A Quote by Angus Deaton

Without properly functioning civil courts, there is no guarantee that innovative entrepreneurs can claim the rewards of their ideas. — © Angus Deaton
Without properly functioning civil courts, there is no guarantee that innovative entrepreneurs can claim the rewards of their ideas.
In countries with a properly functioning legal system, the mob continues to exist, but it is rarely called upon to mete out capital punishment. The right to take human life belongs to the state. Not so in societies where weak courts and poor law enforcement are combined with intractable structural injustices.
To claim that the souls of men will be happy or unhappy after the death of the body, is to pretend that man will be able to see without eyes, to hear without ears, to taste without a palate, to smell without a nose, and to feel without hands and without skin. Nations who believe themselves very rational, adopt, nevertheless, such ideas.
One of the main lessons I have learned the last five years as Secretary-General is that the United Nations cannot function properly without the support of the business community and civil society. We need to have tripartite support - the governments, the business communities and the civil society.
The state says: "Well, in order for it to be legitimate civil disobedience, you have to follow these rules." They put us in "free-speech zones"; they say you can only do it at this time, and in this way, and you can't interrupt the functioning of the government. They limit the impact that civil disobedience can achieve. We have to remember that civil disobedience must be disobedience if it's to be effective.
Without the confidence to know our democracy is functioning properly, we risk more disillusionment, more cynicism, and even more public apathy toward the entire system.
To tackle the big and relevant issues of the day with bold and innovative ideas is without question the most rewarding way to serve.
A general charge of crony capitalism is easy to make. But dividing the 'bad' crony capitalists from the 'good' innovative entrepreneurs is much harder to do. And sorting them out without creating a new group of crony capitalists may be the hardest thing of all.
A properly functioning democracy depends on an informed electorate.
The trouble with innovation is that truly innovative ideas often look like bad ideas at the time.
Access to justice is a fundamental part of a properly functioning democracy.
One of the benefits of a properly functioning democracy is minority rights and majority rule.
Scientology is a model control system, a state in fact with its own courts, police, rewards and penalties.
You need to fight cases in the courts, but you certainly cannot rely on the courts, you need to testify in Congress and lobby your Congress person, but you certainly cannot rely on Congress. You need to speak out in the media, but you cannot totally trust the media either. You need to work within the academy because that's an influential opinion body. I think that one of the lessons that people have learned in the civil rights community is that it is generally not enough to focus on litigation in the courts.
Good ideas have no value because the world already has too many of them. The market rewards execution, not ideas.
Entrepreneurs are more likely to be successful if they're able to be present while pitching their ideas. It's about maintaining presence during big challenges - very high stakes moments with some component of social judgment. Everyone has them, whether they're entrepreneurs or not.
It's really important that we have an ecosystem where small innovative entrepreneurs can develop new products and access consumers and have a chance to succeed.
This site uses cookies to ensure you get the best experience. More info...
Got it!