Robert E. Rubin Quotes


The key to economic development is less in government aid, but in having a climate that will attract private capital….Free market development is the key to economic prosperity in the world.


Citations

Robert E. Rubin, Secretary of the Treasury (Democrat), Assistant to the President for Economic Affairs (Democrat), Lecture, “Political & Economic Effects of the Marshall Plan”, George Washington University, Washington DC, June 2, 1997

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Related Quotes

During the revolution against apartheid, a number of communist organizations allied themselves with the ANC against the White minority regime. A few of the communist leaders rose and became officials of the ANC. The vast majority of the ANC supported private enterprise with the kind of socialist aspects that were then typical of the Scandinavian countries, Germany and even France. Mandela, before the successful ousting of the Apartheid held a number of communist ideas and principles as the “capitalists” were making money from the apartheid system and there would support the status quo, However, he had a change of heart and mind regarding private enterprise after the successful effort to end white minority rule. He was good to his word, and even after he retired, the ANC and the government maintained pro private enterprise policies.


Robert E. Rubin
Robert E. Rubin
  • Born: August 29, 1938
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Robert Edward Rubin is an American retired banking executive, lawyer, and former U.S. presidential cabinet member. He served as the 70th United States Secretary of the Treasury during the Clinton administration. Before his government service, he spent 26 years at Goldman Sachs, eventually serving as a member of the board and co-chairman from 1990 to 1992.