Policy Quotes - page 37
I find it amazing now that my first economics class, taught by Alan Sweezy, used John Maynard Keynes's General Theory of Income and Employment as the textbook. Although this book is one of the most influential works of the twentieth century, it makes a really lousy textbook. Moreover, since I now regard Keynes's analysis as seriously flawed, it is surprising that I enjoyed the course so much. As a student, I appreciated the simple way that the Keynesian model explained the workings and failings of the overall economy. Especially appealing were the clever policy remedies, such as increased government spending and tax cuts, that Keynes recommended to combat unemployment. Too bad that I discovered later that the model was theoretically and empirically deficient!
Robert Barro
In fact, the only person to rival Friedman for policy influence in the twentieth century is John Maynard Keynes, who had a strikingly different view of the role of government. Keynes was influential because he advocated more government intervention into what he perceived as poorly functioning private economies caught up in the Great Depression. In contrast to Keynes, Friedman put the main blame for the Depression on government failures, especially of monetary policy. Hence, the Depression did not make Friedman a fan of big government. He also found in the Federal Reserve's failure to prevent deflation an argument in favor of monetary rules. As the world evolved- with low inflation becoming the major mission of central banks and free markets and secure property rights becoming the main policies to promote economic growth-Friedman surely won the intellectual battle.
Robert Barro
The policy of the London Cabinet largely contributed to the first movement of our Revolution.... Taking advantage of political tempests (the cabinet) aimed to effect in an exhausted and dismembered France a change of dynasty and to place the Duke of York on the throne of Louis XVI.... Pitt.... is an imbecile, whatever may be said of a reputation that has been much too greatly puffed up. A man who, abusing the influence acquired by him on an island placed haphazard in the ocean, is desirous of contending with the French people, could not have conceived of such an absurd plan elsewhere than in a madhouse.
Maximilien Robespierre
I am 100 percent supportive of the stand-alone bill to repeal 'don't ask, don't tell' that Sens. Lieberman and Collins have now proposed, and indeed I will co-sponsor that legislation. It is time for this discriminatory policy to end, and I am willing to pursue any effective legislative path that could lead to that result.
Carl Levin
What made a big difference was the open door policy we had. Anyone who wanted to come backstage could, and it was never a problem. I don't know whether other bands did that. It was good for us to meet people who had come to see the group and converse with them, ask them 'What's it like in your town? What, there are no clubs here? So what do you do?' It was about sharing information and it was good to know what was going on out there, and how people were dealing with their lives. And that spread right across the world.
Paul Simonon
My foreign policy has three fundamental branches: first, confidence in our cause, a recognition that the principles America was based upon are not something we shrink from or apologize for, that we stand for those principles; the second is clarity in our purpose, which is that when we have a foreign policy objective, we describe it honestly and clearly to the American people, to Congress and to the people of the world; and number three is resolve in our might, that in those rare circumstances, those rare circumstances where we decide it's essential for us to apply military might, that we do so with overwhelming force, that we do so in the clarity of a mission, understanding the nature of the U. S. interest involved, understanding when the mission would be complete, what will be left when it is -- what will be left behind us when that mission has been -- has been terminated.
Mitt Romney
The encroachments of Slavery upon our national policy have been like those of a glacier in a Swiss valley. Inch by inch, the huge dragon with his glittering scales and crests of ice coils itself onward, an anachronism of summer, the relic of a bygone world where such monsters swarmed. But it has its limit, the kindlier forces of Nature work against it, and the silent arrows of the sun are still, as of old, fatal to the frosty Python. Geology tells us that such enormous devastators once covered the face of the earth, but the benignant sunlight of heaven touched them, and they faded silently, leaving no trace but here and there the scratches of their talons, and the gnawed boulders scattered where they made their lair. We have entire faith in the benignant influence of Truth, the sunlight of the moral world, and believe that slavery, like other worn-out systems, will melt gradually before it.
James Russell Lowell
In retrospect, the reason for the assassination is hardly a mystery. It is now abundantly clear ... why the C. I. A.'s covert operations element wanted John Kennedy out of the Oval Office and Lyndon Johnson in it. The new President elevated by rifle fire to control of our foreign policy had been one of the most enthusiastic American cold warriors.... Johnson had originally risen to power on the crest of the fulminating anti-communist crusade which marked American politics after World War II. Shortly after the end of that war, he declaimed that atomic power had become 'ours to use, either to Christianize the world or pulverize it' -- a Christian benediction if ever there was one. Johnson's demonstrated enthusiasm for American military intervention abroad ... earned him the sobriquet 'the senator from the Pentagon....
Jim Garrison
When Taylor began his efforts at the Midvale Steel Company in the 1880s, several members of the American Society of Mechanical Engineers were likewise interested in labor management. Industrial capitalism was running up against renewed resistance from the growing ranks of labor, still committed to a sense of work integrity and craftsmanship. Task management, or scientific management as it came to be called, began to take shape in the eighties as the way to break the worker's threatening resistance. The heart of this approach is the systematic reduction of work into discrete, routinized tasks, totally separated from any policy decisions about the job. ... For capitalism to be firmly in control, it must monopolize information and techniques as surely as it controls the rest of the means of production. The worker must be permitted only to perform certain specific narrow tasks as planned by management.
John Zerzan
Some anti-Americanism derives simply from our being a colossus that bestrides the earth. This resentment may be incurable. But much anti-Americanism derives from the role U. S. political, economic, and military power has played in denying such freedoms to others. U. S. foreign policy has to be rethought. It needs not tweaking but overhauling. We need: a historical reckoning with crimes committed, sponsored, or permitted by the United States. [.. ] A country has to look back before it can move forward. Instituting a doctrine of the mea culpa would enhance our credibility by showing that American decision-makers do not endorse the sins of their predecessors. When Brandt went down on one knee in the Warsaw ghetto [in 1970], his gesture was gratifying to World War II survivors, but it was also ennobling and cathartic for Germany. Would such an approach be futile for the United States?
Samantha Power
Judah Benjamin said, "The nations of Europe continue to abhor our policy, try as we will to convince them that we cannot do otherwise. Mr. Mason has written from London that Her Majesty's government might well have been willing to extend us recognition two years ago, were it not for the continuation of slavery among us: so Lord Russell has assured him, at any rate. Mr. Thouvenel, the French foreign minister, has expressed similar sentiments to Mr. Slidell in Paris." Slavery, Lee thought. In the end, the world's outside view of the Confederate States of America was colored almost exclusively by its response to the South's peculiar institution. Never mind that the U. S. Constitution was a revocable compact between independent states, never mind that the North had consistently used its numerical majority to force through Congress tariffs that worked only to ruin the South. So long as black men were bought and sold, all the high ideals of the Confederacy would be ignored.
Harry Turtledove
He was the more surprised to see that Sumner invited a renewal of old relations. He found himself treated almost confidentially. Not only was he asked to make a fourth at Sumner's pleasant little dinners in the house on La Fayette Square, but he found himself admitted to the Senator's study and informed of his views, policy and purposes, which were sometimes even more astounding than his curious gaps or lapses of omniscience.
On the whole, the relation was the queerest that Henry Adams ever kept up. He liked and admired Sumner, but thought his mind a pathological study. At times he inclined to think that Sumner felt his solitude, and, in the political wilderness, craved educated society; but this hardly told the whole story. Sumner's mind had reached the calm of water which receives and reflects images without absorbing them; it contained nothing but itself.
Henry Adams
