A Quote by Edmund Phelps

Narrow banks could restart effective intermediation and ensure that consumers and employment-creating small and medium-size enterprises are adequately financed and can contribute to the reactivation of the economy.

Edmund Phelps

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Banks Consumers Contribute Could Creating Economy Effective Employment Ensure Enterprises Medium Narrow Size Small

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Edmund Phelps
American - Economist
Born: July 26, 1933

First, we will focus on the privatization of small and medium sized enterprises, followed by the medium size industry and then we will move on to the heavy industry.

Ibrahim Rugova

In Globalization 1.0, which began around 1492, the world went from size large to size medium. In Globalization 2.0, the era that introduced us to multinational companies, it went from size medium to size small. And then around 2000 came Globalization 3.0, in which the world went from being small to tiny.

Thomas Friedman

I am committed to strengthening our agricultural economy by protecting the unique interests of small and medium size family farms so that they can continue to operate.

Sue Kelly

We should redefine the metric for effective lending, viz., prioritise loans to enterprises, which will generate more employment.

Urjit Patel

One nation banking recognises that banks must not be isolated from the rest of the economy. Because banks and small businesses must succeed or fail together, banks must lend to small businesses so we can get the growth and jobs we need for the future. As things stand, that is not happening enough. Lending was down £10.8billion last year.

Ed Miliband

The key function of banks is money creation, not intermediation.

Michael Kumhof

In the eighties and nineties, the innovation agenda was exclusively focused on enterprises. There was a time in which economic and social issues were seen as separate. Economy was producing wealth, society was spending. In the 21st century economy, this is not true anymore. Sectors like health, social services and education have a tendency to grow, in GDP percentage as well as in creating employment, whereas other industries are decreasing. In the long term, an innovation in social services or education will be as important as an innovation in the pharmaceutical or aerospatial industry.

Diogo Vasconcelos

Small banks that lend to consumers are fine.

Michael Hudson

Banks should contribute to the real economy, make a positive contribution to economic growth.

Jeroen Dijsselbloem

Co-operative enterprises provide the organisational means whereby a significant proportion of humanity is able to take into its own hands the tasks of creating productive employment, overcoming poverty and achieving social integration.

Boutros Boutros-Ghali

Candidly, when you go back to '07 or '08, it was hard to sell cloud. We started out by focusing on large enterprises on day one. Everybody thought cloud was for SMBs (small and mid-size businesses), but we made the leap that it was going to be for large enterprises, that they were going to replace their core systems.

Aneel Bhusri

I'm not interested in, you know, turning the clock back or pointing fingers, but I am interested in trying to figure out how we come together to chart a better way forward and one that will restore confidence in, you know, small and medium-size businesses and consumers and begin to chip away at the unemployment rate.

Hillary Clinton

It is inherent in the nature of the capitalistic economy that, in the final analysis, the employment of the factors of production is aimed only toward serving the wishes of consumers.

Ludwig von Mises

Whether the medium is ready for consumers is better judged by those consumers. I sometimes read online - but not often. The stigma is attached to pay scales. Much online publication is no pay or small pay.

Gene Wolfe

We should change the current economic system dominated by big business groups to a one where small and medium-sized enterprises develop together.

Park Geun-hye

I believe many people - especially small- and medium-sized enterprises across the European Union - are disenchanted with Europe because we haven't delivered the goods.

Frans Timmermans

A Quote by Edmund Phelps

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