Nathan Myhrvold Quotes

The one thing you learn from looking at places like Afghanistan is that the power of business to do good is enormous.

In Africa today, we recognise that trade and investment, and not aid, are pillars of development.

In the early 1990s, when a lot of the developing world opened up to international capital flows... they ended up in very good long-term projects, but projects that weren't going to pay off for five or 10 or 20 years.

The way forward for Africa is investment.

Countries should think of Haiti not as a place where to do charity but a place where to invest and do business. And doing business in Haiti means poverty reduction.

Iraq is short on capital, short on electricity, and short on management expertise, but it does not lack economic enthusiasm.

Cities are responsible for the vast majority of the creation of the economy. They're also places into which we pour the vast majority of resources, the vast majority of energy and the places where a huge percentage of the decisions about how systems are built and how products designed, etc., happen.

If you want to help the poor and our next generation, make investment, reinvestment and businesses welcome.

I would say as emphatically as I can that private enterprise—local and foreign—must respond if the Alliance [for Progress] is to succeed .... [it] must respond by building the factories, the marketing and the service companies which are the manifestations of mature, developed economies. If the private sector fails, then our own public aid programs will have little effect.

Future prosperity will be built on private sector growth.

The most important thing for Africa is that whoever wants to invest in our countries should start in manufacturing.

To have a stable economy, to have a stable democracy, and to have a modern government is not enough. We have to build new pillars of development. Education, science and technology, innovation and entrepreneurship, and more equality.

Entrepreneurship, entrepreneurship, entrepreneurship. It drives everything: Job creation, poverty alleviation, innovation.

People understand what is good for them in the long run. In the long run, what is good for people is that India's economy continues to grow at clipping pace, 8% and above, that itself brings host of benefits to the people. It brings better roads, it brings better schools, brings more money to the communities, it brings more jobs.

To create jobs, a modern economy requires modern investments.

India needs to sustain its high growth rate.

My hope is that countries like Morocco will have investment to create work, so people don't have to leave.

I responded that we needed a private sector to improve the market situation and make peoples lives easier.

Egypt has great potential because of the latent power of its human capital.

Business is one of the most powerful institutions on Earth for creating wealth and opportunity and helping to lift people out of poverty. When you think about it that way, then business is not separate from development policy.

If I care about poverty, I have to care a lot about investments in the private sector. The private sector creates the vast majority of jobs in the world, and social protection only goes so far.

This is my first visit to Africa, a region where President Bush has voiced a deep passion for fostering and encouraging economic development, investment and trade.

Haiti is open for business!

... a better government: more complete security of property; moderate taxes; a more permanent ... tenure of land ... the introduction of foreign arts ... and the introduction of foreign capital, which renders the increase of production no longer exclusively on the thrift or providence of the inhabitants themselves.

It’s the private sector that produces the jobs, but the private sector needs roads and an educated workforce.