Ahmed Zewail Quotes

Every Congressman, every Senator knows precisely what causes inflation...but can't, support the drastic reforms to stop it because it could cost him his job

I want to end austerity.

The whole New Deal was in a sense just a series of public options, some more optional than others, that offered government as an alternative to the often-flawed private market.

The president's grand experiment in trickle-down government has held back rather than sped economic recovery. He seems to sincerely believe we can build a middle class out of government jobs paid for with borrowed dollars.

That means following a very restrictive fiscal and monetary policy which will squeeze the monopolies and cut their subsidies. On the micro level we will allow other economic agents, both domestic and foreign, to compete with them.

In a normal time, I don't think economic policy makes a large difference one way or another. But in times of crisis it makes all the difference in the world.

And taking more money out of the private economy and having the government perform as it has poorly done with the stimulus I don't think is the right way to go.

While I am a fervent believer in free markets and limited government, there are rare instances in which government involvement is necessary.

Republicans believe largely in the market working, Democrats believe stereotypically that you've got to give people something. So why not give people a chance to let the market work for them.

When you stop and look at so much of the kind of activism that has been triggered, the Tea Party and the like, as a result of Obama's efforts - TARP, the stimulus package, and now the health care reform - there is a lot of sense this government is changing.

The more we can do to address fiscal austerity, the better our markets will do, and there is a real political shift to doing that.

Discussions of the economy, especially during times of crisis, are often framed in terms of lessons we supposedly learned during the Depression of the 1930s. If we are not to endure terrible times like those again, we are told, we must support whatever form of state intervention is currently being peddled.

To me, providing a new economic way forward is of utmost urgency and will be of foremost importance for the new DPP administration if I am elected.

Devolutionary reform will not provide a factory, a machine or jobs, build a school, train a doctor or put a pound on pensions.

What the government gives it must first take away.

Liberals believe government should take people's earnings to give to poor people. Conservatives disagree. They think government should confiscate people's earnings and give them to farmers and insolvent banks.

Government has a perfect right, indeed a duty, to intervene in the economy in the name of justice, ecology, strategic interests, full employment, or other public goods in which the market has and can have no interest.

I reject the advice of those who think the only way to fight inflation is to throw millions of people out of work .... I guarantee you that I will not fight inflation with your jobs.

The way to get elected was to keep the market economy humming while cushioning people against its inevitable risks through ever more lavish social programs.

The division of responsibility between economics and politics is indeed one of the most difficult dilemmas with which we are confronted. "Give me a sound economic position, and I will pursue a sound policy", says the Statesman. "How can I pursue a sound policy", says the Economist, "if you do not give me a sound political position?”

Austerity: The History of a Dangerous Idea.

I have a lot of sympathy for every ailing economy …. The question is not whether you have sympathy. The question is what would be the right measure to help alleviate the situation.

I was involved in the 'reformicon' effort in 2013-2014, which was explicitly, 'We can't just Xerox Reagan.' In the spirit of Reagan, actually, we could rethink things - maybe we need to think more about job-training programs, earned income tax credit, adjust the tax code.

Things swept so badly that I had distrust - after 1967, let's say - of American Keynesianism. For better or worse, U.S. Keynesianism was so far ahead of where it started. I am a cafeteria Keynesian.

Nationalizing businesses, nationalizing banks, is not a solution for the democratic party, it's the objective.