Guarantee Quotes - page 7
Economic growth occurs if output grows faster than population. Given the described assumptions about the way people behave, economic growth will occur if property rights make it worthwhile to undertake socially productive activity. The creating, specifying and enacting of such property rights are costly... As the potential grows for private gains to exceed transaction costs, efforts will be made to establish such property rights. Governments take over the protection and enforcement of property rights because they can do it at a lower cost than private volunteer groups. However, the fiscal needs of government may induce the protection of certain property rights which hinder rather than promote growth; therefore we have no guarantee that productive institutional arrangements will emerge.
Douglass North
I have read a great deal now on the neurological side and much on the anthropological side and on the philosophical side and we have had all these discussions and all the time I have the feeling that something may break. I mean that some little light at the end of the tunnel may be sensed or some flash of insight may come. I of course know very well that there is no guarantee it will come, but I have already got myself into this state of expectancy that something will come to my imagination which has some germ of truth about it in this most difficult field.
John Carew Eccles
It is necessary to restore the dignity of the presidential office and cut it off decisively from non-transparent connections... For the first time in many years, I see a chance in Poland for major change. The presidential office can guarantee that these changes are carried out without undermining the social equilibrium.
Lech Kaczyński
In the end if the system still ‘works' it is because women guarantee unpaid transportation... because they repair their homes, because they make meals when there are no canteens, because they spend more time shopping around, because they look after others' children when there are no nurseries, and because they offer ‘free entertainment' to the producers when there is a social vacuum and the absence of cultural creativity. If these women who ‘do nothing' ever stopped to do ‘only that', the whole urban structure as we know it would become completely incapable of maintaining its function.
Manuel Castells
[In 1956], Prohibition we have to make it successful. To whatever extent we go forward it must be attained effectively. We are told that only a very small percentage drink in India. That should be an added reason for carrying out prohibition because it should be easier to make it successful. When large numbers drink there is a no strong opinion against it. But if ninety percent do not, it is reservoir of public opinion which if utilized properly is a guarantee of success of prohibition.
Gulzarilal Nanda
