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Quotes by Economists
Urbanization has relied on land conversion and land financing, which is causing urban sprawl and, on occasion, ghost towns and waste.
Sri Mulyani Indrawati
Ghost
Financing
Towns
Occasion
Causing
Which
Conversion
Urban
Land
Waste
In many countries, laws still work to women's disadvantage - for example, by requiring married women to obtain their husbands' permission to register a business, own property, or work.
Sri Mulyani Indrawati
Work
Property
Business
Women
Example
Own
Married
Husbands
Laws
Disadvantage
Countries
For Example
Obtain
Permission
Still
Register
Requiring
Many
Paternalistic regulations often prohibit women from holding jobs in certain industries: In the Russian Federation, women cannot drive trucks in the agriculture sector; in Belarus, they cannot be carpenters; in Kazakhstan, they cannot be welders.
Sri Mulyani Indrawati
Women
Agriculture
Drive
Holding
Prohibit
Sector
Jobs
Russian
Federation
Trucks
Industries
Often
Cannot
Certain
Regulations
New leaders must also expect and manage setbacks. In post-revolutionary times, expectations are high, and the obstacles to meeting them are enormous.
Sri Mulyani Indrawati
Enormous
Meeting
High
Must
Leaders
New
Obstacles
Also
Times
Expect
Expectations
Manage
Them
Setbacks
Economic success without accountability and social inclusion is not sustainable, and new governments often must face tough choices in order to protect the poor and vulnerable.
Sri Mulyani Indrawati
Success
Face
Tough
Accountability
Must
Tough Choices
Economic
New
Protect
Vulnerable
Without
Governments
Often
Order
Sustainable
Social
Poor
Choices
Inclusion
Between 1995 and 2009, Western Europe's entrepreneurs created jobs faster than the U.S. did, and European economies exported more than the BRIC countries of Brazil, Russia, India and China. Eastern Europe's productivity increased more rapidly than East Asia's.
Sri Mulyani Indrawati
Brazil
Faster
Increased
East
Jobs
Rapidly
Eastern
India
Russia
More
Entrepreneurs
Between
Countries
Economies
Western
Than
Did
China
Asia
Created
Productivity
Europe
European
Asia can learn much from Europe. Trade could be made easier in Asia, and the conditions for doing business could be improved by reducing red tape. In this regard, Hong Kong, Singapore and South Korea have done better than the best in Europe.
Sri Mulyani Indrawati
Best
Business
Better
Made
Hong Kong
Easier
Could
Red
Red Tape
Singapore
Learn
Trade
Kong
Korea
Reducing
Doing
Tape
South
Conditions
South Korea
Than
Improved
Done
Regard
Asia
Much
Europe
Over time, Europeans have come to rely on governments to protect them from the rougher facets of private enterprise and to look after them in old age.
Sri Mulyani Indrawati
Time
Age
Old
Old Age
Enterprise
Facets
Rely
Over
Come
Look
Protect
Private
Private Enterprise
Governments
After
Them
Europeans
While prosperity and longevity arrive together, they cannot be treated the same. With greater wealth, people in Asia may not have to work as many hours as they do now. But living longer means they will have to work more years, not fewer.
Sri Mulyani Indrawati
Work
Together
People
Wealth
Prosperity
Will
Living
More
Longer
Longevity
Hours
Greater
Arrive
Years
Same
Fewer
May
Cannot
While
Asia
Means
Many
Now
Treated
I think the implications for the rise of China are huge in terms of the political landscape, economic balance, de-velopment thinking, and the environment.
Sri Mulyani Indrawati
Balance
Political
Think
Thinking
Rise
Economic
Environment
Implications
Terms
Huge
China
Landscape
I detest life-insurance agents: they always argue that I shall some day die, which is not so.
Stephen Leacock
Death
Day
Some
Shall
Detest
Argue
Always
Die
Which
Agents
The landlady of a boarding-house is a parallelogram - that is, an oblong angular figure, which cannot be described, but which is equal to anything.
Stephen Leacock
Angular
Equal
Anything
Cannot
Which
Landlady
Figure
The Lord said 'let there be wheat' and Saskatchewan was born.
Stephen Leacock
Born
Said
Lord
Wheat
I am a great believer in luck, and I find the harder I work the more I have of it.
Stephen Leacock
Work
Great
Luck
Great Believer
Find
More
Am
Believer
Harder
Chance
The classics are only primitive literature. They belong to the same class as primitive machinery and primitive music and primitive medicine.
Stephen Leacock
Music
Class
Medicine
Machinery
Classics
Only
Primitive
Same
Literature
Belong
Each section of the British Isles has its own way of laughing, except Wales, which doesn't.
Stephen Leacock
Own
Way
Section
Laughing
Except
Wales
Which
Each
British
On the same bill and on the same side of it there should not be two charges for the same thing.
Stephen Leacock
Same Thing
Side
Charges
Same
Should
Bill
Thing
Two
We think of the noble object for which the professor appears tonight, we may be assured that the Lord will forgive any one who will laugh at the professor.
Stephen Leacock
Will
Think
Assured
Laugh
Object
Noble
Lord
Forgive
Any
May
Which
Who
Appears
Professor
Tonight
In January 2013, one could buy a Bitcoin for about $13. By late November, one Bitcoin would have set a buyer back over $1100.
Steve Hanke
Buy
Bitcoin
November
Late
Back
Would
About
Could
Over
January
Buyer
Set
Although floating and fixed rates appear dissimilar, they are members of the same freemarket family. Both operate without exchange controls and are free-market mechanisms for balance-of-payment adjustments.
Steve Hanke
Family
Dissimilar
Members
Adjustment
Rates
Both
Exchange
Operate
Although
Without
Fixed
Same
Controls
Appear
Mechanisms
Floating
There is always the potential for a central bank to engage in discretionary monetary policy and to break the one-to-one link between changes in foreign reserves and changes in the money supply.
Steve Hanke
Money
Changes
Potential
Supply
Between
Policy
Always
Foreign
Link
Discretionary
Bank
Break
Central
Central Bank
Engage
Reserves
Monetary
Monetary Policy
It turns out that the rich are much better placed to feed at the public trough. The poor get crumbs.
Steve Hanke
Better
Rich
Out
Feed
Crumbs
Get
Placed
Public
Poor
Much
Turns
In Argentina, if the weather is bad, critics will blame it on the currency board.
Steve Hanke
Blame
Will
Weather
Bad
Critics
Argentina
Currency
Board
If you squeeze and squeeze, and you don't allow the Iranians to sell any oil, then what do they have to lose by shutting the Strait of Hormuz down? And if they do that, that's 35% of all the world's oil that comes through the strait and 20% of the liquefied natural gas in the world.
Steve Hanke
You
Natural
World
Lose
Down
Through
Allow
Iranians
Sell
Squeeze
Any
Oil
Natural Gas
Then
Strait
Gas
Shutting
High mandated minimum wages will throw people out of work and onto the welfare rolls in cases where unemployment benefits exist. When it comes to welfare payments, they obey the laws of economics, too. Indeed, if something - like unemployment - is subsidized, more of it will be produced.
Steve Hanke
Work
People
Benefits
Obey
Welfare
Will
Economics
Too
Indeed
Out
Minimum
High
Cases
Something
Laws
More
Onto
Throw
Like
Wages
Exist
Unemployment
Unemployment Benefits
Subsidized
Rolls
Where
Produced
Payments
Following its recognition as a state in 1832, Greece spent most of the remainder of the 19th century under the control of creditors. The pattern started with a default in 1832. In consequence, Greece's finances were put under French administration.
Steve Hanke
Control
State
Spent
Finances
Recognition
Administration
Following
Put
Most
French
Were
Greece
Pattern
Century
Default
Creditors
Started
Consequence
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