When we say that the persistence of competition is ensured by fate, we mean that individual freedom is so guaranteed. The one thing to which fate binds us is liberty.
If we have an economic crisis in the Western world it's because the government makes up 50 percent or more of the economy. This is a cancer that is taking away people's freedom.
Private property and the market system are good not only to promote innovation and to promote growth; private property and the market system are good for our personal freedom.
Being sent away to boarding school at seven is as great an inspiration as any songwriter could have - to be taken away from one's family and locked away for 10 years. It does create an incredible intensity of emotion.
I only have two things in my life, my family and work. If there's any time left over, then I play sports.
There's a lot of conflict and darkness inside everybody's family. We all pretend to outsiders that it's not so, but behind locked doors, there are usually high emotions running.
An eye for beauty locks onto faces that show signs of health and fertility - just as one would predict if it had evolved to help the beholder find the fittest mate.
So it's the kind of business where you can't wait to get up in the morning and read the papers, or listen to what's on the news, and you know, how the world's going to change.
Psycho 11 and III say, in effect, there's no way to survive with a psychological problem. If you've got it, the law can keep you locked up because there's no chance for cure.
Climate change and dependence on foreign oil are problems that won't go away on their own. Tabling plans to deal with them doesn't make it easier for companies to plan and invest; it makes it harder.
Probably people always feel that they are living in a time of transition, but we can hardly be mistaken perhaps in thinking that this is an era of particularly momentous change, rapid and proceeding at an ever quickening rate.
Young women who live in areas with high maternal mortality change their behavior less in response to HIV than young women who live in areas with low maternal mortality.
It seems that the one thing that doesn't change is people's reaction to short-term conditions and their axiomatic ability to perpetuate them far into the future.
Stocks change. Industries change. But the underlying reasons certain stocks are good investments remain the same. Only the fullness of time reveals which are the most sound.
My research in this period centered around growth, technical change, and income distribution, both how growth affected the distribution of income and how the distribution of income affected growth.
The insurance companies aren't covering that. Should Monsanto be liable for these losses? Should the state government? Who's going to cover the losses? The fact is, here's an industry with no long-term liability in place.
In government institutions and in teaching, you need to inspire confidence. To achieve credibility, you have to very clearly explain what you are doing and why. The same principles apply to businesses.
But ultimately what I was impressed by during my years in government was how much the intellectual climate and the prevailing intellectual notions constrained and represented the universe within which the discourse took place.
We're getting job creation in healthcare and educational services. We've been getting that all along. It's demographically driven, it's funded by the government, and that's held up.
I was critical of the Israeli government, however, for not being prepared for the move. One does not uproot thousands of people without planning in advance what will be done with them. This was a political and human error in which the government func...
The real goal should be reduced government spending, rather than balanced budgets achieved by ever rising tax rates to cover ever rising spending.
