A Quote by Robert Heilbroner

If an economy in the doldrums could drift indefinitely, the price of government inaction might be graver by far than the consequences of bold unorthodoxy. — © Robert Heilbroner
If an economy in the doldrums could drift indefinitely, the price of government inaction might be graver by far than the consequences of bold unorthodoxy.
The price of inaction is far greater than the cost of making a mistake.
I think this is the biggest lesson a president or any of us who has responsibility to govern have to learn: There are always consequences to actions that you take. There are consequences to inaction.
"Consider the matter dispassionately, Mr. Foster, and you will see that no offence is so heinous as unorthodoxy of behaviour. Murder kills only the individual- and after all, wha is an individual? ". . . ." We can make a new one with the greatest of ease- as many as we like. Unorthodoxy threatens more than the life of a mere individual; it strikes at Society itself."
There are always consequences to actions that you take. There are consequences to inaction. And thinking through, asking the questions, "Well, then what happens? What comes next?" is critically important.
The price we have paid for expecting to be so much more than our ancestors is a perpetual anxiety that we are far from being all we might be.
The hydrogen economy will make possible a vast redistribution of power, with far-reaching consequences for society. Today's centralized, top-down flow of energy, controlled by global oil companies and utilities, could become obsolete.
Write on your doors the saying wise and old, "Be bold! be bold!" and everywhere - "Be bold; Be not too bold!" Yet better the excess Than the defect; better the more than less; Better like Hector in the field to die, Than like a perfumed Paris turn and fly.
Far graver is it to corrupt the faith that is the life of the soul than to counterfeit the money that sustains temporal life.
A nap is not to be confused with sleeping. We sleep to recharge our bodies. We nap to care for our souls. When we nap, we are resting our eyes while our imaginations soar. Getting ready for the next round. Sorting, sifting, separating the profound from the profane, the possible from the improbable. Rehearsing our acceptance speech for the Nobel Prize, our surprise on receiving the MacArthur genius award. This requires a prone position. If we're lucky, we might drift off, but we won't drift far. Just far enough to ransom our creativity from chaos.
China's government has far more control over the country's economy than our government has over ours, and it is moving from export dependence to a model of growth driven by domestic demand. Any restriction on exports to the U.S. would simply accelerate a process already underway.
The price of doing the same old thing is far higher than the price of change.
The action we take and the decisions we make in this decade will have consequences far into this century. If America shows weakness and uncertainty, the world will drift toward tragedy. That will not happen on my watch.
Citizens know the legacy of misrule of the Congress - an economy in doldrums and an administration full of leakages.
There is a new economy out there, what I call the Crypto-Tech Economy, that could be as big, if not bigger, than the web economy. So we have to be prepared for it.
A growing, vibrant economy solves more problems than any government giveaway ever could.
The failure of Lehman may have allowed the government to do more to prop up the economy than it otherwise could.
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