A Quote by James M. Buchanan
Building on the public's unwillingness to act on principle in support of market solutions to apparent problems, whether real or imagined, these interest groups secure arbitrary restrictions on voluntary exchanges and, in the process, secure rents for their members while reducing both the liberties and economic well being of other members of the economic nexus, both domestically and internationally.
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As soon as the economic freedom which the market economy grants to its members is removed, all political liberties and bills of rights become humbug.
Family values represent the core values and guidelines that parents and family members hold in high regard for the well-being of the family. Sincere family feelings are core heart feelings. They are the basis for true family values. While we have differences, we remain family by virtue of our heart connection. Family provides necessary security and support, and acts as a buffer against external problems. A family made up of secure people generates a magnetic power that can get things done. They are the hope for real security in a stressful world.
I think that is a very important milestone in our economic history that the monetary policy is now determined through a committee process where there are both independent committee members and representation from the RBI.
Some economists became obsessed with market efficiency and others with market failure. Generally held to be members of opposite schools-freshwater and saltwater, Chicago and Cambridge, liberal and conservative, Austrian and Keynesian-both sides share an essential economic vision. They see their discipline as successful insofar as it eliminates surprise-insofar, that is, as the inexorable workings of the machine override the initiatives of the human actors.
Both fact and logic seem to me to support the view that savings invested in privately owned economic tools of production amount to an act of charity. And further, I believe it to be - as a type - the greatest economic charity of all.
We said in our 21st Century Party paper there are 61 mosaic groups, which the market research people use as different socio-economic categories and half of our members come from just five of those groups and that is very narrow - too narrow.
Building great public schools and universities, a strong health care system, including keeping the Affordable Care Act, and then an economy that works well for people so that when they put in a hard day's work, they can support themselves and their family members. Those are the fundamentals that have distinguished America from other nations in the world.
We have a powerful portfolio of brands that are well-positioned for future growth, both domestically and internationally.
We need to revise our economic thinking to give full value to our natural resources. This revised economics will stabilize both the theory and the practice of free-market capitalism. It will provide business and public policy with a powerful new tool for economic development, profitability, and the promotion of the public good.
Globalization makes our economy, our health, and our security all captive to events on the other side of the world. And no other nation on earth has a greater capacity to shape that global system, or to build consensus around a new set of international rules that expand the zones of freedom, personal safety, and economic well-being. Like it or not, if we want to make America more secure, we are going to have to help make the world more secure.
Even North Korean people who are not necessarily happy with economic policies are still loyal to the state itself. It's a military-first state, so whether it does very well on the economic front or not, is not central to public support for it.
Yes, NFL players deserve to be paid well. Unfortunately, economic realities are forcing everyone to make tough choices and the NFL is no different. These are not easy negotiations, but the outcome can be positive. If both sides give a little, everyone, including fans, will get a lot and the game will improve through innovation. Even in difficult economic times, a new CBA presents us with the opportunity to secure the future of our game.
A nation with a strong defence industry will not only be more secure. It will also reap rich economic benefits - it can boost investment, expand manufacturing, support enterprise, raise the technology level and increase economic growth in the country.
Access to a secure, safe and sufficient source of fresh water is a fundamental requirement for the survival, well-being and socio-economic development of all humanity. Yet, we continue to act as if fresh water were a perpetually abundant resource. It is not.
I consider it important, indeed urgently necessary, for intellectual workers to get together, both to protect their own economic status and, also, generally speaking, to secure their influence in the political field.
The Open Market Committee, as presently established, is plainly not in the public interest. This committee must be operated by purely public servants, representatives of the people as a whole and not any single interest group. The Open Market Committee should be abolished, and its powers transferred to the Federal Reserve Board - the present public members of the committee, with reasonably short terms of office.
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