A Quote by Adair Turner, Baron Turner of Ecchinswell

We need to move beyond the demonisation of overpaid traders ... In finance and economics, ill-designed policy is a more powerful force for harm than individual greed or error.

Adair Turner, Baron Turner of Ecchinswell

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Beyond Designed Economics Error Finance Force Greed Harm Ill Individual More More Power Move Need Overpaid Policy Powerful Powerful Force Than Traders

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Adair Turner, Baron Turner of Ecchinswell
British - Author
Born: October 5, 1955

I feel like there's lot of people who know finance and economics better than I do. There are lots of people who are better storytellers than I am. But the space that I occupy of storytelling about finance and economics is - more people want it than can do it.

David Plotz

If civilization is going to survive, business and policy-makers must move on, to find within themselves more developed emotions than fear or greed.

Anita Roddick

There is no other proposition in economics that has more solid empirical evidence supporting it than the Efficient Market Hypothesis... In the literature of finance, accounting, and the economics of uncertainty, the EMH is accepted as a fact of life.

Michael Jensen

I still believe that, in the long run, the aggregate of the decisions of individual businessmen, exercising individual judgment in a free economy, even if often mistaken, is likely to do less harm than the centralized decisions of a Government; and certainly the harm is likely to be counteracted faster. As I said earlier in this debate, our economic medicine may be painful but it is fast and powerful because it can act freely.

John James Cowperthwaite

That survival instinct, that will to live, that need to get back to life again, is more powerful than any consideration of taste, decency, politeness, manners, civility. Anything. It's such a powerful force.

Danny Boyle

One of the things I found is that the things we want to say for well-intentioned motives often cause more harm than good. People don't need our words. They mainly need our presence, they need our love. And if you come in too quickly with explanations, you may do more harm than good.

Philip Yancey

Economics evolved as a more moral and more egalitarian approach to policy than prevailed in its surrounding milieu. Let's cherish and extend that heritage. The real contributions of economics to human welfare might turn out to be very different from what most people - even most economists - expect.

Tyler Cowen

I'm very lucky to be able to work in print and radio. I'm very lucky to be able to work at a time when finance and economics are really important. And the number of people who tell finance and economic stories in a kind of accessible storytelling way, there's much more demand than there is supply.

David Plotz

Since no individual acting separately can lawfully use force to destroy the rights of others, does it not logically follow that the same principle also applies to the common force that is nothing more than the organized combination of the individual forces?

Frederic Bastiat

Recycling is more expensive for communities than it needs to be, partly because traditional recycling tries to force materials into more lifetimes than they are designed for - a complicated and messy conversion, and one that itself expends energy and resources. Very few objects of modern consumption were designed with recycling in mind. If the process is truly to save money and materials, products must be designed from the very beginning to be recycled or even "upcycled" - a term we use to describe the return to industrial systems of materials with improved, rather than degraded, quality.

William McDonough

I think it's fundamentally a good sign that more and more professional traders and market makers are providing liquidity to the whole ecosystem. It allows people to move much larger quantities of digital currency more quickly than they would if that were not the case.

Fred Ehrsam

I haven't seen much correlation between good trading and intelligence. Some outstanding traders are quite intelligent, but a few aren't. Many outstanding intelligent people are horrible traders. Average intelligence is enough. Beyond that, emotional makeup is more important.

William Eckhardt

I think we need to take on the greed of the billionaire class, a disastrous campaign finance system.

Bernie Sanders

Protest is, at its core, designed to move policy.

Joy Reid

Faith can cut in so many ways. If you're penitent and not triumphal, it can move us to repentance and accountability and help us reach for something higher than ourselves. That can be a powerful thing, a thing that moves us beyond politics as usual, like Martin Luther King did. But when it's designed to certify our righteousness - that can be a dangerous thing. Then it pushes self criticism aside. There's no reflection.

Jim Wallis

Individual investors have become far more powerful than anyone gives them credit for. Today, 85 million Americans invest in stocks. Collectively, that kind of buying and selling power can move markets.

Maria Bartiromo

A Quote by Adair Turner, Baron Turner of Ecchinswell

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