A Quote by Edmund Phelps

To prosper and advance, the American business sector is going to need a financial system oriented toward business, not 'home ownership.' — © Edmund Phelps
To prosper and advance, the American business sector is going to need a financial system oriented toward business, not 'home ownership.'
Here's another way of putting it. Roosevelt wants recovery to start at the bottom. In other words, by a system of high taxes, he wants business to help the little fellow to get started and get some work, and then pay business back by buying things when he's at work. Business says, 'Let everybody alone. Let business alone, and quit monkeying with us, and we'll get everything going for you, and if we prosper, naturally the worker will prosper.'
The American Dream is ownership ? a house, a car, a vacation home and, even better, your own business
The Obama administration was filled with people that had deep resentment for people successful in the private sector, in business or what have you, with no way of understanding them or relating to them at all, and no desire to. Much of the Washington establishment, particularly the Democrat side of it, has the same view of American business and the private sector. And here comes Donald Trump entering their world, and they are not equipped to understand how he operates or what he's doing. They're plugging him and his business techniques into their political models, and it doesn't work.
China will continue to adopt multiple measures to advance the reform and opening up of its financial sector so that its financial market can better adapt to financial modernization and globalization.
In the end, alchemy, whether it is metallurgical or financial, fails. A base business can not be transformed into a golden business by tricks of accounting or capital structure. The man claiming to be a financial alchemist may become rich. But gullible investors rather than business achievements will usually be the source of his wealth.
With the permanent elimination of this tax, farmers and business owners will have the sense of security they need to plan for the financial future of their business or farm and their family.
People are quick to say with their mouth full, 'Well, the American farmer is on the dole.' But a loaf of bread is two bucks when it could be 10 bucks. I know what it is with the government in my business. We would be all for not having government in our business, but we need a fair system.
People need the financial sector to be safe; people also need the financial sector to go through a massive phase of innovation. That means delivering on the positive rhetoric, like around settlement accounts, not allowing Open Banking to be diluted, and leading the way on AML.
By all indications, American business leaders are more adept at creating business strategies than they are skilled at human capital management. American entrepreneurs are world-beaters when it comes to creating new businesses, and corporate managers are adept at using the latest marketing, financial, and technological practices.
The financial sector has so distorted salaries that physicists are getting drawn into the financial sector. All that has led to an undersupply of people committed to the public sector.
I want business to prosper and make a profit caused by business expansion and prosperity.
I want business to prosper and make a profit caused by business expansion and prosperity
No matter how the financial system is set up, no matter what the economic system is, as long as you have people, you're going to have financial crises; you're going to have bubbles that manifest themselves in the financial system.
Providing all Latin-American children with the education and early childhood development that they need is in the best interest of all, so it has to be a priority for all of us, not only the government and civil society, but also the business sector.
We started our company out of a need to survive, but we've built it based on a mission not only to help others survive but to prosper. In fact, we view ourselves as a mission with a business, rather than a business with a mission.
Many bought into the idea that America could go from a technology-based, export-oriented powerhouse to a services-led, consumption-based economy - and somehow still expect to prosper. That idea was flat wrong. Our economy tilted instead toward the quicker profits of financial services.
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