A Quote by Edmund Phelps
An economy open to new concepts and novel ventures is bound to generate unequal gains.
Related Quotes
The tax on capital gains directly affects investment decisions, the mobility and flow of risk capital... the ease or difficulty experienced by new ventures in obtaining capital, and thereby the strength and potential for growth in the economy.
The tax on capital gains directly affects investment decisions, the mobility and flow of risk capital from static to more dynamic situations, the ease or difficulty experienced by new ventures in obtaining capital, and thereby the strength and potential for growth of the economy.
If there is such a thing as saintly renunciation, it is renouncing small gains for better gains; not for no gains, but seeing with open eyes what is better and what is inferior. Even if the choice has to lie between two momentary gains, one of these would always be found to be more real and lasting; that is the one that should be followed for the time.
Well, certainly the Democrats have been arguing to raise the capital gains tax on all Americans. Obama says he wants to do that. That would slow down economic growth. It's not necessarily helpful to the economy. Every time we've cut the capital gains tax, the economy has grown. Whenever we raise the capital gains tax, it's been damaged.
The sure ways to create new ventures of discovery are to keep an open mind.
When you tax capital gains income, you don't help the economy, you hurt the economy, which is why President Kennedy, President Reagan, President Clinton and President Bush all believed we should have a lower rate for capital gains.
The various roles we incorporate into the criminal justice system as well as the ways in which we construe such roles, lend themselves to the kind of ethical reflection that is open to us all. That said, once we have determined roles and their contours, those who act within them may have special duties and privileges that others may lack. Specific roles may generate ethical inquiries with novel forms, just as new technologies may push us in new directions.
By decarbonizing the global economy and limiting climate change, world leaders can unleash a wave of innovation, support the emergence of new industries and jobs, and generate vast economic opportunities.
Every time we've cut the capital gains tax, the economy has grown. Whenever we raise the capital gains tax, it's been damaged. It's one of those taxes that most clearly damages economic growth and jobs.
Expertise and judgment in the art of lending for novel ventures must be reacquired.
Indian economy is suffering from policy paralysis and lack of optimism. I am confident that with right kind of decisions, we can once again generate hope and confidence and turnaround our economy.
Globalization can be very unjust and unfair and unequal, but these are matters under our control. It?s not that we don?t need the market economy. We need it. But the market economy should not have priority or dominance over other institutions.
My advice for girls who are waiting for their Prince Charming is to be open for anything. Be open to new experiences, be open to the idea that it may take longer than you want, but if you're open to meeting new people and new adventures, then love will come along.
Science emerges from the other progressive activities of man to the extent that new concepts arise from experiments and observations, and that the new concepts in turn lead to further experiments and observations.
Technological transformations give you the chance to set up new and ambitious ventures. That's what I did with FastWeb and that is what we are doing with Babelgum. This is much more than TV because we are making the content available all across the world and you have an open platform with freedom of choice.
If large numbers of people believe they have no shot at a better life in the future, they will work less hard and generate fewer new ideas and businesses. The economy, as a whole, will be poorer.
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