A Quote by Robert Mundell

Monetary discipline forces fiscal discipline on the politicians as well. — © Robert Mundell
Monetary discipline forces fiscal discipline on the politicians as well.
First of all, I don't like to speak about austerity. I'd prefer to speak of fiscal discipline. Fiscal discipline, in the end, amounts to austerity if it is not accompanied by other policies.
Budgets don't balance themselves, it takes fiscal discipline, and both the union and the government will have to show taxpayers that discipline.
There is only one sort of discipline - PERFECT DISCIPLINE. Men cannot have good battle discipline and poor administrative discipline.
Zen is discipline - the discipline of living life, the discipline of taking a breath, the discipline of not knowing and not trying to know.
People talk about discipline, but to me, there's discipline and there's self-discipline. Discipline is listening to people tell you what to do, where to be, and how to do something. Self-discipline is knowing that you are responsible for everything that happens in your life; you are the only one who can take yourself to the desired heights.
Discipline isn't a dirty word. Far from it. Discipline is the one thing that separates us from chaos and anarchy. Discipline implies timing. It's the precursor to good behavior, and it never comes from bad behavior. People who associate discipline with punishment are wrong: with discipline, punishment is unnecessary.
Ultimately, any type of discipline is flawed because it keeps the person who is being disciplined inept. As long as the experience is happening to you, while it is imposed on you, it is not your dream. When discipline is administered externally, the participant is dependent on the administrator of the discipline. When discipline is administered internally, the athlete becomes a victim of the structure of the discipline. Either way, only the discipline, not the dream, is being pursued.
Men need discipline! Countries need discipline! World needs discipline! He who wants to be successful needs discipline! Be a man of discipline!
Self-recognition is necessary to know one's road, but, knowing the road, the price of the mistakes and perils is worth paying. The following of that road will be all the discipline one needs. Discipline does not mean being molded by outside forces, but sticking to one's road against the forces that would deflect or bury the soul. People speak of finding one
Good governance needs self-discipline. Only discipline within can ensure discipline without.
Through discipline, discipline is the other side of discipleship. If you want to follow Jesus, you have to have discipline.
Liberty is the luxury of self-discipline, that those nations historically who have failed to discipline themselves have had discipline imposed by others.
There is only one kind of discipline, and that is the perfect discipline. As a leader, you must enforce and maintain that discipline; otherwise, you will fail at your job.
The best discipline, maybe the only discipline that really works, is self- discipline.
Wolves are disciplined not only when they hunt but also when they travel, when they play, and when they eat. Nature doesn't view discipline as a negative thing. Discipline is DNA. Discipline is survival.
Do you have to discipline yourself to have breakfast, lunch or dinner? Of course not; and so discipline - the usual concept of it - doesn't apply here. I had to discipline myself to learn English, but never to train.
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