Nature Quotes
Find one of the best and famous quote catagorized into topics like inspirational, motivations, deep, thoughtful, art, success, passion, frindship, life, love and many more.
If you rent, that's it. You don't have to pay any interest to anybody. You don't have to pay any maintenance costs to anybody. You don't have to worry about whether the boiler is going to break down. While if you own your own home, you have a hundred aggravations.
Quote by -Edmund Phelps
I'm hoping that the administration and other thought leaders will succeed eventually in bringing the country back to the older idea that the American dream is having a career, getting a job, and getting involved in it, and doing well. That was the core of the good life.
Quote by -Edmund Phelps
In countries operating a largely capitalist system, there does not appear to be a wide understanding among its actors and overseers of either its advantages or its hazards.
Quote by -Edmund Phelps
Capitalist systems function less well without state protection of investors, lenders, and companies against monopoly, deception, and fraud.
Quote by -Edmund Phelps
In essence, capitalist systems are a mechanism by which economies may generate growth in knowledge - with much uncertainty in the process, owing to the incompleteness of knowledge.
Quote by -Edmund Phelps
Entrepreneurs have only the murkiest picture of the future in which they are making their bets, and also there is ambiguity: they don't know when they push this lever or that lever that the outcome is going to be what they think it is going to be - there is the law of unanticipated consequences.
Quote by -Edmund Phelps
I just think that the Europeans are depriving themselves of a high-employment economy, and they are depriving themselves of intellectual stimulation in the workplace - and personal growth - by sticking to the stultifying, rigid system that I call corporatism.
Quote by -Edmund Phelps
My God, I don't know anyone who likes to accumulate their wealth more than the Europeans.
Quote by -Edmund Phelps
Without being aware, I think I was being indoctrinated into what was called Vitalism, the idea that what makes life worth living, the good life, consists of accepting challenges, solving problems, discovery, personal growth, personal change.
Quote by -Edmund Phelps
There would be plenty of justification to raise revenues in order to subsidize businesses that employ low-wage workers. But there can be no justification for pandering to the economy's entire bottom half merely to attract its votes.
Quote by -Edmund Phelps
To pump up consumer or government demand would force interest rates up and asset prices down, possibly by enough to destroy more jobs than are created.
Quote by -Edmund Phelps
The fallacy of the neoclassicals is their tenet that total employment, though hit by shocks, can be said always to be heading back to some normal level.
Quote by -Edmund Phelps
Economics has paid a terrible price for its dalliances with the Keynesian and neoclassical theories.
Quote by -Edmund Phelps
The need to encourage entrepreneurship and ensure that young people have the opportunity to start new businesses is acute.
Quote by -Edmund Phelps
Narrow banks could restart effective intermediation and ensure that consumers and employment-creating small and medium-size enterprises are adequately financed and can contribute to the reactivation of the economy.
Quote by -Edmund Phelps
I would like to see people dreaming of striking out on their own into some other country or their own, wherever they feel the action is, in the hope of an exciting and rewarding career.
Quote by -Edmund Phelps
Overpaying the banks for their toxic assets could contribute capital, but that may not be politically feasible or attractive.
Quote by -Edmund Phelps
To prosper and advance, the American business sector is going to need a financial system oriented toward business, not 'home ownership.'
Quote by -Edmund Phelps
Mass prosperity came with the mass innovation that sprung up in 1815 in Britain, soon after in America, and later in Germany and France: It brought sustained growth to these nations - also to nations with entrepreneurs willing and able to copy the innovations.
Quote by -Edmund Phelps
What brought mass innovation to a nation was not scientific advances - its own or others' - but 'economic dynamism': the desire and the space to innovate.
Quote by -Edmund Phelps
Corporatist attitudes against capitalism came to the fore in the 1920s. Corporatists, with their conservative values, hated the invasion of towns and regions by new businesses, upsetting traditional ways, wealth and status.
Quote by -Edmund Phelps
An indictment of entitlements has to focus on the huge 'social wealth' that the welfare state creates at the stroke of the pen. Yet statistical tests of the effects of welfare spending on employment yield erratic results.
Quote by -Edmund Phelps
Germany, Italy and France appear to possess less dynamism than do the U.S. and the others.
Quote by -Edmund Phelps
Entrepreneurs' willingness to innovate or just to invest - and thus create new jobs - is driven by their 'animal spirits,' as they decide whether to leap into the void.
Quote by -Edmund Phelps
The celebration of homeownership seems to be part of a countermovement against popular owning of shares in corporations.
Quote by -Edmund Phelps
I'm not attacking the idea that people live in conglomerations of houses in proximity to one another, sharing the same water mains and the same newspaper delivery boy and so forth. I'm not objecting to that. That could happen with or without homeownership.
Quote by -Edmund Phelps
I grew up thinking that renting is perfectly normal. And then, strangely enough, I never did buy a house. I live in New York City, and I'm still renting. My own personal narrative shows that it is possible to live a respectable life without ever having owned a home.
Quote by -Edmund Phelps
I grew up, until age 6, in Chicago. My parents rented their apartment and, at the end of the Depression, my parents wanted to replicate that situation. So, again, we lived in a somewhat suburban setting outside of New York City, and again, they rented.
Quote by -Edmund Phelps
The climate crisis is both the easiest and the hardest issue we have ever faced. The easiest because we know what we must do. We must stop the emissions of greenhouse gases. The hardest because our current economics are still totally dependent on burning fossil fuels, and thereby destroying ecosystems in order to create everlasting economic growth.
Quote by -Greta Thunburg
We should no longer measure our wealth and success in the graph that shows economic growth, but in the curve that shows the emissions of greenhouse gases.
Quote by -Greta Thunburg
I'm telling you there is hope. I have seen it, but it does not come from the governments or corporations. It comes from the people.
Quote by -Greta Thunburg
We are living in the beginning of a mass extinction and our climate is breaking down.
Quote by -Greta Thunburg
Once we start to act, hope is everywhere. So instead of looking for hope, look for action. Then, and only then, hope will come.
Quote by -Greta Thunburg
We all have a choice. We can create transformational action that will safeguard the living conditions for future generations. Or we can continue with our business as usual and fail.
Quote by -Greta Thunburg
We can't just continue living as if there was no tomorrow, because there is a tomorrow.
Quote by -Greta Thunburg
There are thousands of ways to take action. For example, plant trees, pick up litter, join an organisation or movement that makes a difference and especially try to influence adults and put pressure on people in power.
Quote by -Greta Thunburg
We should not underestimate ourselves, because if lots of individuals go together then we can accomplish almost anything.
Quote by -Greta Thunburg
To do your best is no longer good enough. We now have to do the seemingly impossible.
Quote by -Greta Thunburg
The real danger is not inaction. The real danger is when politicians and CEOs are making it look like action is happening when in fact nothing is being done.
Quote by -Greta Thunburg
Before I started school striking I had no energy, no friends and I didn't speak to anyone. I just sat alone at home, with an eating disorder. All of that is gone now, since I have found a meaning, in a world that sometimes seems shallow and meaningless to so many people.
Quote by -Greta Thunburg
I remember when I was younger, and in school, our teachers showed us films of plastic in the ocean, starving polar bears and so on. I cried through all the movies. My classmates were concerned when they watched the film, but when it stopped, they started thinking about other things. I couldn't do that. Those pictures were stuck in my head.
Quote by -Greta Thunburg
Social media can be very effective in creating movements. In the beginning, that is how I first got attention.
Quote by -Greta Thunburg
I don't care about hate and threats from climate crisis deniers. I just ignore them.
Quote by -Greta Thunburg
At places like Davos, people like to tell success stories. But their financial success has come with an unthinkable price tag. And on climate change, we have to acknowledge we have failed.
Quote by -Greta Thunburg
For 25 years countless people have come to the U.N. climate conferences begging our world leaders to stop emissions and clearly that has not worked as emissions are continuing to rise. So I will not beg the world leaders to care for our future. I will instead let them know change is coming whether they like it or not.
Quote by -Greta Thunburg