Europe's immigration policy is a disaster - and for reasons that transcend the idiocy of allowing the free influx of young male Muslims from a premodern, war-torn Middle East into a postmodern, pacifist, and post-Christian Europe. Europe has not been a continent of immigrants since the Middle Ages. It lacks the ingredients necessary to assimilate, integrate, and intermarry large numbers of newcomers each year: There is no dynamic and fluid economy, no confidence in its own values, no belief that class and race are incidental, not essential, to one's persona, no courage to assume that an immigrant made a choice to leave a worse place for a better one. And all this is in the context of a class-bound hierarchy masked and excused by boutique leftism.
Victor Davis HansonRelated topics
choice confidence context continent courage dynamic east fluid free hierarchy idiocy immigrant immigration influx large leave male middle necessary persona place race worse year young incidental pacifist leftism boutique postmodernRelated quotes
I find it amazing now that my first economics class, taught by Alan Sweezy, used John Maynard Keynes's General Theory of Income and Employment as the textbook. Although this book is one of the most influential works of the twentieth century, it makes a really lousy textbook. Moreover, since I now regard Keynes's analysis as seriously flawed, it is surprising that I enjoyed the course so much. As a student, I appreciated the simple way that the Keynesian model explained the workings and failings of the overall economy. Especially appealing were the clever policy remedies, such as increased government spending and tax cuts, that Keynes recommended to combat unemployment. Too bad that I discovered later that the model was theoretically and empirically deficient!
Robert Barro
Barack Obama has failed America. When he took office, the economy was in recession. He made it worse. And he made it last longer. Three years later, over 16 million Americans are out of work or have just quit looking. Millions more are underemployed. Three years later, unemployment is still above 8%, a figure he said his stimulus would keep from happening. Three years later, foreclosures are still at record levels. Three years later the prices of homes continue to fall. Three years later, our national debt has grown nearly as large as our entire economy. Families are buried under higher prices for food and higher prices for gasoline. It breaks my heart to see what's happening in this country. These failing hopes make up President Obama's own misery index. It's never been higher.
Mitt Romney
It is my firm belief that the only satisfactory test of economics is the ability to predict, and in crucial predictive situations such as reconversion after World War II, the settlement of the Korean War, the settlement of the Vietnam War, the abrupt economic policy switch of the Nixon Administration in August 1972, the oil shock of 1973 (forecast of a world-wide succession by LINK), the recession of 1990. In these crucial periods, econometric models outperformed other approaches, yet there is considerable room for improvement, and that is precisely what is being examined in development of high-frequency models that aim to forecast the economy, every week, every fortnight, or every month, depending on the degree of fineness of the information flow.
Lawrence Klein
While it is true that we are paying out far more money and maintaining a much stronger Military Establishment than ever before, because of the conditions stated, we have been able to pursue a moderate course. Our people have had all the war, all the taxation, and all the military service that they want. They have therefore wished to emphasize their attachment to our ancient policy of peace. They have insisted upon economy. They have supported the principle of limitation of armaments. They have been able to do this because of their position and their strength in numbers and in resources. We have a tremendous natural power which supplements our arms. We are conscious that no other nation harbors any design to put us in jeopardy.
Calvin Coolidge
As conscious beings advance in mental growth, they come to recognise that this ideal must embrace not merely their own kin or neighbours, not only their tribe or nation, not only the whole race or species, but all conscious beings whatever, no matter how foreign. It is surely probable that this desire for the fulfilment of personality-in-community plays a very large part in the universe. We must remember, of course, that the particular forms which it may take in different kinds of worlds, up and down the universe, may be utterly alien to our comprehension and appreciation. Or rather, not utterly alien; since, if these arguments are correct, there is an essential underlying kinship and identity in all possible kinds of conscious being.
Olaf Stapledon