A Quote by Ben Bernanke

Over the years, the U.S. economy has shown a remarkable ability to absorb shocks of all kinds, to recover, and to continue to grow. Flexible and efficient markets for labor and capital, an entrepreneurial tradition, and a general willingness to tolerate and even embrace technological and economic change all contribute to this resiliency.

Ben Bernanke

Quote Topics

Ability Absorb All Kinds Capital Change Continue Contribute Economic Economic Change Economy Efficient Efficient Markets Embrace Entrepreneurial Even Flexible General Grow Kinds Labor Labor And Capital Markets Over Recover Remarkable Resiliency Shown Technological Tolerate Tradition Willingness Years

Quote Author

Ben Bernanke
American - Public Servant
Born: December 13, 1953

Over the years, the U.S. economy has shown a remarkable ability to absorb shocks of all kinds, to recover, and to continue to grow.

Ben Bernanke

What about precarious labor? It's actually not the most efficient form of labor at all. They were much more efficient when they had loyalty to their workers and people were allowed to be creative and contribute - you know that what precarious labor does is that it's the best weapon ever made to depoliticize labor. They're always putting the political in front of the economic.

David Graeber

I'd love if people relearned the lessons of the 20th century all over again. Which is to say this country progressed economically and socially when we had a better balance between capital and labor. Neither capital or labor won every argument. The battle between the two created economic tension, and transformed the working class into the middle class, and grew the economy.

David Simon

The ability to change one's mind is probably a key characteristic of the successful investor. Dogmatic and rigid personalities rarely, if ever, succeed in the markets. The markets are a dynamic process, and sustained investment success requires the ability to modify and even change strategies as markets evolve.

Jack D. Schwager

In a world of global trade and integrated capital markets, it is natural for economic and financial shocks and policy actions to be transmitted across borders.

Jerome Powell

I have great, great confidence in our capital markets and in our financial institutions. Our financial institutions, banks and investment banks, are strong. Our capital markets are resilient. They're efficient. They're flexible.

Henry Paulson

We have the most flexible and adaptive economy. Making sure we sustain the ability of the American economy to perform well is really the priority of economic policy.

John W. Snow

Prospects for growth in the year ahead are solid at the national level, and of course, this can only be good news for the Bay Area and California as well. The U. S. economy has shown remarkable resilience in the face of some severe shocks - in particular, the surge in energy prices that began a couple of years ago and the devastation wrought by the twin hurricanes last summer.

Janet Yellen

Is the investment community critical to our economic success? Yes. Free markets, innovation, access to credit, venture capital, and strong labor rights - these have been the underpinnings of our economic vitality, from laying railways to broadband lines.

Reshma Saujani

From my earliest acquaintance with the science of political economy, it has been evident to my mind that capital was the product of labor, and that therefore, in its best analysis there could be no natural conflict between capital and labor.

Leland Stanford

Globalisation, technological change, and the move to flexible labour markets has channelled more and more income to rentiers - those owning financial, physical, or so-called intellectual property - while real wages stagnate.

Guy Standing

Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration.

Abraham Lincoln

For a long time, early industrializing countries were absorptive. They were endlessly able to absorb new labor inputs to keep expanding. This was both an economics and a worldview. Here in the United States, we have the Statue of Liberty sitting in the harbor in New York, which says in huge letters, We stand for absorptive capital. A poetic version: "Give me your tired, your poor, your huddled masses." But what it means is, Come here, we'll absorb you. We absorb these inputs and add them to our growing economy, and we manage this with liberal democracy.

Joshua Clover

America's unique ability to change and be super flexible is pretty dope, man. It's pretty incredible. And that's what I want to contribute to.

Hasan Minhaj

There's no question that California, in the last three or four years, has been privileged to add disproportionately to the economic growth of America, and to contribute to its technological productivity.

Gray Davis

The financial doctrines so zealously followed by American companies might help optimize capital when it is scarce. But capital is abundant. If we are to see our economy really grow, we need to encourage migratory capital to become productive capital - capital invested for the long-term in empowering innovations.

Clayton M. Christensen

A Quote by Ben Bernanke

Quote Topics

Quote Author

Related Quotes

Related Authors