I recognized that information was, in many respects, like a public good, and it was this insight that made it clear to me that it was unlikely that the private market would provide efficient resource allocations whenever information was endogenous.
In the European context tax rates are high and government expenditure is focused on current expenditure. A 'good' consolidation is one where taxes are lower and the lower government expenditure is on infrastructures and other investments.
Behind closed doors they had what were legendary battles I hear but when the doors opened there was absolute unity. Not a crack could be found. No separation whatsoever. They were locked together for the good of the community.
I think life is sort of like a competition, whether it's in sports, or it's achieving in school, or it's achieving good relationships with people. And competition is a little bit of what it's all about.
Statistically and emotionally, I believe that the way I can be of help to society is by doing what I know and what I've been good at.
Much of the social history of the Western world, over the past three decades, has been a history of replacing what worked with what sounded good.
If unemployment could be brought down to say 2 percent at the cost of an assured steady rate of inflation of 10 percent per year, or even 20 percent, this would be a good bargain.
We enter the government essentially in a hotel that is on fire. We're throwing people from the windows into the pool to save their lives and this is the evaluation of the Olympic diving committee: Well, the splash was too big.
Like crime, terrorism is a fact of life. I grew up in Israel, where every unattended bag was a suspected bomb; when my family moved for a few years, it was to London in the early years of 'the Troubles.'
Back when 'social' had a broad definition, you could almost say that Yahoo Finance chat was the first social product.
As an assistant in the polytechnic department, I was able to finance new studies and got my Physics Masters Degree in 1958 and my Ph.D. in 1959.
As dismayed as Americans are with the influence of the special interests that finance election campaigns, they've been reluctant to embrace the alternative: taxpayer-financed elections.
To finance this trade deficit, the U.S. has to borrow from the rest of the world or sell American assets like stocks, businesses, and real estate to the rest of the world.
When you're building a company, you need to continually strengthen every component - finance, strategic partnerships, executive team, and relationships with every last constituency.
In the long run, with profits from piracy greater than international finance mobilised to solve the problem, we can expect piracy to increase geographically and in sophistication.
You can be this super-successful woman who's smart and effective but still feminine. When I worked in finance, I didn't always think that was possible.
The number one lobby that opposes campaign finance reform in the United States is the National Association of Broadcasters.
Orrin Hatch is old enough to be my father, and I don't want my father running the United States Senate Finance Committee.
Nearly all educational expenditure should be considered a capital outlay, whether it provides a future return in the form of enhanced taxable income or in terms of an enhanced quality of life.
Jail didn't make me find God, He's always been there. They can lock me up, but my spirit and my love can never be confined to prison walls.
The frontiers of knowledge in the various fields of our subject are expanding at such a rate that, work as hard as one can, one finds oneself further and further away from an understanding of the whole.
