A Quote by Paul Samuelson
The Keynesian idea is once again accepted that fiscal policy and deficit spending has a major role to play in guiding a market economy. I wish Friedman were still alive so he could witness how his extremism led to the defeat of his own ideas.
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Popular as Keynesian fiscal policy may be, many economists are skeptical that it works. They argue that fine-tuning the economy is a virtually impossible task, and that fiscal-stimulus programs are usually too small, and arrive too late, to make a difference.
Oh, how I wish that Orwell were still alive, so that I could read his comments on contemporary events!
That’s how Ptolemy imagined the disposition of his memories, his thoughts: they were still his, still in the range of his thinking, but they were, many and most of them, locked on the other side a closed door that he’s lost the key for. So his memory became like secrets held away from his own mind. But these secrets were noisy things; they babbled and muttered behind the door, and so if he listened closely he might catch a snatch of something he once knew well.
I think growing an economy is a good way to help with a deficit, but ultimately, it's about fiscal discipline and responsible spending - and smart decisions.
A wide range of possible fiscal policy tools and approaches could enhance the cyclical stability of the economy. For example, steps could be taken to increase the effectiveness of the automatic stabilizers, and some economists have proposed that greater fiscal support could be usefully provided to state and local governments during recessions.
I think the government lost control over fiscal policy in UPA-2. But it is possible to suggest that the momentum of the populism of UPA-1 did the damage when the economy slowed down, but government spending could not.
I stepped closer still. He closed his eyes again and covered my hand with his own. 'You smell of violets. You always smell of violets,' he said. 'You've no idea how many times I have walked these moors and smelled them and thought you were near. On and on I walked, following the scent of you, and you were never there. When I saw you in the hall tonight, I thought I had finally gone mad.
A robber who justified his theft by saying that he really helped his victims, by his spending giving a boost to retail trade, would find few converts; but when this theory is clothed in Keynesian equations and impressive references to the 'multiplier effect,' it unfortunately carries more conviction.
But this I know: if all mankind were to take their troubles to market with the idea of exchanging them, anyone seeing what his neighbor's troubles were like would be glad to go home with his own.
The moral duty of the free writer is to begin his work at home: to be a critic of his own community, his own country, his own government, his own culture. The more freedom the writer possesses, the greater the moral obligation to play the role of critic.
This is your heritage,' he said, as if from this dance we could know about his own childhood, about the flavor and grit of tenement buildings in Spanish Harlem, and projects in Red Hook, and dance halls, and city parks, and about how his own Paps, how he had beat him, how he taught him to dance, as if we could hear Spanish in his movements, as if Puerto Rico was a man in a bathrobe, grabbing another beer from the fridge and raising it to drink, his head back, still dancing, still steeping and snapping perfectly in time.
When his first-born was put into his arms, he could see that the boy had inherited his own eyes, as they once were - large, brilliant, and black.
I wish Howard Ashman was still alive so I could just meet him and tell him his words are magic. It's so fun to say. He has such great alliteration and paints the most vivid images with his lyrics
Mozart's mental grip never loosens; he never abandons himself to any one sense; even at his most ecstatic moments his mind is vigorous, alert, and on the wing. He dives unerringly on to his finest ideas like a bird of prey, and once an idea is seized he soars off again with an undiminished power.
Ho Chi Minh was well aware that the enemy possessed more firepower than did his own forces, and sought to use what he viewed as the superior political and moral position of his own revolutionary movement as a trump card to defeat a well-armed adversary. These ideas were originally generated during his early years as a revolutionary in the 1920s and 1930s, and continued to influence his recommendations in the wars against the French (1946-1954) and the United States (1959-1965).
This is all about creating good jobs for middle-income Americans, and it's a place where the President, frankly, has failed. His effort to put in place a series of liberal proposals he thought were historic kept his eye off the ball of getting the economy going again. It is the economy, and the American people aren't stupid. They want someone who can get this economy going again.
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