A Quote by Michael Spence

Developing economies may not have much control over the headwinds that they face today, but that does not mean that they are powerless. Much can be done not just to sustain moderate growth but also to secure a more prosperous and resilient future.
You just do the best you can. It doesn't necessarily mean that you have to get worse the more you do it. It can get better, I think... aspects of it, anyway. I mean, I don't write as much as I used to. But I don't do a lot of things as much as I used to. So that's the natural order of things, too. You're more or less living in the present. You're just trying to get that next song, whatever it is. And not think too much about what happened on the last record, or the record you made 20 years ago, because those are over with. Those are done.
The first commandment of economics is: Grow. Grow forever. Companies get bigger. National economies need to swell by a certain percent each year. People should want more, make more, earn more, spend more - ever more. The first commandment of the Earth is: enough. Just so much and no more. Just so much soil. Just so much water. Just so much sunshine. Everything born of the Earth grows to its appropriate size and then stops.
There are four headwinds that are just hitting the American economy in the face: They're demographics, education, debt and inequality. They're powerful enough to cut growth in half.
Prophecy and prescience - How can they be put to the test in the face of unanswered questions? Consider: How much is actual prediction and how much is the prophet shaping the future to fit the prophecy? What are the harmonics inherent in the act of prophecy? Does the prophet see the future or does he see a line of weakness, a fault or cleavage that he may shatter with words or decisions as a diamond-cutter shatters his gem with a blow of the knife?
Congress must take responsibility for a new positive direction - an innovative agenda that will lead to a more secure America. Secure communities, secure economies, and a secure quality of life.
There are certain comforts of living here in Dubai, the comforts of so many mosques and so much good food... It's just that much more secure. And may God keep it safe.
Today, charting your own course isn't just more necessary than ever before. It's also much easier - and much more fun.
And you can't have a prosperous economy when the government is way overspending, raising tax rates, printing too much money, over regulating and restricting free trade. It just can't be done.
Your prosperity will grow to the extent that you do. Your feeling of prosperity may require that you overcome the fear of leaving a secure job for a less secure job, with less pay, but a lot more freedom. Fact is, feeling more prosperous doesn't necessarily mean earning more money. Sometimes it means earning less money.
Growth that lasts does not threaten our children's future. It recognises that our planet is a gift that must be cherished. That tomorrow is our responsibility as much as today.
If you want to reach your potential and become the person you were created to be, you must do much more than just experience life and hope that you learn what you need along the way. You must go out of your way to seize growth opportunities as if your future depended on it. Why? Because it does. Growth doesn't just happen--not for me, not for you, not for anybody. You HAVE TO go after it.
I've come to a much more controlled idea about death and loss, but I don't think it's possible to come to that much more controlled idea until you've gone through the crazy part . . . I don't mean that I'm controlled. I mean that I gave up the idea that I had control. That's the new control.
I believe we can look forward to a more prosperous, more secure, and brighter future if we vote to leave the failing E.U. project.
There are so many venues in which stars are exposed today, that we just know much more and the studios don't have the control over stars like they used to, in the 30s, 40s, and 50s.
In essence, capitalist systems are a mechanism by which economies may generate growth in knowledge - with much uncertainty in the process, owing to the incompleteness of knowledge.
The progress of India is the destiny of one-sixth of humanity. And it will also mean a world more confident of its prosperity and more secure about its future.
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