Global economic competition is a game of unequal players ... Consequently, it is only fair that we 'tilt the playing field' in favour of the weaker countries. In practice, this means allowing them to protect and subsidize their producers more vigorously and to put stricter regulations on foreign investment. These countries should also be allowed to protect intellectual property rights less stringently so that they can more actively 'borrow' ideas from more advanced countries.
Ha-Joon ChangRelated topics
borrow competition fair field foreign game intellectual investment less playing practice property should tilt unequal means favour globalRelated quotes
Together, we discovered that a free market only thrives when there are rules to ensure competition and fair play. Together, we resolved that a great nation must care for the vulnerable, and protect its people from life's worst hazards and misfortune. Through it all, we have never relinquished our skepticism of central authority, nor have we succumbed to the fiction that all society's ills can be cured through government alone.
Barack Obama
We will continue to pursue the strategy of boosting domestic demand and ensure fast and balanced economic and social development in China. This will create more opportunities for China-U. S. economic cooperation and trade. We will continue to advance the reform of the RMB exchange rate regime, take positive steps in such areas as expanding market access, increasing imports, and strengthening the protection of intellectual property rights, and further expand China-U. S. economic cooperation and trade.
Hu Jintao
Innovation is important; it has transformed the lives of everyone in the world. And intellectual property laws can and should play a role in stimulating innovation. However, the contention that stronger intellectual property rights always boost economic performance is not in general correct. It is an example of how special interests-those who benefit from stronger intellectual property rights-use simplistic ideology to advance their causes.
Joseph Stiglitz
The partisan situation in the Italian theater, particularly central Italy, has deteriorated to such an extent that it constitutes a serious danger to troops, supply lines, war industry and economic potential. The fight against the partisans must be carried out with all means at our disposal and with utmost severity. I will protect any commander who exceeds our usual restraint in the choice of methods in executing one's orders is better than failure or neglect to act.
Albert Kesselring
It is exceptional that one should be able to acquire the understanding of a process without having previously acquired a deep familiarity with running it, with using it, before one has assimilated it in an instinctive and empirical way... Thus any discussion of the nature of intellectual effort in any field is difficult, unless it presupposes an easy, routine familiarity with that field. In mathematics this limitation becomes very severe.
John von Neumann
