People say monetary policy is easy and quick to implement. It can even be done overnight on the telephone, they say fiscal policy drags out in political and congressional debate in our country. It might take months to implement. But the point is that once fiscal policy is implemented, it might go to work much faster than monetary policy.
Lawrence KleinRelated topics
country debate done easy faster fiscal implement might once overnight people point policy political quick say take telephone work monthsRelated quotes
Yugoslavia is, with Iran, the only country which under difficult, not to say agonising, circumstances stood up to Joseph Stalin. It was not easy to unite ethnic groups or to modernize a country like Yugoslavia, and it must be acknowledged that Marshal Tito achieved something extraordinary. May God grant that his successors be as capable as he.
Muhammad Reza Pahlavi
Never, never, never believe any war will be smooth and easy, or that anyone who embarks on the strange voyage can measure the tides and hurricanes he will encounter. The statesman who yields to war fever must realise that once the signal is given, he is no longer the master of policy but the slave of unforeseeable and uncontrollable events.
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Perhaps the greatest social service that can be rendered by anybody to the country and to mankind is to bring up a family. But here again, because there is nothing to sell, there is a very general disposition to regard a married woman's work as no work at all, and to take it as a matter of course that she should not be paid for it.
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William Osler
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