Allocation Quotes - page 2
Contemporary theories of politics tend to portray politics as a reflection of society, political phenomena as the aggregate consequences of individual behavior, action as the result of choices based on calculated self-interest, history as efficient in reaching unique and appropriate outcomes, and decision making and the allocation of resources as the central foci of political life. Some recent theoretical thought in political science, however, blends elements of these theoretical styles into an older concern with institutions. This new institutionalism emphasizes the relative autonomy of political institutions, possibilities for inefficiency in history, and the importance of symbolic action to an understanding of politics. Such ideas have a reasonable empirical basis, but they are not characterized by powerful theoretical forms. Some directions for theoretical research may, however, be identified in institutionalist conceptions of political order.
James G. March
Socialism, wherever it actually had the means to plan a society, to pursue efficaciously its vision of the abolition of private property, economic inequality, and the allocation of capital and goods by free markets, culminated in the crushing of individual, economic, religious, associational, and political liberty. Its collectivization of agriculture alone led to untold suffering, scarcity, and contempt for property as the fruit of labor.
Alan Charles Kors
The proposition that markets drive economic efficiency is central to much of economics. Adam Smith illustrated that the "invisible hand” of the market drives efficient allocation of resources in a system of division of labor. Friedrich Hayek illustrated the central importance of the price system as an information processing mechanism more powerful than any centrally planned system could ever be. Kenneth Arrow and Gerard Debreu illustrated that complete and perfect markets deliver a Pareto-efficient equilibrium, in which no one person can be made better off without making someone else worse off. And the development of the efficient- market and rational- expectations hypotheses suggested that financial markets are in fact efficient, and that the conditions required for efficiency and for rational and stable equilibria apply even in contracts between the present and the future, which financial markets provide.
Adair Turner, Baron Turner of Ecchinswell
While there are periodic calls from libertarians and others for the privatization or elimination of the program, given the first political opportunity to dramatically influence the Medicare program, a conservative White House and Congress sought to strengthen, not weaken, the program. To be sure, debates will linger about whether Medicare is too large or too small. Debates remain about the allocation of Medicare dollars. But December 8, 2003, demonstrated that there is no debate on this most fundamental fact: Medicare must survive.
Michael Johns
I urge the AFP and also the PNP to aggressively go out there and fill the yearly quotas for new recruits. Spend the budget intended for hiring new personnel. Don't let the old system prevail again where the allocation for hiring new personnel is scrimped on so that the amount can be converted into savings and diverted to line the pockets of some unscrupulous individuals. This has already cost so many lives and has orphaned thousands of wives and children.
Francis Escudero
In terms of the distribution by sector, the biggest share of 37.1% is allotted for Social Services, which has registered the highest increase among the sectors for the past four consecutive years due to the substantial increases for the Conditional Cash Transfer Program and the increased allocation for education. Economic Services, with a share of 26.9%, constitutes the 2nd highest portion, 48% of which will be allotted for the sub-sector of communications, roads and other transport.
Francis Escudero
I thank the honorable Senate President for entrusting the undersigned with the critical responsibility of managing the Senate's role in fulfilling Congress' duty to oversee the Executive Department's use of public funds and to ensure the allocation of the same is guided by what is in the best interests of our people.
Francis Escudero