I think it could have real changing effects on the financial markets of our country, it could cause investors to think more about real rates of return and that in turn could spawn new kinds of products.
But the broader lesson of the first Industrial Revolution is more like the Indy 500 than John Henry: economic progress comes from constant innovation in which people race with machines. Human and machine collaborate together in a race to produce more, to capture markets, and to beat other teams of humans and machines.
People do, as long as you have markets, you'll have excesses.
I think we will have continuing danger from these markets and that we will have repeats of the financial crisis - [they] may differ in details but there will be significant financial downturns and disasters attributed to this regulatory gap, over and over, until we learn from experience
How much greater would their contributions to the U. S. economy be if U. S. copyright owners could access foreign markets otherwise dominated by pirate product?
Many of the enchanted things in the book are lamps, carpets, sofas, gems, brass rings. It is a rather different landscape than the fairy tale landscape of the West. Though we have interiors and palaces, we don't have bustling cities, and there isn't the emphasis on the artisan making things. The ambiance from which they were written was an entirely different one. The Arabian Nights comes out of a huge world of markets and trade. Cairo, Basra, Damascus: trades and skills.
The practice of soulful travel is to discover the overlapping point between history and everyday life, the way to find the essence of every place, every day: in the markets, small chapels, out-of-the-way parks, craft shops. Curiosity about the extraordinary in the ordinary moves the heart of the traveler intent on seeing behind the veil of tourism.
The full consequences of a default or even the serious prospect of default by the United States are impossible to predict and awesome to contemplate. Denigration of the full faith and credit of the United States would have substantial effects on the domestic financial markets and on the value of the dollar in exchange markets. The Nation can ill afford to allow such a result. The risks, the cost, the disruptions, and the incalculable damage lead me to but one conclusion: the Senate must pass this legislation before the Congress adjourns.
The problem isn't that conservatives are wrong about the efficiency of markets or the creativity of enterprise. It's that they have made false idols of both, usually without acknowledging that markets work best when well regulated, that private enterprise cannot meet every human need, that government has always played a critical role in our economy, and that the profit motive can be socially and environmentally destructive as well as dynamic.
Markets are too complex to manipulate beneficially.
Without the right tools, we can't police our markets from illegal trade.
The single most significant change has been the globalization of labor markets. Product markets - trade in goods - have been globalizing for years. But now, with the reduction in communication expenses and the building of all sorts of IT infrastructure, essentially any job can be done almost anywhere.
Capital markets reward you for what you learn that other people have yet to ascertain.
And it seems people should not build houses anymore it seems people should stop working and sit in small rooms on second floors under electric lights without shades; it seems there is a lot to forget and a lot not to do and in drugstores, markets, bars, the people are tired, they do not want to move, and I stand there at night and look through this house and the house does not want to be built
My father was a prosperous hatter-farmer - making hats for the local markets during the winter months, tilling his little ten-acre farm during the summer time.
Frankly, I don't see markets; I see risks, rewards, and money.
Companies need connections to their markets to create long-term loyalty.
It seems strange to make a priori arguments about the relative performance of governments and the markets in health care when there is so much empirical evidence.
Nowadays rap artists coming half-hearted, Commercial like pop, or underground like black markets. Where were you the day hip-hop died? Is it too early to mourn? Is it too late to ride?
Markets can remain irrational longer than you can remain solvent.