A Quote by Arthur Melvin Okun
The market, if it can be kept honest and competitive, does provide very strong incentives for work effort and productive contributions. In their absence, society would thrash about for alternative incentives-some unreliable, like altruism; some perilous like collective loyalty; some intolerable, like coercion or oppression.
Related Quotes
Some like them hot,some like them cold. Some like them when they're not to darn old Some like them fat,some like them lean. Some like them only at sweet sixteen. Some like them dark,some like them light. Some like them in the park,late at night. Some like them fickle,some like them true, But the time I like them is when they're like you
All human interaction, you can break it down to incentives. All relationships, at some level, are transactional. They're fascinated with incentives.
There is a sense in which, like, it could be the case that the incentives of running for president and the incentives of getting maximum attention for yourself, sometimes align, and at a certain point, they stop aligning, and you just keep going with the incentives for maximum attention for yourself.
There are some songs where you're like, 'I really like this song,' and it just didn't work out how you thought it would. That's life. You win some, you lose some. You can't dwell on it. I can't be worried about the past.
I believe in market economics. But to paraphrase Churchill - who said this about democracy and political regimes - a market economy might be the worst economic regime available, apart from the alternatives. I believe that people react to incentives, that incentives matter, and that prices reflect the way things should be allocated. But I also believe that market economies sometimes have market failures, and when these occur, there's a role for prudential - not excessive - regulation of the financial system.
You form pretty strong opinions about the guys you compete against. You're all very competitive; you're all very selfish. So it's easy to drum up some strong opinions in a second's notice, like, 'Argh! This guy!'
It's very difficult, I would imagine, to distinguish father and daughter. And maybe some of it comes as I'm doing my thing and my father being a very strong political African figure for so many years. Whatever he does is almost like some kind of cloud on top.
Every human being in this world is interested in certain things. Everybody has a hobby. Some people like art; I know nothing about it. Some people like books, some people like fishing, some people like music. I like to look at cars.
Books are like people. Some look deceptively attractive from a distance, some deceptively unappealing; some are easy company, some demand hard work that isn’t guaranteed to pay off. Some become friends and say friends for life. Some change in our absence - or perhaps it is we who change in theirs - and we meet up again only to find that we don’t get along any more.
Positive market incentives operating in the public interest are too few and far between, and are also up against a seemingly never-ending expansion of perverse incentives and lobbying.
Sometimes I'm just a little bit too honest. There was some things that were going on behind the scenes that I didn't like because it's not what hip-hop is about. Hip-hop is about honesty and it's about being real to the people, and I kinda felt like there's some instances where some artists aren't 100% honest with the people. Their integrity is lacking sometimes. And sometimes it comes out.
Language is never fully trustworthy, but when it comes to eating animals, words are as often used to misdirect and camouflage as they are to communicate. Some words, like veal, help us forget what we are actually talking about. Some, like free-range, can mislead those whose consciences seek clarification. Some, like happy, mean the opposite of what they would seem. And some, like natural, mean next to nothing.
Some people work to have a weekend and so on the weekend they genuinely don't think about anything apart from the fact that they're on their weekend. Some people are like that so maybe some people would be like, "Yeah that'd be great. Take away my anxiety and give me a nice lounge chair." But I would be so not interested in that.
I have a very strong political outlook, and that is something I'd like to take more responsibility for in my life. I don't believe in utilising certain aspects of the power I have with celebrity to push that forward, but I would like to make some films that address some of those political issues.
Everyone has their own taste: some like theatre, some don't, some like opera, some don't, some like pantomimes, and some don't.
Very difficult to understand American audience, what they like, what they don't like. Some movie I like very much, it doesn't work. Some movie I don't like, it gets big box office. Very difficult.
Related Authors
Adam Smith Quotes
Scottish
Economist
Alan Greenspan Quotes
American
Economist
Benjamin Graham Quotes
American
Economist
Friedrich August von Hayek Quotes
Austrian
Economist
John Kenneth Galbraith Quotes
American
Economist
John Maynard Keynes Quotes
English
Economist
Joseph Stiglitz Quotes
American
Economist
Ludwig von Mises Quotes
Austrian
Economist
Milton Friedman Quotes
American
Economist
Muhammad Yunus Quotes
Bangladeshi
Economist
Murray Rothbard Quotes
American
Economist
Paul Krugman Quotes
American
Economist
Richard Thaler Quotes
American
Economist
Robert Reich Quotes
American
Economist
Thomas Sowell Quotes
American
Economist
Walter E. Williams Quotes
American
Economist