A Quote by Baron de Montesquieu
For a country, everything will be lost when the jobs of an economist and a banker become highly respected professions.
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When you are influential and highly respected, people tend to tell you what you want to hear, not what you need to hear. They are seeking your approval, or they flatter you. Unfortunately, this creates a gap between what you hear and reality. If you find yourself in that situation, you will need to work extra hard to get the people close to you to speak honestly into your life. And you will have to become highly intentional in observing and listening.
The economy is very sick. We're losing our jobs to China to Japan to every country. We're making horrible trade deals. We are losing jobs in this country. Hundreds and hundreds of thousands of jobs are being lost. And part of the reason is our taxes are so high in this country. I'm also cutting, you know they don't talk about that.
I wasn't on the board of Lehman Brothers. I was a banker, and I was proud of it and I traveled the country and learned how people make jobs.
Respectability in this country was a bad word because people did things who were in respected professions that let down the entire nation, and we're washing away their sins yet.
In addition to replacing many jobs, automation will also transform other jobs. Professions involving high touch, personal relationships - such as clergy, dentists, and financial advisors, for instance - face the least risk of automation but will nevertheless be profoundly transformed.
There is one great advantage to being an academic economist in France: here, economists are not highly respected in the academic and intellectual world or by political and financial elites. Hence they must set aside their contempt for other disciplines and their absurd claim to greater scientific legitimacy, despite the fact that they know almost nothing about anything.
There are only two ways to have a middle class in your country: either you have highly skilled manufacturing jobs, or you have a highly skilled, well trained, knowledge-based workforce. In other words, college.
If people are highly successful in their professions they lose their sense. Sight goes. They have no time to look at pictures. Sound goes. They have no time to listen to music. Speech goes. They have no time for conversation. Humanity goes. Money making becomes so important that they must work by night as well as by day. Health goes. And so competitive do they become that they will not share their work with others though they have more themselves. What then remains of a human being who has lost sight, sound, and sense of proportion? Only a cripple in a cave.
To be sure, technology will change what we do. Tasks that are highly manual, routine, and predictable will be automated. But jobs are made up of many tasks. So the nature of existing jobs will change, and new careers will be created.
Over the years, many in the public have become numb to news of financial corruption, partly because too many of these stories involve banker-on-banker crime.
It was a nice experience to shoot on the streets of New York. Tourists are highly respected there and people are highly disciplined and polite.
Bringing jobs back to Michigan and Ohio and Pennsylvania and all the places that have lost their jobs. That's already happening. I think you're gonna see tremendous job growth in this country.
We are in really bad shape as a country. We are not respected around the world. We are not respected in our own country.
France and Germany have to send a strong signal to the Commission that we need to negotiate a pragmatic and sensible outcome that protects jobs on both sides of the Channel because, for every job lost in the U.K., there will be jobs lost in Europe as well if Brexit goes wrong.
One independent expert - actually, the economist who advised John McCain in 2008, so, you know, not somebody that has any predisposition toward our side - but this economist did a study. He said under [Donald] Trump's economic plans, we would lose in America 3 and a half million jobs.
The bad economist sees only what immediately strikes the eye; the good economist also looks beyond. The bad economist sees only the direct consequences of a proposed course; the good economist looks also at the longer and indirect consequences. The bad economists sees only what the effect of a given policy has been or will be on one particular group; the good economist inquires also what the effect of the policy will be on all groups
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