Reinertsen Economic Factors Quotes

It is, indeed, part of the liberal attitude to assume that, especially in the economic field, the self-regulating forces of the market will somehow bring about the required adjustments to new conditions, although no one can foretell how they will do this in a particular instance. There is perhaps no single factor contributing so much to people ~ Friedrich August Von Hayek

The Nazi Party was, in the early 1920s, but one among many nationalist and volkisch radical political groups. It was catapulted to prominence with the onset of economic recession in the late 1920s ... The Nazis owed their spectacular to a combination of two discrete sets of factors: first, their distinctive organisation and strategy; and secondly, the wider socio-economic conditions which created climates of opinion and sets of grievances on which the Nazis could prey. ~ Mary Fulbrook

Singapore is now in the top five. Its income per person even tops oil-rich and scarcely populated Kuwait. Having realized that the country had no natural resources, the government of founding father Lee Kuan Yew directed massive investment in human capital. Kids who were eight or ten or thirteen several decades ago are now some of the most productive citizens of today's economy.

A tiny nation-state with no natural resources and a large number of people living in a relatively small physical space has managed to outearn a country with some of the largest oil deposits ever found. That is the power of investing in and nurturing young brains.

Education alone may not be enough to guarantee economic success. There are other success factors that matter, like good governance, rule of law, and access to trading routes and partners. But if you were challenged to assemble a prosperous society from scratch, education would be the first building block you'd want to develop. ~ John Wood

The growth of a nation's productive potential is the central factor in determining its growth in real wages and living standards ... high rates of investment and saving usually have a big payoff in promoting economic growth. ~ Paul Samuelson

The world is beset by challenges including the ongoing danger of international terrorism, and the significant political and economic threats posed by factors such as the high levels of corporate and sovereign debt and persistent unemployment. ~ Dan Quayle

In spite of the fundamental importance of economic facts in determining politics and beliefs of an age or nation, I do not think that non-economic factors can be neglected without risks of error which may be fatal in practice. ~ Bertrand Russell

Intellectual capital is the main determining factor and the base for economic and social development to any country. ~ Talal Abu-Ghazaleh

To understand why dictators fall, it helps to recognise factors that produce a perfect anti-dictatorial storm. Barring missteps such as those that led to Gaddafi's undoing, a dictator's survival can be at risk because of newness in office, poor health, or old age combined with economic trouble. ~ Bruce Bueno De Mesquita

Those deterrents - the brotherhood of socialists, the interlocking of finance, commerce, and other economic factors - which had been expected to make war impossible failed to function when the time came. Nationhood, like a wild gust of wind, arose and swept them aside. People ~ Barbara W. Tuchman

The will to power which always emanates from individuals or from small minorities in society is in fact a most important driving force in history. The extent of its influence has up to now been regarded far too little, although it has frequently been the determining factor in the shaping of the whole of economic and social life. ~ Rudolf Rocker

I'm a political scientist and I study these things, and I know that economic problems, with the rising unemployment and inflation and low productivity and so forth, were a factor in that election, in that defeat of President Carter. ~ Jeane Kirkpatrick

Gold standard, which the United States had dropped in 1933. Ever since, the Treasury had been printing money freely to finance first the New Deal and now the war. Howard feared that someday the United States might wind up like Germany in the 1920s, when people had to cart wheelbarrows of money down the street to buy a head of cabbage - the direct result of Germany being forced to deplete its gold stock to pay reparations after World War I.1 The economic chaos that resulted was one of the major factors that had led to Hitler. ~ Alice Schroeder

Reducing risk, which is the primary mission of testing, clearly creates economic value for product developers. In fact, reducing risk is so centrally important to product development that it is indispensable for us to quantify its economic impact. ~ Donald G. Reinertsen

Economic and political factors play themselves out through human agency; and human beings are fundamentally shaped by their cultures. ~ Francis George

What is freedom as a human experience? Is the desire for freedom something inherent in human nature? Is it an identical experience regardless of what kind of culture a person lives in, or is it something different according to the degree of individualism reached in a particular society? Is freedom only the absence of external pressure or is it also the presence of something - and if so, of what? What are the social and economic factors in society that make for the striving for freedom? Can freedom become a burden, too heavy for man to bear, something he tries to escape from? Why then is it that freedom is for many a cherished goal and for others a threat? ~ Erich Fromm

The American share of the crisis began with grossly improper mortgages provided to wholly unqualified borrowers, all directly caused and encouraged by government distortion of and interference in the market. The government's market deformation and market intervention was in turn the result of two factors: political favouritism and Leftist ideology, on the one hand; and upon the other, corruption: the blatant cooption of such Friends of Angelo as Mr Dodd and of such bien-pensant Lefties as Mr Frank. The stability and efficiency of any market is directly proportional to the amount and trustworthiness of market information. The Yank Congress, for blatantly partisan and ideological reasons, gave out false information to the market, pushing lenders into making bad loans and giving out, with the appropriate winks and nudges, that Fannie (will Americans ever realise how that sounds) and Freddie, imperfectly quangoised, were 'really just as good as the Treasury' and were in any case 'too big to [be let] fail': which, as it happens, was untrue. Similarly, this moronic mantra of 'too big to fail' was chanted desperately and loudly to drown out the warning sounds of various financial institutions on the brink and of the automobile industry. Incomprehensible sums of public money were thrown at these corporations so that they could avoid bankruptcy, and have succeeded only in privatising profit whilst socialising risk. ~ G.M.W. Wemyss

In neo-classical economic theory, it is claimed without evidence that people are basically self-seeking, that they want above all the satisfaction of their material desires: what economists call "maximising utility". The ultimate objective of mankind is economic growth, and that is maximized only through raw, and lightly regulated, competition. If the rewards of this system are spread unevenly, that is a necessary price. Others on the planet are to be regarded as either customers, competitors or factors of production. Effects upon the planet itself are mere "externalities" to the model, with no reckoning of the cost - at least for now. Nowhere in this analysis appears factors such as human cooperation, love, trust, compassion or hatred, curiosity or beauty. Nowhere appears the concept of meaning. What cannot be measured is ignored. But the trouble is that once our basic needs for shelter and food have been met, these factors may be the most important of all. ~ Carne Ross

The economic dependence of woman and her apparently indestructible illusion that marriage will release her from loneliness and work and worry are potent factors in immunizing her from common sense in dealing with men at work. ~ Mary Barnett Gilson

When the traumatic event is the result of an attack by a family member on whom victims depend for economic and other forms of security (as occurs in victims of intrafamilial abuse) victims are prone to respond to assaults with increased dependence and with paralysis in their decision-making processes. Thus, some aspects of how people respond to trauma are quite predictable - but individual, situational and social factors play a major role in the shaping the symptomatology. ~ Marion F. Solomon

One cannot make command decisions simply by assessing the tactical situation and going ahead with whatever course of action will do the most harm to the enemy with a minimum of death and damage to your own men and materiel. Modern warfare has become very complex, especially during the last century. Wars are won not by a simple series of battles won, but by a complex interrelationship among military victory, economic pressures, logistic maneuvering, access to the enemy's information, political postures - dozens, literally dozens of factors. ~ Joe Haldeman

I have been accused of being ignorant of economics (although I am the founder and Chairman of the Board of a company which publishes seven professional economic newsletters), of being ignorant of sociology (although I am trained in sociology and was C. Wright Mills' research assistant at Columbia), of being unable to use statistics (although I earned my living as a professional statistician for five years) and of ignoring political factors (although all my graduate training was in political science). ~ Lloyd DeMause

There are many in East Asia who simply judge students on the basis of national tests. The top universities in the United States do not do that, and for good reason. We need a careful process for admissions that take all sorts of factors into account: different intellectual strengths, artistic expression, economic standing, social background, ethnicity, regional representation and designs a class as a balanced whole. ~ Henry Rosovsky

The labor of women in the house, certainly, enables men to produce more wealth than they otherwise could; and in this way women are economic factors in society. But so are horses. ~ Charlotte Perkins Gilman

We should not conclude from this that everything depends on waves of irrational psychology. On the contrary, the state of long-term expectation is often steady, and, even when it is not, the other factors exert their compensating effects. We are merely reminding ourselves that human decisions affecting the future, whether personal or political or economic, cannot depend on strict mathematical expectation, since the basis for making such calculations does not exist; and that it is our innate urge to activity which makes the wheels go round, our rational selves choosing between the alternatives as best we are able, calculating where we can, but often falling back for our motive on whim or sentiment or chance. ~ John Maynard Keynes

There are several more careers more engaging to follow than that of poetry. But the circumstances of one's birth, the conduct of one's parents, the current economic structure of society, and a thousand other local factors have as much or more to say about successions to such occupations, the naive volitions of the poet to the contrary. ~ Hart Crane

The flowering of human society depends on two factors: the intellectual power of outstanding men to conceive sound social and economic theories, and the ability of these or other men to make these ideologies palatable to the majority. ~ Ludwig Von Mises

Today we face many problems. Some are created essentially by ourselves based on divisions due to ideology, religion, race, economic status, or other factors. Therefore, the time has come for us to think on a deeper level, on the human level, and from that level we should appreciate and respect the sameness of others as human beings. ~ Dalai Lama

Acedia is not a relic of the fourth century or a hang-up of some weird Christian monks, but a force we ignore at our peril. Whenever we focus on the foibles of celebrities to the detriment of learning more about the real world- the emergence of fundamentalist religious and nationalist movements, the economic factors endangering our reefs and rain forests, the social and ecological damage caused by factory farming - acedia is at work. Wherever we run to escape it, acedia is there, propelling us to 'the next best thing,' another paradise to revel in and wantonly destroy. It also sends us backward, prettying the past with the gloss of nostalgia. Acedia has come so far with us that it easily attached to our hectic and overburdened schedules. We appear to be anything but slothful, yet that is exactly what we are, as we do more and care less, and feel pressured to do still more. ~ Kathleen Norris

... economic growth is driven by supply factors such as improved technologies and access to more or better resources. ~ Campbell R. McConnell

Three factors
the belief that child care is female work, the failure of ex-husbands to support their children, and higher male wages at work
have taken the economic rug from under that half of married women who divorce. ~ Arlie Russell Hochschild

All types of societies are limited by economic factors. Nineteenth century civilization alone was economic in a different and distinctive sense, for it chose to base itself in a motive rarely acknowledged as valid in history of human societies, and certainly never before raised to the level of justification of action and behavior in everyday life, namely, gain. The self-regulating market system was uniquely derived from this principle. The mechanism which the motive gain set in motion was comparable in effectiveness only to the most violent outburst of religious fervor in history. Within a generation the whole human world was subjected to its undiluted influence. ~ Karl Polanyi

Natural capitalism is not about making sudden changes, uprooting institutions, or fomenting upheaval for a new social order. Natural capitalism is about making small, critical choices that can tip economic and social factors in positive ways. ~ Paul Hawken

It is no accident that television has been dominated by a handful of corporate powers. Neither is it accidental that television has been used to re-create human beings into a new form that matches the artificial, commercial environment. A conspiracy of technological and economic factors made this inevitable and continue to. ~ Jerry Mander

We select such investments on a long-term basis, weighing the same factors as would be involved in the purchase of 100% of an operating business: (1) favorable long-term economic characteristics; (2) competent and honest management; (3) purchase price attractive when measured against the yardstick of value to a private owner; and (4) an industry with which we are familiar and whose long-term business characteristics we feel competent to judge. ~ Warren Buffett

Social economic problems do not exist everywhere that an economic event plays a role as cause or effect - since problems arise only where the significance of those factors is problematical and can be precisely determined only through the application of methods of social-economics. ~ Max Weber

I think it's a mistake to rely too much on any one economic factor. It's why investors try to spread their portfolio round. ~ Paul Wolfowitz

There's five factors or characteristics of places where kids from poor backgrounds don't do very well. And those are places that have more economic and racial segregation, places with more income inequality. ~ Gwen Ifill

Like all social theories, internationalism must seek its basis in the economic and technical fields; here are to be found the most profound and the most decisive factors in the development of society. ~ Christian Lous Lange