A Quote by Angus Deaton
Like many in academia and in the development industry, I am among globalization's greatest beneficiaries - those who are able to sell our services in markets that are larger and richer than our parents could have dreamed of.
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I suggest that this is a good time to think soberly about our responsibilities to our descendents - those who will ring out the Fossil Fuel Age. Our greatest responsibility, as parents and as citizens, is to give America's youngsters the best possible education. We need the best teachers and enough of them to prepare our young people for a future immeasurably more complex than the present, and calling for ever larger numbers of competent and highly trained men and women.
China, with its large emerging middle class, is among the big beneficiaries of globalization.
We have ... dreamed so much and observed so little, that our imaginations have grown larger than the world we live in, and our judgments have dwindled down to a point.
How is it that the poets have said so many fine things about our first love, so few about our later love? Are their first poems their best? or are not those the best which come from their fuller thought, their larger experience, their deeper-rooted affections? The boy's flute-like voice has its own spring charm; but the man should yield a richer, deeper music.
Modern cosmetic surgeons have a direct financial interest in a social role for women that requires them to feel ugly. They do not simply advertise for a share of a market that already exists: Their advertisements create new markets. It is a boom industry because it is influentially placed to create its own demand through the pairing of text with ads in women's magazines. The industry takes out ads and gets coverage; women get cut open. They pay their money and they takes their chances. As surgeons grow richer, they are able to command larger and brighter ad spaces.
This is the moment when we must build on the wealth that open markets have created, and share its benefits more equitably. Trade has been a cornerstone of our growth and global development. But we will not be able to sustain this growth if it favors the few, and not the many.
People talked about being a parent, or being a mother or a father. We don't talk about "wiving" our husbands or "friending" our friends, or "childing" our parents. We just talk about being in a relationship with those people. You don't measure whether your marriage was good based on whether or not your husband is better now than he was 10 years ago, or whether your friend is richer than when they first became your friend. The relationships between parents and children is a kind of love, rather than a kind of work.
We live in an age of music for people who don't like music. The record industry discovered some time ago that there aren't that many people who actually like music. For a lot of people, music's annoying, or at the very least they don't need it. They discovered if they could sell music to a lot of those people, they could sell a lot more records.
When we think of globalization we are thinking in part of structures and institutions that have been developed over time and that have allowed us to become more interdependent and interrelated. But the development, the extraordinary development, of those structures and institutions has not fundamentally transformed our humanity. We are still those animals with fears and anxieties and insecurities in the face of death and dread and disappointment and disease.
A more just world is possible. In most of the global issues, and also in so many of the development issues I'm involved in in our region, the young people that I am working with are seizing the tools at their disposal and trying to use them well, for issues far larger than their immediate personal benefit and concerns. That's what gives me hope.
Because it is only my brother and I who know what it is like to walk in the shadow and fill the shoes of larger-than-life parents. And I am biased, but even so, it is true - he does it with the kind of grace a lesser man wouldn't be able to.
There is one tradition in America I am proud to inherit. It is our first freedom and the truest expression of our Americanism: the ability to dissent without fear. It is our right to utter the words, 'I disagree.' We must feel at liberty to speak those words to our neighbors, our clergy, our educators, our news media, our lawmakers and, above all, to the one among us we elect - President.
How can our industry better represent the reality of our larger community and provide our next generation a proper example of what they see around them every single day? This representation should also look beyond race and include those of all body types, religion, sexuality, and gender identification.
I'm confident UTC could outperform in all of our markets, starting with our commercial businesses. The largest opportunities for our commercial businesses are in emerging markets, and we're very well positioned there.
I am in a traditional financial services business - but we at Fidelity can see that the evolution of technology is setting our industry up for disruption. What if this technology could do for the transfer of value what the Internet did for the transfer of information?
Greatest risk is not development of new product, but development of customers and markets
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