yet another reason why, in the future, a more system wide or macroprudential approach to regulation is needed.
But a tax on luxuries would no other effect than to raise their price. It would fall wholly on the consumer, and could neither increase wages nor lower profits.
The future will be determined in part by happenings that it is impossible to foresee; it will also be influenced by trends that are now existent and observable.
I do not think it is an exaggeration to say history is largely a history of inflation, usually inflations engineered by governments for the gain of governments.
Unfortunately, a lot of economists wanted to make their subject a science. So the more what you do resembles physics or chemistry, the more credible you become.
Unfortunately, it is not in the power of government to make everyone more prosperous. Government can only raise the income of one person by taking from another.
In 1833, protection was abandoned, and a tariff was established by which it was provided that we should, in a few years, have a system of merely revenue duties.
Thus, our national circulating medium is now at the mercy of loan transactions of banks, which lend, not money, but promises to supply money they do not possess
A nation or an individual, will do wisely to direct consumption chiefly to those articles, that are longest time in wearing out, and the most frequently in use.
Deep down, if we really accept that their lives - African lives - are equal to ours, we would all be doing more to put the fire out. Its an uncomfortable truth.
Never trust an economist with your job. Learn about economics yourself. And make up your own mind about what might protect your job - and what might destroy it.
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.
There are days when the result is so bad that no fewer than five revisions are required. In contrast, when I'm greatly inspired, only four revisions are needed.
Economic theory is the most prestigious subject of instruction and study. Agricultural economics, labor economics and marketing are lower caste fields of study.
Both we and the Soviets face the common threat of nuclear destruction and there is no likelihood that either capitalism or communism will survive a nuclear war.
In a country like Mexico, you can't forget about poverty - about how half of the population lives in poverty, and how half of that half live in extreme poverty.
Israel should share its great wealth with its neighbors, like the Palestinians, in areas like governance and investment as well as the building of institutions.
Capitalism Survive?—I have tried to show that a socialist form of society will inevitably emerge from an equally inevitable decomposition of capitalist society.
For instance, one of the costs of the war is that soldiers today get very seriously injured but stay alive, and we can keep them alive but at an enormous price.
For that to happen, growth has to be very strong. To get back to normalcy, we will have to have extended growth of more than 3 percent. That's not in the cards.
It seems to me that at least as far as the financial markets are concerned, there is increasing evidence against rational expectations, even at the macro level.
The black market was a way of getting around government controls. It was a way of enabling the free market to work. It was a way of opening up, enabling people.
In the US, the problem is primary and secondary education. We've had such an increase in inequality because a quarter of American kids don't finish high school!
Climate change and global poverty are two sides of the same coin. Both challenges must be addressed together. If we fail on one, we will also fail on the other.
Diversify, because that helps reduce risk. And you can diversify outside the United States. Some people would never invest in Europe - I think that's a mistake.
Given the large uncertainties at each major step of the case for reliance on a carbon tax, economists should reconsider their current support for such a policy.
For women the wage gap sets up an infuriating Catch-22 situation. They do the housework because they earn less, and they earn lessbecause they do the housework.
The desire of businessmen for profits is what drives prices down unless forcibly prevented from engaging in price competition, usually by governmental activity.