The happy days of Bretton Woods, often viewed today with nostalgia, were a special case, workable because of a particular economic and political setting... the inherent contradictions in the system were too great. With the benefit of hindsight, it would seem that an erosion of the United States competitive position was implicit in the postwar arrangements.
Paul VolckerRelated topics
benefit case erosion great happy nostalgia particular political position setting special system today woods hindsight days statesRelated quotes
Chomsky proceeds on the almost unthinkably subversive assumption that the United States should be judged by the same standards that it preaches (often at gunpoint) to other nations he is nearly the only person now writing who assumes a single standard of international morality not for rhetorical effect, but as a matter of habitual, practically instinctual conviction.
Christopher Hitchens
A man is a better citizen of the United States for being also a loyal citizen of his state, and of his city; for being loyal to his family, and to his profession or trade; for being loyal to his college or his lodge. ... For only through the ennobling effect of its strivings can we develop the best that is in us and give to this country the full benefit of our great inheritance.
Louis Brandeis
If we have system in which government is in a position to give large favor - it's human nature to try to get this favor - whether those people are large enterprises, or whether they're small businesses like farmers, or whether they're representatives of any other special group. The only way to prevent that is to force them to engage in competition one with the other.
Milton Friedman
I would say, on the basis of having observe a thousand people in the experiment and having my own intuition shaped and informed by these experiments, that if a system of death camps were set up in the United States of the sort we had seen in Nazi Germany, one would find sufficient personnel for those camps in any medium-sized American town.
Stanley Milgram
Today, near the end of my days, I want to say that I harbor no rancor against anybody, that I love my fatherland above all and that I take political responsibility for everything that was done which had no other goal than making Chile greater and avoiding its disintegration. I assume full political responsibility for what happened.
Augusto Pinochet
