A Quote by Barbara Tuchman
Policy is formed by preconceptions, by long implanted biases. When information is relayed to policy-makers, they respond in terms of what is already inside their heads and consequently make policy less to fit the facts than to fit the notions and intentions formed out of the mental baggage that has accumulated in their minds since childhood.
Related Quotes
We need to keep in mind the well-established fact that the full effects of monetary policy are felt only after long lags. This means that policy makers cannot wait until they have achieved their objectives to begin adjusting policy.
The problem is the policy makers don't have practitioners in the policy team. You won't make an IT policy without consulting a Narayan Murthy or Nandan Nilekani. But for energy, people think they know everything and they know what to do for it. That's how the policies are created in Delhi and that needs to change.
Watch out Mr. Bush! With the exception of economic policy and energy policy and social issues and tax policy and foreign policy and supreme court appointments and Rove-style politics, we're coming in there to shake things up!
China is attempting the death-defying feat, which no one has attempted in the history of the world, which is to move a billion people out of poverty. When I speak to Chinese policy-makers, the thing that annoys them the most about Western policy-makers is that they're not given any credit for anything.
We want the facts to fit the preconceptions. When they don't it is easier to ignore the facts than to change the preconceptions.
Fiscal policy is a very important part of the tool kit for policy makers.
For policy makers interested in using tax policy to stimulate investments or especially to smooth business cycle fluctuations, the results are not promising.
In 1977, when I started my first job at the Federal Reserve Board as a staff economist in the Division of International Finance, it was an article of faith in central banking that secrecy about monetary policy decisions was the best policy: Central banks, as a rule, did not discuss these decisions, let alone their future policy intentions.
Monetary policy has less room to maneuver when interest rates are close to zero, while expansionary fiscal policy is likely both more effective and less costly in terms of increased debt burden when interest rates are pinned at low levels.
Bush promised a foreign policy of humility and a domestic policy of compassion. He has given us a foreign policy of arrogance and a domestic policy that is cynical, myopic and cruel.
The policy that received more attention particularly in the past decade and a half or so has been the US cocaine policy, the differential treatment of crack versus powder cocaine and question is how my research impacted my view on policy. Clearly that policy is not based on the weight of the scientific evidence. That is when the policy was implemented, the concern about crack cocaine was so great that something had to be done and congress acted in the only way they knew how, they passed policy and that's what a responsible society should do.
Foreign policy is inseparable from domestic policy now. Is terrorism foreign policy or domestic policy? It's both. It's the same with crime, with the economy, climate change.
What you do on immigration policy, what you do on education policy, what you do on tax, regulatory, and energy policy, all connects together - and will be based on a simple determination about what will make life better in America for American citizens.
Criticism of a policy is welcome. But in the garb of criticizing a policy, if you allege that the policy was made for corrupt purposes, I reject it.
We need to have a clear moral vision for both our foreign policy, and economic policy and policy on racial justice.
A research division develops marketing material for its deal makers. We have no policy position. If you have a policy position you can't possibly forecast.
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