A Quote by Edmund Phelps
I don't think the economy telegraphs very clearly where it's going.
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The gleam in their eyes telegraphs only too clearly that they are hoping for a headline, which of course means something disparaging, because nothing makes such good copy as a feud.
If you're very clearly good or you're very clearly bad, then there isn't that much internal dilemma going on, and that's not necessarily as interesting to play.
Well, I think the president has clearly submitted us a tight budget, but it's what's called for if we're going to get spending under control and keep the economy moving in the right direction, with economic growth and job creation activity.
I think what grows the economy is when you get that tax credit that we put in place for your kids going to college. I think that grows the economy. I think what grows the economy is when we make sure small businesses are getting a tax credit for hiring veterans who fought for our country. That grows our economy.
China is growing very quickly and is clearly becoming an important player in the world economy.
Fundamentally, as human beings, we're very, very alike and a lot more alike than we think, but we have a tendency to divide the world into them and us. In prison, when people commit a crime and we put them away, they definitely become "them." We don't want to deal with it because they have chosen to step out of society, so we're going to keep them out. Even if they serve their time, we're going to make sure that, for the rest of their lives, they're going to be branded. I don't know how to do it in a different way, but I think it clearly doesn't work.
I think the work on tax reform, the work that's being done on regulatory reform is very important. And just having a seat at the table, I think, is so important for business today as we think about what's going to benefit the economy of this country, how we're going to create great manufacturing jobs.
You’re going to have some very amazing capabilities in the economy. When we have computers that can do more and more jobs, it’s going to change how we think about work. There’s no way around that. You can’t wish it away.
I can remember very clearly sitting in a little room in my apartment going, 'You know what, Jace? I think it's time to go back to university.'
Yes, I think India's economy always has been a mixed economy, and by Western standards we are much more of a market economy than a public sector-driven economy.
I think you can take the recent war in Lebanon as a very good example of how this plays. The Americans and their allies clearly stood back - clearly in the eyes of Muslims - and basically said to the Israelis, "Do what you need to do, and we'll hold the ring for you and not call a cease-fire." That perception in the Muslim world very much played to the anti-American sentiment.
In the 'Nike Economy,' there are no standards, no borders and no rules. Clearly, the global economy isn't working for workers in China and Indonesia and Burma any more than it is for workers here in the United States.
I think this is a moment of a lot of possibilities, and openings. Occupy and the 99% movement are really going to break through, and we are going to create a new economy, an economy that we need that works for everyone. Where everyone works, everyone counts and everyone contributes.
If the Chinese economy can be opened so that currencies are convertible, Chinese tourists can take money and go see the world. Chinese businessmen can go and buy property in the U.S. and France and every place. All of a sudden, it's just going to be a blossoming global economy. I think it's going to be good for everybody.
Clearly, we are very, very concerned about the situation, for instance, that has been going on in Gaza.
When you put in place regulations that are so burdensome, so tough, so much so that they cripple your economy, we then don't have the resources to invest in technologies that are going to make that difference, because it's just going to shut everything down. That's not going to help us as an economy.
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