A Quote by Evan Davis
Although being economics editor sounds impressive, it does not mean I actually edit anything. It mainly reflects two decades of title-inflation at the BBC, which has given ever more status to senior reporters, presumably because it is cheaper to do that than to offer higher pay.
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The idea that when people see prices falling they will stop buying those cheaper goods or cheaper food does not make much sense. And aiming for 2 percent inflation every year means that after a decade prices are more than 25 percent higher and the price level doubles every generation. That is not price stability, yet they call it price stability. I just do not understand central banks wanting a little inflation.
When a business or an individual spends more than it makes, it goes bankrupt. When government does it, it sends you the bill. And when government does it for 40 years, the bill comes in two ways: higher taxes and inflation. Make no mistake about it, inflation is a tax and not by accident.
Because food and energy prices are volatile, it is often helpful to look at inflation excluding those two categories - known as core inflation - which is typically a better indicator of future overall inflation than recent readings of headline inflation.
Before I wrote my first novel, 'The Expats,' I spent nearly two decades at various arms of publishing houses such as Random House, Workman, and HarperCollins, mostly as an acquisitions editor. But a more accurate title for that job might be rejection editor: while I acquired maybe a dozen projects per year, I'd reject hundreds upon hundreds.
All I can do is advocate changes at the BBC while respecting editorial independence upon which the success of the BBC rests. I can't do anything that requires the BBC to pay certain people certain amounts.
Just because a woman is over 50 does not mean she no longer has anything to offer. If anything, we have so much more to offer! We have lived life, we get better with age. I do my best work now in my 60s. Sure, I could retire; but what would I do? Play Bingo? I think not!
As you become more proficient, fewer people can offer you advice, although in truth, that's when you need it the most because the stakes just keep getting higher and higher.
When I edit the poems - and I do edit, which some people don't mean when they use the term "stream of consciousness" - I'm usually editing toward greater accuracy, which sometimes means more fragmentation, because that is the way I think.
The proponents of UFOs offer up impressive quantities of principally eyewitness data, which although largely subjective and circumstantial in nature, is nevertheless quite intriguing.... Many of the high-quality sighting reports involve certain objective aspects, which, to an open-minded bystander, are quite impressive.
Americans of all ages are earning less than they did two decades ago when adjusted for inflation. Yet they’re paying more in taxes.
The nuclear approach I'm involved in is called a traveling-wave reactor, which uses waste uranium for fuel. There's a lot of things that have to go right for that dream to come true - many decades of building demo plants, proving the economics are right. But if it does, you could have cheaper energy with no CO2 emissions.
The left hates capitalism, not because of freedom and liberty - although they do. But the primary they hate capitalism is that it is the most efficient engine to create wealth for the greatest number of people in a society that has ever been devised. Nobody's ever claimed it's perfect. Nobody's ever said it's flawless. But it's better than anything else out there, particularly anything left has to offer.
It's simply cheaper to operate the business offshore than it is domestically because of the tax rate, 35%, which is higher than anywhere else in the industrialized world. And one of the things the Trump team says they're gonna do is lower that to 15%. And if they do, folks, you haven't seen anything yet. If they succeed in that - and you watch.
It is astonishing to think that millions of people in my time—now, too, I suppose—actually thought that at a given moment in history two human beings had evolved to a higher state than that of all the gods that ever were or ever will be. This is titanism, as the Greeks would say. This is madness.
Government schools can go for decades delivering low-quality services, and what's the result? The people who manage it earn higher pay. It's nearly impossible to fire the incompetents. And, taxpayers, who support the service, are given higher tax bills.
Although Caterpillar has fought vigorously against writing guaranteed pay increases into its contracts - and won, every time - it does offer market-based wage increases. It has also given quarterly bonuses to workers.
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