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Terms Of Service
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Martin Luther King, Jr.
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No economy can succeed without a high-quality workforce, particularly in an age of globalization and technical change.
Environmental protection and economic development are not in conflict. Environmental protection is not a burden but a source for innovation. It can increase competition, create jobs, and lifts the economy.
The way to turn our economy around is not by making rich people poorer, it's by making poor people richer.
When the consumer is strong, the American economy will be strong, so consumer protection actually serves economic growth and economic progress.
Increasing minimum wage doesn't build a stronger economy.
We need to preserve our neighborhoods, our small business, our local economy.
The economy of human time is the next advantage of machinery in manufactures.
Warp speed developments in technology - automation, artificial intelligence, and the arrival of the sharing economy - are transforming how we work. Beyond technology, traditional working patterns are also being disrupted by changes in society, organizations and workforce management, leading to the rise of a more independent and dispersed workforce.
The 9-9-9 plan would resuscitate this economy because it replaces the outdated tax code that allows politicians to pick winners and losers, and to provide favors in the form of tax breaks, special exemptions and loopholes. It simplifies the code dramatically: 9% business flat tax, 9% personal flat tax, 9% sales tax.
I will talk about two sets of things. One is how productivity and collaboration are reinventing the nature of work, and how this will be very important for the global economy. And two, data. In other words, the profound impact of digital technology that stems from data and the data feedback loop.
Monetary policy will, as always, respond to the economy's twists and turns so as to promote, as best as we can in an uncertain economic environment, the employment and inflation goals.
What we see today is an American economy that has boomed because of policies and developments of the 1950s and '60s: the interstate-highway system, massive funding for science and technology, a public-education system that was the envy of the world and generous immigration policies.
The most insidious thing about trickle-down economics is not the claim that if the rich get richer, everyone is better off. It is the claim made by those who oppose any increase in the minimum wage that if the poor get richer, that will be bad for the economy. This is nonsense.
One of the fastest ways to build the clean energy economy is to allow more people to benefit from it.
Every dollar of SNAP benefits generates $1.84 in the economy in terms of economic activity. If people are able to buy a little more in the grocery store, someone has to stock it, package it, shelve it, process it, ship it. All of those are jobs. It's the most direct stimulus you can get in the economy during these tough times.
If home ownership is the American dream, then foreclosure certainly is the American nightmare. It destroys more than credit. It destroys lives. And its effects are felt beyond the individual family that it devastates. It shakes our entire economy.
In the 40 years I've been working as an economist and investor, I have never seen such a disconnect between the asset market and the economic reality... Asset markets are in the sky, and the economy of the ordinary people is in the dumps, where their real incomes adjusted for inflation are going down and asset markets are going up.
There can be no doubt that the transportation sector is the most critical sector of our economy.
If we bestow but a very little attention to the economy of the animal creation, we shall find manifest examples of premeditation, perseverance, resolution, and consumate artifice, in order to effect their purpose.
Not wishing to be disturbed over moral issues of the political economy, Americans cling to the notion that the government is a sort of automatic machine, regulated by the balancing of competing interests.
C. Wright Mills
Typically, after moving backwards, the economy takes even more steps forward.
In order to lead a country or a company, you've got to get everybody on the same page and you've got to be able to have a vision of where you're going. America can't have a vision of health care for everybody, green economy, regulations - can't have a bunch of piece-meal activities. It's got to have a vision.
For the American economy, for any economy to grow, to truly innovate, we cannot leave behind half our population. We have to socialize our girls to be comfortable with imperfection, and we've got to do it now. We cannot wait for them to learn how to be brave like I did when I was 33 years old.
Forgiveness is the economy of the heart... forgiveness saves the expense of anger, the cost of hatred, the waste of spirits.
India may be the soul of world cricket, but IPL is its commercial heart. Just as 'Who Wants to be a Millionaire' changed the ground rules for quiz shows by injecting a massive dose of money into the equation, IPL has changed the dynamics of the cricket economy.
Everyone should wake up and have a fresh-squeezed orange every day. By having a fresh glass of orange juice with American oranges, you are supporting the local economy, you have all the vitamin C you need in a day, and you support the environment because you don't use any plastic from bottles or bags.
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