Once a full-employment policy has been adopted... the economic 'system' just on that account is significantly different. Its equilibrium position has been shifted to a rising curve of trend close to and following the employment ceiling. The conditions of stability about this new level are radically different because the region of operation is now within the less flexible and sharply non-linear range of employment saturation.
Arnold TustinRelated topics
account close curve different equilibrium following less now once operation position region rising stability trendRelated quotes
I thank the Foreign Secretary for giving way. I assure him that at least 60 Labour Members voted against the Bill on Second Reading and I am sure that they will vote against the Maastricht treaty again tonight, primarily because it takes away from national Parliaments the power to set economic policy and hands it over to an unelected set of bankers who will impose the economic policies of price stability, deflation and high unemployment throughout the European Community.
Jeremy Corbyn
I have always believed that people have misjudged the accuracy of economic forecasting... During the 1980s and 1990s, I researched and applied methods of high frequency economic forecasting, to be used by themselves, and for objective establishment of initial conditions for longer range forecasts from structural dynamic models that carry forward the pioneering contributions of Jan Tinbergen.
Lawrence Klein
Women will never succeed at the level or in the numbers they deserve until they get over their genteel reluctance to take abuse in the attack and counterattack of territorial warfare. The recent trend in feminism, notably in sexual harassment policy, has been to overrely on regulation and legislation rather than to promote personal responsibility. Women must not become wards and supplicants of authority figures. Freedom means rejecting dependency.
Camille Paglia
[W]hat I used to respect was not really aristocracy, but a set of personal qualities which aristocracy then developed better than any other system . . . a set of qualities, however, whose merit lay only in a psychology of non-calculative, non-competitive disinterestedness, truthfulness, courage, and generosity fostered by good education, minimum economic stress, and assumed position, AND JUST AS ACHIEVABLE THROUGH SOCIALISM AS THROUGH ARISTOCRACY.
H. P. Lovecraft
Those who can bring themselves to renounce wealth, position and power accruing from a social system based on violence and putting a premium on acquisitiveness, and to identify themselves in some real fashion with the struggle of the masses toward the light, may help in a measure - more, doubtless, by life than by words - to devise a more excellent way, a technique of social progress less crude, brutal, costly and slow than mankind has yet evolved.
A. J. Muste