A Quote by Mohamed El-Erian

Falling entry barriers and lower access costs have significantly democratised participation, whether in production or consumption. — © Mohamed El-Erian
Falling entry barriers and lower access costs have significantly democratised participation, whether in production or consumption.
Baseball was my goal from a young age, but gambling had significantly fewer barriers to entry.
In a Harvard University study, the diets of nearly 1,000 women were analysed before their morning melatonin levels were measured. Meat consumption was the only food significantly associated with lower melatonin production, for reasons that are as yet unknown.
The benefits of a modest warming would outweigh the costs - by $8.4 billion a year in 1990 dollars by the year 2060, according to Robert Mendelsohn at Yale University - thanks to longer growing seasons, more wood fiber production, lower construction costs, lower mortality rates, and lower rates of morbidity (illness).
I shall argue that it is the capital stock from which we derive satisfaction, not from the additions to it (production) or the subtractions from it (consumption): that consumption, far from being a desideratum, is a deplorable property of the capital stock which necessitates the equally deplorable activity of production: and that the objective of economic policy should not be to maximize consumption or production, but rather to minimize it, i.e. to enable us to maintain our capital stock with as little consumption or production as possible.
Consumption is also immediately production, just as in nature the consumption of the elements and chemical substances is the production of the plant.
Technology influenced me in that it gave me an opportunity to have a voice as a woman. I think it's because the barriers to entry tend to be a bit lower.
Democratic Latin America limps sideways because it can't run ahead. There are too many entry barriers to the poor, the innovative, and those without access to credit.
I do not need wireless access to Wikipedia. I would prefer to stir-fry my own small intestines than to have continual access to a site where the entry for Klingon is longer than the entry for Latin.
Just as there's some technologies that jeopardize revenue for traditional products, there are also technologies that can significantly lower costs.
There is an important distinction between barriers to entry and barriers to imitation.
Broadband eliminates so many barriers to entry for so many different people that it's actually become a barrier to entry in and of itself if you're not getting online on a regular basis.
One of the biggest reasons for higher medical costs is that somebody else is paying those costs, whether an insurance company or the government. What is the politicians' answer? To have more costs paid by insurance companies and the government. ... [H]aving someone else pay for medical care virtually guarantees that a lot more of it will be used. Nothing would lower costs more than having each patient pay those costs. And nothing is less likely to happen.
Through decentralized cryptography, Bitcoin eliminates the need for banking intermediaries, significantly lowering transaction costs, and could liberate poverty-stricken economies around the globe by providing access to capital to the one-third of humanity that is excluded from the financial world.
Contrary to any claim of a systematically “neutral” effect of taxation on production, the consequence of any such shortening of roundabout methods of production is a lower output produced. The price that invariably must be paid for taxation, and for every increase in taxation, is a coercively lowered productivity that in turn reduces the standard of living in terms of valuable assets provided for future consumption. Every act of taxation necessarily exerts a push away from more highly capitalized, more productive production processes in the direction of a hand-to-mouth-existence.
One of the technology lessons was to work inside the cost envelope of the developing world to lower costs overall. What's even more important and useful is dramatically lowering power consumption. Everyone wants batteries that can last 10 times longer.
I run advertisements and sell T-shirts to cover overhead costs and pay the few people who help me out behind the scenes. Anything left over is spent on production costs, animation costs, etc.
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