„In rich economies, stability matters a lot; small further increases in allocative efficiency matter less. Thus, policy should be heavily focused on ensuring macroeconomic and financial stability and very wary of financial innovation if it carries with it any risk of increased instability.“

Quelle: Economics after the crisis : objectives and means (2012), Ch. 2 : Financial Markets: Efficiency, Stability, and Income Distribution

Übernommen aus Wikiquote. Letzte Aktualisierung 3. Juni 2021. Geschichte
Adair Turner, Baron Turner of Ecchinswell Foto
Adair Turner, Baron Turner of Ecchinswell
britischer Wirtschaftsmanager, Hochschullehrer und Politiker 1955

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Ben Bernanke Foto
David Harvey Foto

„Massive concentration of financial power, accompanied by the machinations of finance capital, can as easily de-stabilize as stabilize capitalism.“

—  David Harvey British anthropologist 1935

Introduction, p. xxxii
The Limits To Capital (2006 VERSO Edition)

Ben Bernanke Foto
Alan Greenspan Foto

„I was aware that the loosening of mortgage credit terms for subprime borrowers increased financial risk. But I believed then, as now, that the benefits of broadened home ownership are worth the risk.“

—  Alan Greenspan 13th Chairman of the Federal Reserve in the United States 1926

September 2007 http://www.startribune.com/nation/12598281.html, Greenspan's memoir The Age of Turbulence: Adventures in the New World.
2000s

Ha-Joon Chang Foto

„Financial markets need to become less, not more, efficient.“

—  Ha-Joon Chang, buch 23 Things They Don't Tell You About Capitalism

Thing 22
23 Things They Don't Tell You About Capitalism (2010)

Nassim Nicholas Taleb Foto
Edgar Cayce Foto

„Leave off the 'financially'. Let the financial be the result of honest, sincere desire to be and live so that others may know the way also. Good gives the increase.“

—  Edgar Cayce Purported clairvoyant healer and psychic 1877 - 1945

Many Mansions Chapter 20 - A Philosophy of Vocational Choice
Cayce answered this to another financial related question In what field of endeavor am I most likely to succeed financially?
On Vocational Choices

Henry Kissinger Foto

„Wherever a lessening of population pressures through reduced birth rates can increase the prospects for such stability, population policy becomes relevant to resource supplies and to the economic interests of the United States.“

—  Henry Kissinger United States Secretary of State 1923

National Security Study Memorandum 200. Adapted as policy by President General Ford originally classified. https://en.wikipedia.org/wiki/National_Security_Study_Memorandum_200
1970s

„Financial services are the lifeblood of an economy, enabling households and businesses alike to save, invest, and protect themselves against risk.“

—  Ibukun Awosika Nigerian business magnate 1962

Quelle: https://theafricadebate.com/news-2018/2018/an-interview-with-ibukun-awosika Speaking in an interview about herself (April 18 2018)

Joseph E. Stiglitz Foto
Eli Bebout Foto

„A tax increase is still a tax increase, no matter what you call it.“

—  Eli Bebout American politician and businessman 1946

As quoted in Casper Star-Tribune https://archive.ph/7h4Fk (March 27, 1994)

W. Brian Arthur Foto
Robert S. Kaplan Foto

„Companies are in the midst of a revolutionary transformation. Industrial age competition is shifting to information age competition. During the industrial age, from 1850 to about 1975, companies succeeded by how well they could capture the benefits from economies of scale and scope. Technology mattered, but, ultimately, success accrued to companies that could embed the new technology into physical assets that offered efficient, mass production of standard products.
During the industrial age, financial control systems were developed in companies, such as General Motors, DuPont, Matsushita, and General Electric, to facilitate and monitor efficient allocations of financial and physical capital. A summary financial measure such as return-on-capital employed (ROCE) could both direct a company’s internal capital to its most productive use and monitor the efficiency by which operating divisions used financial and physical capital to create value for shareholders.
The emergence of the information era, however, in the last decades of the twentieth century, made obsolete many of the fundamental assumptions of industrial age competition. No longer could companies gain sustainable competitive advantage by merely deploying new technology into physical assets rapidly, and by excellent management of financial assets and liabilities.“

—  Robert S. Kaplan American accounting academic 1940

Quelle: The Balanced Scorecard, 1996, p. 2-3

„Companies are in the midst of a revolutionary transformation. Industrial age competition is shifting to information age competition. During the industrial age, from 1850 to about 1975, companies succeeded by how well they could capture the benefits from economies of scale and scope. Technology mattered, but, ultimately, success accrued to companies that could embed the new technology into physical assets that offered efficient, mass production of standard products.
During the industrial age, financial control systems were developed in companies, such as General Motors, DuPont, Matsushita, and General Electric, to facilitate and monitor efficient allocations of financial and physical capital. A summary financial measure such as return-on-capital employed (ROCE) could both direct a company’s internal capital to its most productive use and monitor the efficiency by which operating divisions used financial and physical capital to create value for shareholders.
The emergence of the information era, however, in the last decades of the twentieth century, made obsolete many of the fundamental assumptions of industrial age competition. No longer could companies gain sustainable competitive advantage by merely deploying new technology into physical assets rapidly, and by excellent management of financial assets and liabilities.“

—  David P. Norton American business theorist, business executive and management consultant 1941

Quelle: The Balanced Scorecard, 1996, p. 2-3

„Most great financial innovators come from humble circumstances - nothing arouses fascination with financial assets quite like their absence.“

—  William J. Bernstein economist 1948

Quelle: The Four Pillars of Investing (2002), Chapter 3, The Market Is Smarter Than You Are, p. 76.

Aleksandar Vučić Foto

„If you live in a small country which is geographically at the crossroads, then your policy should be maintain peace and stability, either by not having arguments with anyone, which is impossible, or having arguments with everyone equally.“

—  Aleksandar Vučić President of Serbia 1970

Quelle: "Serbia's Vucic plays down hopes for quick political deal with Kosovo" in Reuters https://www.reuters.com/article/us-serbia-kosovo-usa-interview/serbias-vucic-plays-down-hopes-for-quick-political-deal-with-kosovo-idUSKCN26D1VQ (22 September 2020)

Robert T. Kiyosaki Foto

„“The main cause of poverty or financial struggle is fear and ignorance, not the economy or the government or the rich. It’s self-inflicted fear and ignorance that keeps people trapped.“

—  Robert T. Kiyosaki American finance author , investor 1947

Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!

Ragnar Frisch Foto

„At present the national budget plays a very large role in the whole financial policy of our country.“

—  Ragnar Frisch Norwegian economist 1895 - 1973

Frisch, (1947); Quoted in: Steinar Strøm (1998) Econometrics and Economic Theory in the 20th Century. p. 542
1940-60s

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