Quotes About Policy

The Indian government wants foreign investment but ignore the basic expectations that come with it. Hence

The best things in life are free, but sooner or later the government will find a way to tax them.

There may be liberty and justice for all, but there are tax breaks only for some.

Capital punishment — the income tax.

Back then, government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.

The crime of taxation is not in the taking of it, it's in the way that it's spent.

For the world to follow, we must do more than rattle our sabers and demand allegiance to our vision simply because we believe we are right. We must provide a reason for others to aspire to that vision. And that reason must come with more than the repetition of a bumper-sticker phrase about freedom and democracy. It must come with more than the restatement of failed policy. It must come with the wisdom to admit when we are wrong and resolve to change course and get it right.

Put a good tax on beer and that would take care of the unemployment fund.

An "acceptable" level of unemployment means that the government economist to whom it is acceptable still has a job.

The way to win an atomic war is to make certain it never starts.

I have a scheme for stopping war. It's this — no nation is allowed to enter a war till they have paid for the last one.

This would nevertheless require a courageous change of attitude on the part of political leaders.

Unquestionably, there is progress. The average American now pays out twice as much in taxes as he formerly got in wages.

The U.S. imperialists supply armaments to their henchmen to massacre the Indochinese peoples. They dump their goods in Indochina to prevent the development of local handicrafts. Their pornographic culture depraves the youth in areas placed under their control. They follow the policy of buying up, deluding and dividing our people. They strive to turn some bad elements into U.S. agents that they use for the conquest of our country.

Free trade economists have to explain how free trade can be an explanation for the economic success of today's rich countries, when it simply had not been practised very much before they became rich.

Our story of bus drivers reveals the existence of the proverbial elephant in the room. It shows that the living standards of the huge majority of people in rich countries critically depend on the existence of the most draconian control over their labour markets – immigration control.

The importance of international trade for economic development cannot be overemphasized. But free trade is not the best path to economic development. Trade helps economic development only when the country employs a mixture of protection and open trade, constantly adjusting it according to its changing needs and capabilities. Trade is simply too important for economic development to be left to free trade economists.

It was only after the Second World War, when the US became top dog and liberalized its trade, that countries like France came to look protectionist.

It shows that the living standards of the huge majority of people in rich countries critically depend on the existence of the most draconian control over their labour markets – immigration control. Despite this, immigration control is invisible to many and deliberately ignored by others, when they talk about the virtues of the free market.

Free trade economists have to explain how free trade can be an explanation for the economic success of today's rich countries, when it simply had not been practised very much before they became rich.

The Korean economic miracle was the result of a clever and pragmatic mixture of market incentives and state direction. The Korean government did not vanquish the market as the communist states did. However, it did not have blind faith in the free market either. While it took markets seriously, the Korean strategy recognized that they often need to be corrected through policy intervention.

It was only after the Second World War that the US – with its industrial supremacy now unchallenged – liberalized its trade and started championing the cause of free trade.

Now, if it was only Korea that became rich through such 'heretical' policies, the free-market gurus might be able to dismiss it as merely the exception that proves the rule. However, Korea is no exception. As I shall show later, practically all of today's developed countries, including Britain and the US, the supposed homes of the free market and free trade, have become rich on the basis of policy recipes that go against the orthodoxy of neo-liberal economics.

There is no such thing as free market. All markets are created and have rules and regulations.