Samuelson says I was wrong and he was right, and he froths at the mouth when people talk about the lighthouse example. He says Coase is wrong; he doesn't overcome the free rider problem. Who are the free riders? The foreign ships going past the British coast which do not call at a British port. Using Samuelson's approach, what do you do? Do you ask the foreign governments to give you a subsidy? Do you tax people in Britain because the foreign ships are getting help without paying for it? What do you do? My approach is to compare the alternatives. People like Samuelson like to set up a perfect world and say that the market does not bring us to this point and imply that the government should do something. They stop their analysis at that point.
Paul SamuelsonRelated topics
approach ask call compare example foreign free getting government help market mouth overcome past perfect point port problem rider right set should something stop subsidy talk tax using wrong BritainRelated quotes
When we approach the study of business cycle with the intention of carrying through an analysis that is truly dynamic and determinate in the above sense, we are naturally led to distinguish between two types of analyses: the micro-dynamic and the macro-dynamic types. The micro-dynamic analysis is an analysis by which we try to explain in some detail the behaviour of a certain section of the huge economic mechanism, taking for granted that certain general parameters are given. Obviously it may well be that we obtain more or less cyclical fluctuations in such sub-systems, even though the general parameters are given. The essence of this type of analysis is to show the details of the evolution of a given specific market, the behaviour of a given type of consumers, and so on.
Ragnar Frisch
He has a deep contempt for Britain, the British people and parliamentary democracy. He is trying to climb back to power via the Treaty of Rome, and put Britain under government from Brussels for ever. In 1970 Mr Heath solemnly promised that he would not take Britain into the Common Market without the full-hearted consent of the British people. He broke his pledged word then, and he now says he will not accept a 'No' vote on Thursday. Heath promised more jobs and higher living standards inside the EEC. These promises were all broken, and he now tells us we are so poor we cannot come out; beggars can't be choosers. That is false, too. Heath's leadership has been a total disaster for the British people. The Tory Party threw him out.
Tony Benn
When it's claimed, as it was last week on British television, that Muslims in Britain are victims of British intolerance - yeah right, 1600 mosques worth of intolerance so far, and still building - I think the truth is that, if they are victims of anything, it's Muslim intolerance, because if you are an ordinary Muslim, then surely the last thing you need is a bunch of Islamists speaking for you, because everything they do and say reflects back on you. When they try to force unwanted Islamic values into our education system, for example, or when one of their representatives crudely insults this country by comparing it with Nazi Germany, that reflects on all Muslims, because these people speak for all Muslims. Don't they? No? Well maybe somebody should tell them that.
Pat Condell
Doubt is never simply an intellectual problem. There is always a spiritual dimension to doubt, as well. There is an enemy of your souls, Satan, who hates you intensely and is bent on your destruction and who will do everything in his power to see that your faith is destroyed. And therefore when we have these intellectual doubts and problems we should never look at them as something that is spiritually neutral or divorce them from the spiritual conflict that we are involved in. Rather we need to take these doubts to God in prayer, to admit them honestly, to talk to our Christian friends about them, to not stuff them or hide them, we need to deal with them openly and honestly and talk to people about them and seek God's help in dealing with them.
William Lane Craig
James Callaghan: ...I am not pro, nor am I anti...
Robin Day: What are you doing on this programme?
Callaghan: I'm here because you asked me.
Day: You're here to advise people to vote 'Yes' aren't you?
Callaghan: ...I am here, and the Prime Minister has taken the same line; it is our job to advise the British people on what we think is the right result. Now there are a lot of other people who've always been emotionally committed to the Market. A lot of other people have been always totally opposed to the Market. I don't think the Prime Minister or myself have ever been in either category and that is not our position today. I'm trying to present the facts as I see them and why we have come down in favour of – now Britain is in, we should stay in.
James Callaghan