Economist Quotes

If you don't have collective agreements between unions and employers, governments have to legislate more.
My presidential victory, if it had happened, would have been artificial in relation to the Socialist party. It may be that on my deathbed, I will come to regret my decision, but for the moment, I live at peace with it.
My problem is how to find the best way of being useful.
The countries that share this conception should be able to go further together, without excluding the others, since they can still live in a greater community of exchange and co-operation.
The driving force behind the liberal counter-offensive in Europe has been a reaction against irresponsibility.
The European model is in danger if we obliterate the principle of personal responsibility.
The European model is, first, a social and economic system founded on the role of the market, for no computer in the world can process information better than the market.
The problem of how we finance the welfare state should not obscure a separate issue: if each person thinks he has an inalienable right to welfare, no matter what happens to the world, that's not equity, it's just creating a society where you can't ask anything of people.
The problem with a purely collective system is not only that it requires economic growth, and the right sort of demographic trends, but that it prevents people thinking about their futures in a responsible way.
The unions may continue to decline, but if they do, it'll be their fault.
The unions still have a job to do, representing their members' interests to governments and parliaments. And I think collective agreements still have a role, alongside markets and laws.
Therefore one should speak at the same time of national citizenship and wider European citizenship.
These days there are not enough of such intermediary groups, between the state and the individual, with the result that political leaders are often unduly guided by opinion polls.
This desire for equity must not lead to an excess of welfare, where nobody is responsible for anything.
This weakening is worsened by the widening distance between the governed and their governments.
We have to struggle against the conservatives from all sides, not only the right-wingers, but also the left-wing conservatives who don't want to change anything.
Yes, the European model remains superior to that of America and Japan.
After the outbreak of war, in April 1940, we left Geneva with our three children aged 4 years, 2 years and 2 weeks only to become part of the disordered refugee crowds fleeing across France from the German army.
But my shift to the serious study of economics gradually weakened my belief in Major Douglas's A+B theorem, which was replaced in my thought by the expression MV = PT.
From 1931 to 1937, I was a Fellow and Lecturer in Economics at Hertford College, Oxford.
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