Peter Blair Henry quotes

Good economic policy requires not so much the bravado to implement drastic change as the strength and wisdom to make reasonable trade-offs over the many years it takes to transform a country's standard of living. (Peter Blair Henry)

Business is one of the most powerful institutions on Earth for creating wealth and opportunity and helping to lift people out of poverty. When you think about it that way, then business is not separate from development policy.

Peter Blair Henry

Between 2001 and 2011, Brazil lifted 20 million people out of poverty and into its growing middle class, and in the last quarter of the twentieth century Botswana's gross domestic product per capita grew faster than that of any other country on the planet. The once-labeled 'Third World' is edging its way into the 'First World.'

Peter Blair Henry

Fear of foreign domination in India led the Janata Party, in the 1970s, to push for partial Indian ownership of all multinational firms within the country. The result was a spectacular pullback, by companies such as IBM and Coca-Cola, and a stagnant economy.

Peter Blair Henry

Just as an individual's ability to delay gratification at a young age is a powerful predictor of future academic and professional achievement, discipline is also central to the long-run economic health of nations.

Peter Blair Henry

As an economist, I'm aware that life is full of trade offs.

Peter Blair Henry

You can actually make a lot of money and do a lot of good in the world. I don't see those things as being in opposition to one another. I never have.

Peter Blair Henry

In Jamaica, you're never very far away from people who don't have very much, and in Wilmette, pretty much everybody had a lot.

Peter Blair Henry

I think my wife would take objection to any characterization of me as perfect.

Peter Blair Henry

A government decision that slashes spending at the wrong time and sends a weak economy into a tailspin can be just as undisciplined as one that unleashes a wasteful spending spree in an overheated environment.

Peter Blair Henry

Economic growth creates jobs, and countries grow when they educate their people and pursue policies that encourage households to save, existing businesses to invest, and entrepreneurs to innovate and create new markets. (Peter Blair Henry)

Disciplined governments do not engage in the economic equivalent of binge eating followed by crash dieting.

Peter Blair Henry

I think that whether you're on the right or on the left as an economist or as a policy maker, every serious analyst I know agrees that at some point you have to deal with entitlements.

Peter Blair Henry