Peter Blair Henry Quotes
I think that whether you're on the right or on the left as an economist or as a policy maker, every serious analyst I know agrees that at some point you have to deal with entitlements.
Henry, Peter Blair. Turnaround: Third World Lessons for First World Growth. Basic Books, 2013.
With entitlement programs, Congress and the Administration have very little control over the annual expenditures because once someone is legally entitled to a benefit, the government must pay it. It is not a matter of discretion but an obligation.
Peter Blair Henry, an economist, was the ninth Dean of New York University's Leonard N. Stern School of Business, and William R. Berkley Professor of Economics and Business, and author of TURNAROUND: Third World Lessons for First World Growth . Previously, he was the Konosuke Matsushita Professor of International Economics at Stanford University.