A Quote by Graciela Chichilnisky

The new markets that arise from ecological constraints will dominate the 21st century economy, and so will markets for knowledge. — © Graciela Chichilnisky
The new markets that arise from ecological constraints will dominate the 21st century economy, and so will markets for knowledge.
In certain circumstances, financial markets can affect the so-called fundamentals which they are supposed to reflect. When that happens, markets enter into a state of dynamic disequilibrium and behave quite differently from what would be considered normal by the theory of efficient markets. Such boom/bust sequences do not arise very often, but when they do, they can be very disruptive, exactly because they affect the fundamentals of the economy.
In Germany it is good if as many people as possible join initiatives and peaceful demonstrations against the rule of the financial markets. Worshipping the unfettered freedom of global markets has brought the world to the brink of ruin. We now need social and ecological rules for the market economy.
21st century is the century of knowledge and the world has always looked at India whenever knowledge finds prominence. Emergence of knowledge society is no more a slogan but has become a reality. Knowledge will be the fountainhead of all the activities that happen in human development.
Without a doubt, at the end of the day, Neom will be floated in the markets. The first zone floated in the public markets. It's as if you float the city of New York.
Only If there is devotion to knowledge, the 21st century will become India's century and the foundation of that will be laid by the 'Vanche Gujarat' movement.
What we have seen in financial markets should bring home to us all that the central organising principle of this 21st century is interdependence. For the century just past, interdependence may have been one option among many. For the century that is to come, there is no longer an alternative.
The 21st century is the century of knowledge. Knowledge, science and education will have the power and strength to embrace the entire universe.
The impact on the broader economy and financial markets of the problems in the subprime markets seems likely to be contained.
I think there's a lot of merit in an international economy and global markets, but they're not sufficient because markets don't look after social needs.
For years, I have worked diligently to develop and implement a 21st century manufacturing strategy that will create jobs in the new clean energy economy.
We can't afford to waste people. We can't afford to have people think the game is over before it's begun. We've got to be saying to the Canadian people: you can't tax cut your way to a productive 21st-century economy. You can talk that talk, but it's not going to give you a productive 21st-century economy, because it will scythe apart the public goods that make prosperity possible. That's what we've got to say, and so we shall.
I had always been interested in markets - specifically, the theory that in financial markets, goods will trade at a fair value only when everyone has access to the same information.
The economy of the 21st century will come to center on agriculture. Life will be intensely and profoundly local in ways that we can't conceive of today. Economic growth, as we have known it in a cheap energy industrial paradigm, will cease.
When you are starting a new business you don't want to go after giant markets. You want to go after small markets and take over those markets quickly.
With knowledge now the key raw material for creating all economic wealth, the new power struggles will reach deep into our minds and our personal lives. That's why we believe the only empire that will survive in the 21st century will be the empire you build within your own mind.
Markets are a social construction, they're made from institutions. We in a democratic society create markets, we constitute markets, we bring them into existence, and we shouldn't turn markets over to a narrow group of people who regulate them and run them in their interests, rather they should be run democratically for the common good.
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