A Quote by Lewis M. Branscomb

An exploration of the challenges Korea faces in transforming its economy from a government-directed, low-cost producer to an innovative world economic power based on its own scientific and technological development.

Lewis M. Branscomb

Quote Topics

Based Challenges Cost Development Directed Economic Economic Power Economy Exploration Faces Government Innovative Korea Low Low-Cost Own Power Producer Scientific Technological Technological Development Transforming World

Quote Author

Lewis M. Branscomb
American - Physicist
Born: August 17, 1926

Americans are better off in a dynamic, free-enterprise-based economy that fosters economic growth, opportunity and upward mobility instead of a stagnant, government-directed economy that stifles job creation and fosters government dependency.

Paul Ryan

If we are to remain preeminent in transforming knowledge into economic value, America's system of higher education must remain the world's leader in generating scientific and technological breakthrough, and in meeting the challenge to educate workers.

Alan Greenspan

Only by transforming our own economy to one of peace can we make possible economic democracy in the Third World or our own country. The present economy generates wars to protect its profits and its short-term interests, while squandering the future. Unless we transform the economy, we cannot end war.

Starhawk

I am baffled by many Western politicians who continually blame low-cost imported goods for their own economic challenges.

Dinesh Paliwal

As far as the U.S. economy is concerned, I always believe that the U.S. economy is solidly based, not only in a material sense, but more importantly, the United States has the strength of scientific and technological talent, and managerial expertise.

Wen Jiabao

Space exploration has taken a tremendous technological leap. India as a developing nation has been recognized globally for how it has economized its missions, which have been comparatively low-cost compared with other countries.

Rakesh Sharma

Civil servants are fully aware of the challenges the British economy faces. They are, after all, working tirelessly and professionally to support the coalition government through the current challenges, every day, and in every part of Britain.

Gus O'Donnell

In the coming era of manned space exploration by the private sector, market forces will spur development and yield new, low-cost space technologies. If the history of private aviation is any guide, private development efforts will be safer, too.

Burt Rutan

It's clear that there has to be some play between the vitality of invention in economic life and some regulation of it, and in some ways the great ideological wars of the 20th century that cost so many lives had to do with whether to have managed economies directed by government or economies directed by the free movement of capital, which is only partially subject to government regulation.

Robert Hass

Whether you're dealing with your allies in Europe or you're dealing with a resurgent Russia, whether you're dealing with Iran or North Korea, you have to use the whole panoply of national tools of power to deal with the challenges the world faces.

Sebastian Gorka

While many people overseas envy Korea's development, it is true that society has many problems such as economic polarization and a low birthrate.

Chey Tae-won

A strategy is something like, an innovative new product; globalization, taking your products around the world; be the low-cost producer. A strategy is something you can touch; you can motivate people with; be number one and number two in every business. You can energize people around the message.

Jack Welch

I think the regime in North Korea is more fragile than people think. The country's economic system remains desperate, and one thing that could happen for example would be under a new government in South Korea, to get the South Korean government to live up to its own constitution, which says any Korean who makes it to South Korea, is a Korean citizen. A citizen of the Republic of Korea. And you could imagine the impact that would have inside North Korea if people thought, "If I could get out and make it to South Korea, I could have a different life."

John Bolton

Low inflation and government prudence may be harmful for economic development.

Ha-Joon Chang

For any young democracy, the most difficult but important step is burying the legacy of tyranny and establishing an economy and a government and institutions that abide by the rule of law. Every country faces challenges to the rule of law, including my own.