Securing, not prohibiting, the orderly transfer of wealth from A to B, based on wealth differentials, is the raison d'être of the [New Deal programs]. The contrast between the modern progressive and classical liberal agendas could not be more explicit.
Richard A. EpsteinTag: politics liberal state progressive government finance libertarian conservative
The desire to avoid short-term hardships leads to major dislocations in [housing] markets.
Richard A. EpsteinTag: politics liberal state progressive government finance libertarian conservative
The sense that just about anything goes with the collection of public revenues and the making of public expenditure has contributed mightily to the current malaise.
Richard A. EpsteinTag: politics liberal state progressive government finance libertarian conservative
Hedge funds have made massive leveraged credit bets, knowing that their upside is billions in fees and their downside is millions in fees.
Janet M. TavakoliTag: finance financial-crisis business-quotes hedge-funds structured-finance
Our culture has at its core the idea that more is better. Many of us design our lives around this belief. And yet the underlying qualities that truly affect happiness are not advanced one whit by having more material things. More peace of mind is gained by allowing ourselves to be satisfied with what we already have. More joy is not bought; it is found in our hearts.
Karen RamseyTag: life-lessons finance money-management
The genuine object of debate raised by the [2008 financial] crisis ought to be how to overcome the short-termism to which we have been led by a consumerism intrinsically destructive of all genuine investment in the future, a short-termism which has systematically, and not accidentally, been translated into decomposition of investment into speculation.
Bernard StieglerTag: economics finance investment
The capital amassed in the eighteenth and nineteenth centuries through various forms of slave economy is still in circulation, said De Jong, still bearing interest, increasing many times over and continually burgeoning anew.
W.G. SebaldTag: history capitalism economics slavery finance interest capital economic-history
[Al-Qaeda's supporters] are aware of the cracks in the Western financial system as they are aware of the lines in their own hands
Osama bin LadenYou can make EXCUSES and earn SYMPATHY,
OR
You can make MONEY and earn ADMIRATION.
The choice is always yours...
Tag: money finance financial-freedom
You don't have to be like most people around you, because most people never become truly rich and wealthy.
Manoj AroraTag: rich wealth finance wealthy
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