A Quote by Virginia Postrel

As discomfiting as it is to both market optimists and policy activists, a certain amount of instability is inherent to the economy.

Virginia Postrel

Quote Topics

Activists Amount Both Certain Economy Inherent Instability Market Policy

Quote Author

Virginia Postrel
American - Writer
Born: January 14, 1960

As a bull market turns into a bear market, the new pros turn into optimists, hoping and praying the bear market will become a bull and save them. But as the market remains bearish, the optimists become pessimists, quit the profession, and return to their day jobs. This is when the real professional investors re-enter the market.

Robert Kiyosaki

Unless we understand what it is that leads to economic and financial instability, we cannot prescribe -- make policy -- to modify or eliminate it. Identifying a phenomenon is not enough; we need a theory that makes instability a normal result in our economy and gives us handles to control it.

Hyman Minsky

I think one of the reasons that we are able to actually keep making music that we want to make, and that we're inspired by, is because there is a certain amount of instability constantly, and I think that mirrors the instability of any given life.

Carrie Brownstein

The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.

Milton Friedman

Foreign policy is inseparable from domestic policy now. Is terrorism foreign policy or domestic policy? It's both. It's the same with crime, with the economy, climate change.

David Miliband

I don't think policy makers surprise unnecessarily. You don't pick surprise as a part of your policy. Markets value a certain amount of predictability. But there are certain areas where surprise is a tool.

Raghuram Rajan

The parallel existence and mutual interaction of "state" and "market" in the modern world create "political economy"; without both state and market there could be no political economy.

Robert Gilpin

Today it's fashionable to talk about the New Economy, or the Information Economy, or the Knowledge Economy. But when I think about the imperatives of this market, I view today's economy as the Value Economy. Adding value has become more than just a sound business principle; it is both the common denominator and the competitive edge.

Arthur Levitt Jr

Only optimists commit suicide, optimists who no longer succeed at being optimists. The others, having no reason to live, why would they have any to die?

Emile M. Cioran

It's important for market participants to have a sense of how we think about the economy and the appropriate path of policy, to look at incoming data, and to form their own judgments as to whether or not changes in policy would be appropriate.

Janet Yellen

There was a time when the FCC tried to require a certain amount of television and media to be educational, a certain amount to be newsworthy and a certain amount of it to be public access.

Montel Williams

A beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there is a certain amount of debt restructuring, and there is a certain amount of printing of money. When done in the right mix, it isn't dramatic.

Ray Dalio

Crises are inherent to market economies, but managing them is the key to political success, and the media plays a vital role in getting the policy message across.

Sanjaya Baru

An important instrument of economic policy-making in a market economy is credible, consistent, and timely communication.

Sanjaya Baru

Financial market participants appear to recognize the FOMC's data-dependent approach because incoming data surprises typically induce changes in market expectations about the likely future path of policy, resulting in movements in bond yields that act to buffer the economy from shocks.

Janet Yellen

Having seen a non-market economy, I suddenly understood much better what I liked about a market economy.