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Quotes by Economists
We now have an opportunity, though, to do something we didn't do in the industrial age, and that is to get a leg up on this, to bring the public in quickly, to have an informed debate.
Jeremy Rifkin
Age
Opportunity
Debate
Though
Something
Industrial
Up
Leg
Quickly
Get
Informed
Public
Now
Bring
You can eliminate, for example, a Brazil nut gene if you know that it will create an allergenic effect.
Jeremy Rifkin
You
Will
Example
Brazil
Nut
Gene
For Example
Know
Effect
Create
Eliminate
A refuge is supposed to prevent what? The genes from flowing out of sight? This refuge idea won't stop insects from moving across boundaries. That's absurd.
Jeremy Rifkin
Insects
Sight
Out
Prevent
Absurd
Idea
Boundaries
Genes
Supposed
Refuge
Stop
Moving
Across
Flowing
I know quite a few farmers all over the United States who have tried this and have said the opposite, that they have to use more herbicides, not less. The same holds true with BT.
Jeremy Rifkin
Few
States
Tried
More
True
Over
Know
Said
Opposite
Same
Quite
Holds
Use
Farmers
Less
Who
United
United States
If your corn has a herbicide-tolerant gene, it means you can spray your herbicides and kill the weeds; you won't kill your corn because it's producing a gene that makes it tolerant of the herbicide.
Jeremy Rifkin
You
Corn
Gene
Weeds
Because
Makes
Spray
Means
Producing
Your
Tolerant
Europe will not accept genetically modified foods. It doesn't make any difference in the final analysis what Brussels does, what Washington does, or what the World Trade Organization does.
Jeremy Rifkin
World
Organization
Will
Analysis
Final
Brussels
Foods
Genetically
Make
Accept
Trade
Does
Trade Organization
Any
Difference
Modified
Europe
Washington
World Trade
World Trade Organization
The electronic media introduced this idea to the larger audience very, very quickly. We spent years and years and years meeting with activists all over Europe to lay the groundwork for a political response, as we did here.
Jeremy Rifkin
Political
Meeting
Spent
Response
Introduced
Lay
Idea
Over
Audience
Years
Years And Years
Very
Quickly
Did
Europe
Groundwork
Electronic
Electronic Media
Activists
Media
Larger
Here
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.
Jeremy Rifkin
Government
Liable
Monsanto
State
State Government
Fact
Long-Term
Industry
Insurance
Insurance Companies
Cover
Covering
Losses
Going
Place
Should
Companies
Here
Liability
So my attorneys brought litigation in the U.S. federal courts. The judge ruled in our favor.
Jeremy Rifkin
Judge
Our
Ruled
Favor
Brought
Federal
Attorneys
Courts
Litigation
The position I took at the time was that we hadn't really examined any of the potential environmental consequences of introducing genetically modified organisms.
Jeremy Rifkin
Environmental
Time
Consequences
Took
Introducing
Examined
Potential
Genetically
Any
Modified
Really
Organisms
Position
It would be helpful if someone would lay out exactly the economic mechanism that gets us from yet lower interest rates to actual economic activity.
Jerry A. Webman
Out
Would
Would-Be
Exactly
Someone
Rates
Economic
Economic Activity
Lay
Gets
Interest
Interest Rates
Us
Lower
Helpful
Mechanism
Activity
Actual
In many cases, the Treasury will get preferred or convertible preferred stock for the money it gives to banks. These shares typically don't have voting rights, possibly to give more of a hands-off appearance to the government.
Jerry A. Webman
Government
Rights
Money
Voting
Will
Possibly
Cases
Give
More
Gives
Shares
Voting Rights
Stock
Get
Banks
Convertible
Preferred
Many
Appearance
Treasury
The political ramifications of our festering financial and economic crisis have reached the sidewalks of New York, as well as other large and small cities across the US.
Jerry A. Webman
Economic Crisis
Financial
Political
Other
Ramifications
Our
Crisis
Cities
Small
Economic
New
Reached
Well
York
New York
Us
Across
Large
So much of what happened to India late last year and early into 2011 is the same story we've seen with other big emerging markets, and that is that investors started to realize that the growth trajectory in India would have to get moderated by tightening policy.
Jerry A. Webman
Seen
Big
Year
Other
Late
Markets
Would
India
Emerging
Investors
Policy
Get
Same
Trajectory
Same Story
Happened
Story
Realize
Much
Growth
Early
Started
Last
Last Year
It's much easier for a middle class Indian entrepreneur to start up a computer company than it is for an Indian company to build roads and transportation systems suitable for a population that is getting wealthier and demanding more basic services.
Jerry A. Webman
Class
Entrepreneur
Demanding
Build
Suitable
Easier
Systems
Indian
More
Computer
Roads
Up
Than
Getting
Middle
Middle Class
Much
Transportation
Company
Population
Basic
Services
Start
Start-Up
A lot of the state-sponsored growth in India was just too fast. You went from cradle to Nirvana in a short period of time.
Jerry A. Webman
Time
You
Too
Nirvana
India
Period
Lot
Cradle
Short
Just
Short Period
Fast
Growth
If the adjustment made by a court can be accepted or not, it will be refused whenever the men can gain more by continuing the strike, with whatever of violence that involves.
John Bates Clark
Will
Made
Men
Whatever
Strike
Adjustment
More
Involves
Court
Accepted
Continuing
Refused
Whenever
Gain
Violence
A laborer no longer makes whole articles. He receives raw materials, puts his touch on them, and passes them to another worker in the series. When the articles are quite finished they are carried out of sight by currents of commercial exchange. These currents are untraceable.
John Bates Clark
Finished
Sight
Carried
Out
Touch
Exchange
He
Raw
Puts
Raw Materials
Longer
Another
Makes
Passes
Materials
His
Laborer
Commercial
Articles
Quite
Currents
Them
Worker
Whole
Series
Receives
If a man were living in isolation his income would be literally his product. Make him the monarch and owner of an island, and the fruits that he raises and the clothing that he makes constitute, in themselves, his income. This ceases to be true when trading begins.
John Bates Clark
Man
Be True
Isolation
Living
Would
Would-Be
Constitute
He
True
Make
Him
Island
Makes
Trading
Were
His
Ceases
Begins
Owner
Clothing
Literally
Fruits
Themselves
Product
Monarch
Income
Raises
The limit is not as narrow as it might be. I do not claim for this action, as it now goes on, an ideal degree of efficiency. What I do claim is that this type of competition already reveals its nature and its ultimate power to hold seeming monopolies in check.
John Bates Clark
Nature
Competition
Degree
Power
Action
Type
Claim
Seeming
Ideal
Check
Limit
Reveals
Narrow
Ultimate
Ultimate Power
Efficiency
Goes
Hold
Might
Now
Monopolies
The market tends to pay as a wage what an individual laborer is worth. But the case last studied suggests the question how accurately the law operates in practice. May it not be an honest law, but be so vitiated in its working as to give a dishonest result?
John Bates Clark
Worth
Law
Result
Practice
Pay
Market
Case
Give
Individual
Tends
Studied
How
Wage
Question
Laborer
Accurately
May
Dishonest
Working
Last
Honest
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.
John Bates Clark
Freedom
Persistence
Competition
Fate
Liberty
Say
One Thing
Individual
Individual Freedom
The One Thing
Which
Mean
Us
Binds
Thing
Guaranteed
Socialism appeals to better classes and has far more strength. Attack the state and you excite feelings of loyalty even among the disaffected classes; but attack the industrial system and appeal to the state, and you may have loyalty in your favor.
John Bates Clark
Strength
Loyalty
You
Socialism
Better
Feelings
State
Favor
System
Classes
More
Attack
Excite
Industrial
May
Far
Your
Appeal
Appeals
Even
Among
We cannot afford to have any large section of the business world in doubt whether they have broken the laws or not, and we cannot let the laws become a dead letter through vagueness. In this view it is clear that an administrative commission can render invaluable service.
John Bates Clark
Service
Broken
Business
World
Become
Doubt
Section
We Cannot
Administrative
Invaluable
Laws
Through
Clear
Render
Dead
Afford
Commission
Any
Cannot
Whether
View
Business World
Large
Letter
Vagueness
In a recent decision of the Supreme Court, not made, however, by the full court, and concurred in by only four justices, it was held that the seller of a patented mimeograph could bind the purchaser to use only his ink in the machine, though the ink was not patented.
John Bates Clark
Decision
Made
Machine
Though
Only
Could
Supreme
Supreme Court
Court
However
His
Seller
Patented
Justices
Held
Use
Full
Bind
Ink
Four
Recent
My parents owned a pharmacy in Budapest, which gave us a comfortable living. As I was their only child, they wanted me to become a pharmacist. But my own preference would have been to study philosophy and mathematics.
John Harsanyi
Mathematics
Me
Parents
Become
Own
Living
Gave
Philosophy
Would
My Own
Only
Only Child
Budapest
Study
Comfortable
Been
Child
Owned
Wanted
Which
Preference
Us
Pharmacist
Pharmacy
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