Rudy Giuliani Quotes

The corporate welfare state derived from an approach to economic development which worships at the shrine of the gross national product.

In 10 years, ... you're going to see the most valuable economy in the world -- the largest economy in the world -- is going to be a country run by communists. The Chinese seem to be very good at capitalism. And this is going to have fundamental problems and present an identity crisis for the United States. Because for a long time, free markets coincided with liberties such as free speech, free press, free religion. And all of a sudden, this equation is going to be decoupled. And when it gets decoupled, we might find that democracy, the multitude of voices, actually impedes capitalism because a state that does not have any pretense of limited government can very quickly mandate a regulatory framework for drones, for electric cars, for self-driving cars, for any new innovation where they feel that they can leapfrog Western societies. And this is a very unique thing in the American experience. And this is why it's very important to think of American capitalism as an operating system and not as an ideology. Because when you think about it as an ideology, you can have good politics make for very, very bad policy. That market outcomes and democratic voices and battles for votes can end up stifling progress.

It's the economy, stupid.

Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.

People confuse economists and economic policy.

The economy controls the politicians far more than the politicians control the economy.

To reduce inequality, employment must be sustained by appropriate macroeconomic policy.

The problem is that once we focus on economic policy, much that is not science comes into play. Politics becomes involved, and political posturing is amply rewarded by public attention.

Federal policies must understand the linkages between economic growth, social mobility, and a strong middle class.

You cannot be driven by the polls. The polls change all the time; they're easily manipulated by whoever wants to ask those poll questions; they go up; they go down.

I think the market driven economic system is the most productive system, but to have that work in the world, you've got to also have social investments to go along with that.

I don't imagine Heads of Government would ever be able to say I'm not an economist therefore I can't take decisions on matters of the economy; I'm not a soldier I can't take decisions on matters of defence; I'm not an educationist so I can't take decisions about education.

I am not a politician but I have dedicated the biggest part of my professional life to economic policy both in Greece and Europe.

There is a big divergence between views on a variety of policy issues from fiscal stimulus to financial regulation. It's my hope and my ambition for the economics profession that as we advance our knowledge, that those discussions will narrow in their focus, and that it will help to have more prudent policy-making down the road.

The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.

In Oxford before the war, I had, with this interest in mind, written a short textbook entitled, An Introduction to Economic Analysis and Policy. It was now my intention to rewrite this work.

Every nation has to follow a certain policy: Commercial, trade, various other types of policies.

I went back to graduate school with the clear intention that what I wanted to do with my life was to improve societies, and the way to do that was to find out what made economies work the way they did or fail to work.

Because we believe that you got to build the economy from middle out and not from the top down.

Many developing countries are enjoying demographic changes. They have a younger demographic composition so they're not burdened by legacy policy. Now, if you combine this with a good macro policy and ambitious structural policy, those countries are able to move more flexibly and be more agile.

The last thing you want to do is read the latest poll and then make policy.

When politicians try to govern by raising a wet finger to the wind or on the basis of public opinion polling, the public gets to think that all leaders are interchangeable.

Policy designed to make the nation grow must build upon and must not frustrate the instinct of most Canadians to build a stake for themselves.

The insecurity of property in Ireland, whether real or supposed … prevents the English or Scotch capitalist from transmitting materials to be manufactured in Ireland.

Politicians livelihoods depend on what people think.