A Quote by John Prescott

What we are beginning to witness is a whole new set of rules for economics, based on rationing resources. — © John Prescott
What we are beginning to witness is a whole new set of rules for economics, based on rationing resources.
Prices impose the most effective kind of rationing - self-rationing. Why is rationing necessary? Because what everybody wants always adds up to more than there is. . .Resources are limited but desires are not. That is the basic and defining problem of economics.
There's a whole new set of rules, in this new world. If you don't abide by them, then you'll perish.
Earth is abundant with plentiful resources. Our practice of rationing resources through monetary control is no longer relevant and is counter-productive to our survival.
You must set down all the rules to your cat at the beginning of your relationship. You cannot add rules as you go along. Once these rules are set, you must never, under any circumstances, break any of them. Dare to break a rule, and you will never live it down. Trust me.
My whole purpose of being a musician is to not follow the rules, so if I set rules for myself, I've already failed.
There's no better place in the world for technology start-ups than Silicon Valley; there's such an incredible well of talent and capital and resources. The whole system is set up to foster the creation of new companies.
We have new rules that give shareholders the ability to vote on executive compensation. We have new rules for asset-backed securities. We have new rules around credit rating agencies.
I started in the law; and the study of law, when it precedes the study of economics, gives you a set of foundation principles about how human beings interact. Economics is very useful, and I studied economics in graduate school. But without understanding the social and organizational context of economics, it becomes a theory without any groundwork.
An organization is really a factory for producing new ideas and for linking those ideas with resources - human resources, financial resources, knowledge resources, infrastructure resources - in an effort to create value. These are processes that you can map, with results that you can measure.
Just one quality of the Buddha has to be remembered. He consists only of one quality: witnessing. This small word witnessing contains the whole of spirituality. Witness that you are not the body. Witness that you are not the mind. Witness that you are only a witness. As the witnessing deepens, you start becoming drunk with the divine. That is what is called ecstasy.
Facing dramatic global challenges, we need a global capacity to address them that reaffirms the importance of multilateralism and the importance of a rules-based set of international relations, based on the rule of law and in accordance with the U.N. Charter.
My mother and my father taught me to look at the actual problem, not the face of it, not the veneer of it. So for me, I was never - I was impressed that it - racially, I was impressed, right, but now in America it's about economics, and it's been about economics, and honestly, everything's been about economics since I don't want to say the beginning of time, but it's been about economics for a long while.
The whole music business in the United States is based on numbers, based on unit sales and not on quality. It's not based on beauty, it's based on hype and it's based on cocaine. It's based on giving presents of large packages of dollars to play records on the air.
Discovery is new beginning. It is the origin of new rules that supplement, or even supplant, the old. Genius is creative. It is genius precisely because it disregards established routines, because it originates the novelties that will be the routines of the future. Were there rules for discovery, then discoveries would be mere conclusions.
...Then I got divorced and everything changed, and I became a father in a whole new way and found a whole new set of difficulties.
Writing for videogames is really unique. You learn all the rules of writing, but there's a whole other set of rules for game writing, and we're changing them as we move along as well, which makes it more challenging.
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