Ibn Khaldun Quotes

We need to stop thinking about infrastructure as an economic stimulant and start thinking about it as a strategy. Economic stimulants produce Bridges to Nowhere. Strategic investment in infrastructure produces a foundation for long-term growth.

If we do not make tough decisions now, future Americans will have to make even tougher ones.

Economy is the method by which we prepare today to afford the improvements of tomorrow.

Such forms of wealth as gold, silver, precious stones are only minerals and products having an exchange value. It is social effort, the search for profit and the use of tools that cause the increase or decrease of the quantity of precious metals in circulation and hence, the real wealth of a King

I am still fairly confident we will come out better than the West in terms of our overall development versus damage.

Corporate responsibility extends not only to the customers, the resources and the workers of the present, but also to those of the future.

Macau is limited in size and land is expensive, so gaming and leisure development must be more efficient. We follow a very conservative financial strategy.

Never, ever invest money that you will need prior to three to five years - minimum.

I believe Mexico should dedicate 100% of its oil revenues to developing human capital and technological development. None of us politicians should be able to touch that money.

And one of the things we did here was we put the maximum amount of money up front in those cities that were at the greater risk, but that doesn't mean that we keep rebuilding the same security over and over again.

Deficit reduction is not an end in itself. It is the means to an end. Canadians must now decide what kind of country they want to build with the hard-won dividend.

Sustainability is a very tough thing in our government because there are so many different competing priorities.

It’s better to spend the money we have now more wisely than to spend a lot more money after the fact on the dysfunction we’ve created.

We're starting to realize the limitations of oil income, that you can't live the life of Riley forever.

The idea that only a limited number of people can live in a country is profound illusion. It all depends on their cooperative and inventive power.

A large civilization yields large profits [earnings] because of' the large amount of [available] labor which is the cause of profit.

People who, whether they inhabit the desert or settled areas and cities, live a life of abundance and have all the good things to eat, die more quickly than others when a drought or famine comes upon them

People and plenty are commonly the begetters the one of the other, if rightly ordered.

Except for a few oil-rich countries, no developing country has successfully modernized without slowing population growth.

When the times were good, many leaders neglected to keep pushing reforms and to invest profits wisely. As a consequence, their nations are now struggling to sustain growth.

The next president is going to be faced with the prospect of realigning our national security interests with our resources—–and for God's sake, getting some certainty into the budget process so we can actually plan.... Instead, we tend to look at things one year at a time.

We should not be strangling ourselves economically by not utilizing the resources we have been given or by putting them off-limits.

We can't just live as rentiers off the oil fund.

In order to encourage private investors to pursue long-term, responsible projects, governments need to promote consistent policies and frameworks.

The great challenge of the 21st century is to provide good standards of living for 7 billion people without depleting the earth's resources or running up massive levels of public debt. To achieve this, government and business alike will need to find new models of growth that are in both environmental and economic balance.