Steve Kroft: In the last two years, you have been blamed for the financial collapse of Thailand, Malaysia, Indonesia, Japan and Russia. George Soros: All of the above. Steve Kroft: All of the above. Are you that powerful? George Soros: No. I think there's a great misunderstanding. Steve Kroft: The prime minister of Malaysia said that the region spent 40 years trying to build up its economy, and along comes a moron like Soros with a lot of money, and it's all over. He called you a criminal. George Soros: It's easier for him to blame an outside force than to admit that they were mismanaging their economy and their currency. The French finance minister talked about hanging speculators from lamp posts.
George SorosRelated topics
above blame build comes currency easy force french great hanging japan lamp last money outside region spend steve trying years Malaysia moron IndonesiaRelated quotes
The rest of the responsibility for the early collapse of the Debate must, of course, rest with the Prime Minister himself, because his speech was unable to compete in attractiveness with the House of Commons meals, and everybody here knows what that means. If the Prime Minister will insist, on these occasions, on indulging in these turgid, wordy, dull, prosaic and almost invariably empty new chapters in his book, then he must expect something like what happened yesterday. ... I understand from my informants...that the Prime Minister was dressed in some uniform of some sort or other. I wish he would recognise that he is the civilian head of a civilian Government, and not go parading around in ridiculous uniforms.
Aneurin Bevan
The referendum of 5th July will stay in history as a unique moment when a small European nation rose up against debt-bondage...
Soon after the announcement of the referendum results, I was made aware of a certain preference by some Eurogroup participants, and assorted ‘partners', for my... ‘absence' from its meetings; an idea that the Prime Minister judged to be potentially helpful to him in reaching an agreement. For this reason I am leaving the Ministry of Finance today.
I consider it my duty to help Alexis Tsipras exploit, as he sees fit, the capital that the Greek people granted us through yesterday's referendum.
And I shall wear the creditors' loathing with pride....
Yanis Varoufakis
The gravitational repulsion created by this small patch of repulsive gravity material would be, then, the driving force of the Big Bang and it would cause the region to undergo exponential expansion... there is a certain doubling time, and if you wait the same amount of time it doubles again, and if you wait the same amount of time it doubles again... and it's because these doublings build up so dramatically, it doesn't take very much time to build the whole universe. In about 100 doublings this tiny patch of 10 cm can become large enough, not to be the universe, but to be a small marble-sized region which will then ultimately become the observed universe, as it continues to coast outward after inflation ends.
Alan Guth
America should have minded her own business and stayed out of the World War. If you hadn't entered the war the Allies would have made peace with Germany in the Spring of 1917. Had we made peace then there would have been no collapse in Russia followed by Communism, no breakdown in Italy followed by Fascism, and Germany would not have signed the Versailles Treaty, which has enthroned Nazism in Germany. If America had stayed out of the war, all these 'isms' wouldn't today be sweeping the continent of Europe and breaking down parliamentary government - and if England had made peace early in 1917, it would have saved over one million British, French, American, and other lives.
Winston Churchill
In my view-and that of most contemporary economists, I believe-Schumpeter's most original and most lastingly significant book was Theory of Economic Development, which appeared in 1911 (and was translated into English in 1934). It was at the University of Czernowitz, not far from the beginning of his career as an economist, that he worked out his conception of the entrepreneur, the maker of "new combinations,” as the driving force and characteristic figure of the fits-and-starts evolution of the capitalist economy. He was explicit that, while technological innovation was in the long run the most important function of the entrepreneur, organizational innovation in governance, finance, and management was comparable in significance.
Robert Solow