Three women were brought to the Singapore General Hospital, each in the same condition and needing a blood transfusion. The first, a Southeast Asian was given the transfusion but died a few hours later. The second, a South Asian was also given a transfusion but died a few days later. The third, an East Asian, was given a transfusion and survived. That is the X factor in development.
Lee Kuan YewRelated topics
blood condition development east factor few general given women hours later needing second southeast third three transfusion days SingaporeRelated quotes
While economic theory in general may be defined as the theory of how an economic condition or an economic development is determined within an institutional framework, the welfare theory deals with how to judge whether one condition can be said to be better in some way than another and whether it is possible, by altering the institutional framework, to achieve a better condition than the present one.
Kenneth Arrow
While economic theory in general may be defined as the theory of how an economic condition or an economic development is determined within an institutional framework, the welfare theory deals with how to judge whether one condition can be said to be better in some way than another and whether it is possible, by altering the institutional framework, to achieve a better condition than the present one.
John Hicks
How ungenerously in later life we disclaim the virtuous moods of our youth, living in retrospect long, summer days of unreflecting dissipation. There is no candour in a story of early manhood which leaves out of account the home-sickness for nursery morality, the regrets and resolutions of amendment, the black hours which, like zero on the roulette table, turn up with roughly calculable regularity.
Evelyn Waugh
In 1988, as an unknown candidate, totally unknown, I won Iowa, came in second in New Hampshire, won South Dakota. I was ahead in every Super Tuesday state the day after South Dakota. The only problem was I didn't have enough money. I had a million dollars left, and Al Gore had three and Michael Dukakis had three and it was lights out.
Dick Gephardt
With few exceptions, democracy has not brought good government to new developing countries...What Asians value may not necessarily be what Americans or Europeans value. Westerners value the freedoms and liberties of the individual. As an Asian of Chinese cultural backround, my values are for a government which is honest, effective and efficient.
Lee Kuan Yew