The private ownership of great art, its seclusion from the general view of men and women, let alone from that of interested amateurs and scholars, is a curious business. The literal disappearance of a Turner or a Van Gogh into some Middle Eastern or Latin-American bank vault to be kept as investment and collateral, the sardonic decision of a Greek shipping tycoon to put an incomparable El Greco on his yacht, where it hangs at persistent risk — these are phenomena that verge on vandalism.
Where countries have been able to carry through on their reform commitments -- as in Korea, Thailand and the Philippines -- results are starting to come in the form of lower interest rates, new investment and increased growth.lawrence summers
With all the clever brains in America it would be great to see more investment and focus on this essential research!louise burfitt-dons
The intention of the US found its feature through a clear formulation in the Agreement for the IBRD. The “purposes of the Bank” were defined as follows: “To promote private foreign investment by means of guarantees or participations in loans and other investments made by private investors; and when private capital is not available on reasonable terms, to supplement private investments by providing, on suitable conditions, finance for productive purposes out of its own capital, funds raised by it and its other resources”
When you have investment companies losing billions of dollars over something like bundled subprime loans, then you have to consider whether it's important. You probably also want to think about paying off that third mortgage.
It is one thing to coolly design a portfolio strategy on a sheet of paper or computer monitor, and quite another to actually deploy it.William Bernstein
'Form follows profit' is the aesthetic principle of our times. Thus, design skill is measured today by the architect's ability to build the largest possible enclosure for the smallest investment in the quickest time.Rogers, Richard George Rogers, Baron
Nationalisation...does not in itself engender greater equality, more jobs in the regions, higher investment or industrial democracy. The public knows this perfectly well, and so do the workers who have suffered from pit closures, steel redundancies and the run-down of the railways. It is idiotic to try to bamboozle them.anthony crosland
There's no safer investment in the world than in the United States.robert gibbs
It is the rate of investment which governs the rate of saving, and not vice versa.joan robinson
Rosa Luxemburg maintained that the capitalist system can keep up its rate of investment (and therefore its profits) only so long as it is expanding geographically.joan robinson
One of these is an increasing awareness of the benefits to our economy, particularly in terms of investment and enterprise, both local and from overseas, of not having the inquisitorial type of tax system inevitably associated with a full income tax. Another is that even I, who have always believed in the vigour of our economy under our present tax regime, have been surprised by the growth of revenue generated at our present tax rates.john james cowperthwaite
If a lack of money had prevented people from improving their lot, then mankind would still be living in the caves: unless you believe that investment capital first arrived from outer space.anthony daniels
The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future.john maynard keynes
I expect to see the State, which is in a position to calculate the marginal efficiency of capital goods on long views and on the basis of the general social advantage, taking an ever greater responsibility for directly organising investment ;john maynard keynes
Wealthy investors should realize that they are the cash cows of the investment industry, and that most of the exclusive investment vehicles available to them - separate accounts, hedge funds, limited partnerships, and the like - are designed to bleed them with commissions, transactional costs, and other fees.
The budget targets imposed by the Bretton Woods institutions, combined with the effects of the devaluation, trigger the collapse of public investment.
Macroeconomics deals with national aggregates like gross national product, employment, price levels, consumption and investment, money supply and demand, balance of payments, and so on.
With all the clever brains in America it would be great to see more investment and focus on this essential research!
To give to the needy alone is charity. All the rest is investment for a return.
China’s investment in Africa of various kinds exceeds $40 billion.
In going directly to investment Heaven, you build your portfolio as you would build a wonderful company through a merger and acquisition program. You specify the way you want your portfolio to look, and then you assemble the profile piece by piece by bringing together companies that make their own individual contributions to the desired character.robert haugen
The successful sale of British Telecom...reveals a vast and untapped yearning among ordinary people for a direct stake in the ownership of British enterprise. investment in shares has begun to take its place, with ownership of a home and either a bank or building society deposit, as a way for ordinary people to participate in enterprise and wealth creation. We are seeing the birth of people's capitalism.nigel lawson