A Quote by Bob Frank

In the long run, greater investment would mean greater productivity and income growth. — © Bob Frank
In the long run, greater investment would mean greater productivity and income growth.
My advice would be, as you consider fiscal policies, to keep in mind and look carefully at the impact those policies are likely to have on the economy's productive capacity, on productivity growth, and to the maximum extent possible, choose policies that would improve that long-run growth and productivity outlook.
Stronger productivity growth would tend to raise the average level of interest rates and, therefore, would provide the Federal Reserve with greater scope to ease monetary policy in the event of a recession.
Smart vacations lead to greater happiness and energy at work and, therefore, greater productivity, intelligence, and resilience.
As long as I can remember I feel I have had this great creative and spiritual force within me that is greater than faith, greater than ambition, greater than confidence, greater than determination, greater than vision. It is all these combined. My brain becomes magnetized with this dominating force which I hold in my hand.
The economy has become seriously unbalanced. Its growth has not been driven by investment or by overcoming Britain's long-standing weaknesses in investment and productivity, particularly skills. Instead, there has been a binge of debt-financed consumer spending.
The risk of an investment is described by both the probability and the potential amount of loss. The risk of an investment-the probability of an adverse outcome-is partly inherent in its very nature. A dollar spent on biotechnology research is a riskier investment than a dollar used to purchase utility equipment. The former has both a greater probability of loss and a greater percentage of the investment at stake.
In economies with excess productive capacity, targeted investment can yield a double benefit, generating short-run demand and boosting growth and productivity thereafter.
Be patient with yourself. Self-growth is tender; it's holy ground. There's no greater investment.
Less cars on the road means productivity and jobs growth, as it allows for the more efficient movement of goods and services and encourages greater urban population density.
Work is transformative. It gives you a greater chance of a greater income. You can affect your life while you're of working age, so you have scope and opportunity. Pensioners do not.
Seen in retrospect, evolution as a whole doubtless had a general direction, from simple to complex, from dependence on to relative independence of the environment, to greater and greater autonomy of individuals, greater and greater development of sense organs and nervous systems conveying and processing information about the state of the organism's surroundings, and finally greater and greater consciousness. You can call this direction progress or by some other name.
I do know middle age can bring greater depth, greater wisdom, greater capacity for love, greater capacity for relationship, greater consciousness and desire to serve and awareness of the fate of mankind - all these wonderful things, yes. And I know I'm getting there.
For every challenge we face - unemployment, poverty, crime, income growth, income inequality, productivity, competitiveness - a great education is a major component of the solution.
It comforts me to think that if we are created beings, the thing that created us would have to be greater than us, so much greater, in fact, that we would not be able to understand it. It would have to be greater than the facts of our reality, and so it would seem to us, looking out from within our reality that it would contradict reason. But reason itself would suggest it would have to be greater than reality, or it would not be reasonable.
Without productivity gains, any growth in GDP is exactly offset by population growth, and the average income stays the same.
Growth is a substitute for equality of income. So long as there is growth there is hope, and that makes large income differentials tolerable.
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