Archive for the ‘Economist’ Category

William Beveridge

Scratch a pessimist and you find often a defender of privilege.
William Beveridge

The object of government in peace and in war is not the glory of rulers or of races, but the happiness of common man.
William Beveridge

Ignorance is an evil weed, which dictators may cultivate among their dupes, but which no democracy can afford among its citizens.
William Beveridge

Marek Belka

No matter who becomes chancellor, Poland and Germany will remain neighbours, strategic partners, not only within the European Union, but also world partners, and I don’t believe anything could change in our relations.
Marek Belka

The Holocaust committed by the Nazis turned this country, where most of the European Jews used to live and where their culture used to flourish, into a massive grave. This is why initiatives to revive Jewish culture in Poland is so important.
Marek Belka

As far as the international issues are concerned, the most important thing is the state of the transatlantic relationships, Euro-Atlantic relationships: how to develop them and how to strengthen them further.
Marek Belka

We take our international responsibilities very seriously and will not withdraw our troops from Iraq… Otherwise, the victims of terror in Madrid will have died in vain.
Marek Belka

And in the last sentence I would like also to mention that Poland is one of the countries with which the United States has run strategic dialogues since last year.
Marek Belka

Gary Becker

My work on human capital began with an effort to calculate both private and social rates of return to men, women, blacks, and other groups from investments in different levels of education.
Gary Becker

Still, intuitive assumptions about behavior is only the starting point of systematic analysis, for alone they do not yield many interesting implications.
Gary Becker

The Treatise tries to analyze not only modern Western families, but also those in other cultures and the changes in family structure during the past several centuries.
Gary Becker

A stronger yuan could lead to greater Chinese asset accumulation in the U.S. and elsewhere.
Gary Becker

Fines are preferable to imprisonment and other types of punishment because they are more efficient. With a fine, the punishment to offenders is also revenue to the State.
Gary Becker

I was not sympathetic to the assumption that criminals had radically different motivations from everyone else.
Gary Becker

Why in almost all societies have married women specialized in bearing and rearing children and in certain agricultural activities, whereas married men have done most of the fighting and market work?
Gary Becker

Frederic Bastiat

When goods do not cross borders, soldiers will.
Frederic Bastiat

Everyone wants to live at the expense of the state. They forget that the state wants to live at the expense of everyone.
Frederic Bastiat

Life, liberty, and property do not exist because men have made laws. On the contrary, it was the fact that life, liberty, and property existed beforehand that caused men to make laws in the first place.
Frederic Bastiat

Often the masses are plundered and do not know it.
Frederic Bastiat

The state is the great fictitious entity by which everyone seeks to live at the expense of everyone else.
Frederic Bastiat

Government is the great fiction, through which everybody endeavors to live at the expense of everybody else.
Frederic Bastiat

Each of us has a natural right, from God, to defend his person, his liberty, and his property.
Frederic Bastiat

They will come to learn in the end, at their own expense, that it is better to endure competition for rich customers than to be invested with monopoly over impoverished customers.
Frederic Bastiat

Kenneth Joseph Arrow

My graduate study was interrupted, like that of many others, by World War II.
Kenneth Joseph Arrow

My undergraduate education, at the City College in New York, was made possible only by the existence of that excellent free institution and the financial sacrifices of my parents.
Kenneth Joseph Arrow

In 1963 and later papers, I pointed out that the special market characteristics of medical care and medical insurance could be explained by reference to differences in information among the parties involved.
Kenneth Joseph Arrow

My assignment was exclusively in the research field, and my first published paper, On the Optimal Use of Winds for Flight Planning, was the outgrowth of that work.
Kenneth Joseph Arrow

My research, even before 1972, moved in directions beyond those cited for the Nobel Memorial Prize. Most of it, in one way or another, deals with information as an economic variable, both as to its production and as to its use.
Kenneth Joseph Arrow

Arthur Frank Burns

Spontaneity has its time and its place.
Arthur Frank Burns

We all know it’s brutal up there at the front, especially those of us at the rear.
Arthur Frank Burns