A Quote by Peter Thiel

Technology is probably the single biggest driver of productivity gains for the developed countries. For example, I think it's much more important than free trade.

Peter Thiel

Quote Topics

Biggest Countries Developed Developed Countries Driver Example For Example Free Free Trade Gains Important More Much Productivity Single Technology Than Think Trade

Quote Author

Peter Thiel
American - Businessman
Born: October 11, 1967

Technology enables consumers and investors to have extraordinary choice and ease of switching, which, in turn, stimulates much fiercer competition than ever before, which, in turn, makes it imperative for every institution to innovate like mad. That innovation is powering our economy these days, and it requires companies to find and utilize creative workers. That's the most important syllogism going; technology is embedded in that syllogism, but it's not as if we're seeing these productivity gains because of the technology.

Robert Reich

While the technology revolution has yet to reach far into the households of those in developing countries, this is certainly another area where more developed countries can assist those in the less developed world.

Carol Bellamy

I think that the important point is we've got to have a president who understands the benefits of free trade but also is going to enforce unfair trade agreements and is going to stand up to other countries.

Barack Obama

The most revolutionary aspect of technology is its mobility. Anybody can learn it. It jumps easily over barriers of race and language. ... The new technology of microchips and computer software is learned much faster than the old technology of coal and iron. It took three generations of misery for the older industrial countries to master the technology of coal and iron. The new industrial countries of East Asia, South Korea, and Singapore and Taiwan, mastered the new technology and made the jump from poverty to wealth in a single generation.

Freeman Dyson

Rich countries have 'kicked away the ladder' by forcing free-market, free-trade policies on poor countries. Already established countries do not want more competitors emerging through the nationalistic policies they themselves successfully used in the past.

Ha-Joon Chang

The developing countries must be able to take a more active part in trade negotiations, through technical assistance and support from the developed countries.

Anna Lindh

We want trade agreements that aid development and increase prosperity, growth and productivity at home and in our trade partner countries.

Barry Gardiner

I'm in favor of free trade, but I think if you had to make a choice between having technological progress versus free trade, you had one or the other, you should always pick technological progress. I think it's an incredibly important variable for creating more prosperity.

Peter Thiel

The biggest single thing that has lifted people out of poverty is free trade.

George Osborne

We also exchange oil for software technology. Uruguay is one of the biggest producers of software. We are breaking with the neoliberal model. We do not believe in free trade. We believe in fair trade and exchange, not competition but cooperation. I'm not giving away oil for free. Just using oil, first to benefit our people, to relieve poverty.

Hugo Chavez

I take the point of view that missing an important trade is a much more serious error than making a bad trade.

William Eckhardt

The message from history is so blatantly obvious - that free trade causes mutual prosperity while protectionism causes poverty - that it seems incredible that anybody ever thinks otherwise. There is not a single example of a country opening its borders to trade and ending up poorer.

Matt Ridley

Trade is not the cause for unemployment. In fact, the biggest drivers for unemployment are innovation and increased productivity. It has nothing to do with trade.