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- Page 76
Our aim was not to create profit, but jobs,' Sanchez Gordillo explained to me. This philosophy runs directly counter to the late-capitalist emphasis on 'efficiency' - a word which as been elevated to almost holy status in the neoliberal lexicon, but in reality has become a shameful euphemism for the sacrifice of human dignity at the altar of share prices.
Dan Hancox
Labor is sacrificed on the inflation rates altar of oblation.
Richard Gwynn
The only inexplicable aspect of the process was that economic theory (which is, after all, what economics students were supposed to know) served almost no function in an investment bank. The bankers used economics as a sort of standardized test of general intelligence.
Michael Lewis
The markets in the long run are no doubt driven by fundamental economic laws—if the United States runs a persistent trade deficit, the dollar will eventually plummet—but in the short run money flows less rationally. Fear and, to a lesser extent, greed are what make money move.
Michael Lewis
As UC Berkeley economics professor Brad DeLong put it to me:You get famine if the price of food spikes far beyond that of some people's means. This can be because food is short, objectively. This can be because the rich have bid the resources normally used to produce food away to other uses. You also get famine when the price of food is moderate if the incomes of large groups collapse.... In all of this, the lesson is that a properly functioning market does not seek to advance human happiness but rather to advance human wealth. What speaks in the market is money: purchasing power. If you have no money, you have no voice in the market. The market acts as if it does not know you exist and does not care whether you live or die.DeLong describes a marketplace that leaves people to die - not out of malice , but out of indifference.
Annalee Newitz
Americans were happy to celebrate their super-rich and, at least sometimes, worry about their poor. But putting those two conversations together and talking about economic inequality was pretty much taboo.
Chrystia Freeland
The failure of the roman system to furnish decent minimal standards for the mass of people was a fundamental cause of instability, both political and economic.
H.J. Haskell
When distance and convenience sets in; the small, the various and the personal wither away.
Jane Jacobs
If we try to run the economy for the benefit of a single group or class, we shall injure or destroy all groups, including the members of the very class for whose benefit we have been trying to run it. We must run the economy for everybody
Henry Hazlitt
Imagine the big rating agencies as three competitive saloons standing side by side, with each free to set its own drinking age. Before long, nine-year-olds would be downing bourbon
Roger Lowenstein
Nothing is easier to achieve than full employment, once it is divorced from the goal of full production and taken as an end in itself
Henry Hazlitt
In families one can’t choose one’s siblings. Within regions one doesn’t choose one’s neighbors. And if you are one of the world’s leading producers of a critical industrial resource like copper, in the end you can’t really choose your customers. China and Zambia will just have to get along.
Howard W. French
There is no economic law that says that everyone, or even most people, automatically benefit from technological progress.
Nicholas Carr
The economy depends about as much on economists as the weather does on weather forecasters.
Jean-Paul Kauffmann
Today, reports of the day’s events are conveyed to the viewing public by way of alternate universes, The Fox News cable channel conveys its version of reality, while at the other end of the ideological spectrum MSNBC presents its version. They and their many counterparts on radio are more the result of an economic dynamic than a political one. Dispatching journalists into the field to gather information costs money; hiring a glib bloviator is relatively cheap, and inviting opinionated guests to vent on the air is entirely cost-free. It wouldn’t work if it weren’t popular, and audiences, it turns out, are endlessly absorbed by hearing amplified echoes of their own biases. It’s divisive and damaging to the healthy functioning of our political system, but it’s also indisputably inexpensive and, therefore, good business.
Ted Koppel
I think the very best attitude for anyone investing in the stock market is to make up his mind to lose money.”— The Duchess Gloriana XII
Leonard Wibberley
Whatever Latin America sells—raw materials or manufactures—its chief export product is really cheap labor.
Eduardo Galeano
In those meetings, I learned that even economic diagrams needn’t be linear. Ours was a nest of concentric circles, and an enterprise was measured by its value to each circle, from the individual and family to the community and environment. I realized that Rebecca and her colleagues were trying to do nothing less than transform the System of National Accounts, the statistical framework here and in most countries for measuring economic activity. For instance, the value of a tree depends on its estimated value or sale price, but if it is sold and cut down, there is no accounting on the debit side of the ledger for loss of oxygen, seeding of other trees, or value to the community or the environment. This group was inventing a new way of measuring profit and loss. By the end of our days together, I understood economics in a whole new way. A balance sheet really could be about balance.
Gloria Steinem
Who needs theory when you have so much information? But this is categorically the wrong attitude to take toward forecasting, especially in a field like economics where the data is so noisy.
Nate Silver
It is an economic fact that predicting the future is most valuable when everybody thinks you are wrong
Derek Thompson
To sell something familiar, make it surprising. To sell something surprising, make it familiar.
Derek Thompson
It is an economic fact that predicting the future is most valuable when everybody things you are wrong.
Derek Thompson
Everything we get, outside of the free gifts of nature, must in some way be paid for. The world is full of so- called economists who in turn are full of schemes for getting something for nothing. They tell us that the government can spend and spend without taxing at all; that it can continue to pile up debt without ever paying it off, because "we owe it to ourselves.
Henry Hazlitt
For every dollar that is spent on the (boondoggle) bridge a dollar will be taken away from taxpayers. If the bridge costs $1,000,000 the taxpayers will lose $1,000, 000. They will have that much taken away from them which they would otherwise have spent on the things they needed most.
Henry Hazlitt
need is not demand. Effective economic demand requires not merely need but corresponding purchasing power.
Henry Hazlitt
This points to a nagging and important question about free-market ideologues: Are they ‘true believers’, driven by ideology and faith that free markets will cure underdevelopment, as is often asserted, or do the ideas and theories frequently serve as an elaborate rationale to allow people to act on unfettered greed while still invoking an altruistic motive?
Naomi Klein
There are men regarded today as brilliant economists, who deprecate saving and recommend squandering on a national scale as the way of economic salvation; and when anyone points to what the consequences of these policies will be in the long run, they reply flippantly, as might the prodigal son of a warning father: "In the long run we are all dead." And such shallow wisecracks pass as devastating epigrams and the ripest wisdom.
Henry Hazlitt
This is perhaps as good a place as any to point out that what distinguishes many reformers from those who cannot accept their proposals is not their greater philanthropy, but their greater impatience. The question is not whether we wish to see everybody as well off as possible. Among men of good will such an aim can be taken for granted. The real question concerns the proper means of achieving it. And in trying to answer this we must never lose sight of a few elementary truisms. We cannot distribute more wealth than is created. We cannot in the long run pay labor as a whole more than it produces.
Henry Hazlitt
The number of games went up or down according to the brutal, elegant logic of the economics of fun:a certain amount of difficultyplusa certain amount of your friendsplusa certain amount of interesting strangersplusa certain amount of rewardplusa certain amount of opportunityequaledfun
Cory Doctorow
The routines of almost all famous writers, from Charles Darwin to John Grisham, similarly emphasise specific starting times, or number of hours worked, or words written. Such rituals provide a structure to work in, whether or not the feeling of motivation or inspiration happens to be present. They let people work alongside negative or positive emotions, instead of getting distracted by the effort of cultivating only positive ones. ‘Inspiration is for amateurs,’ the artist Chuck Close once memorably observed. ‘The rest of us just show up and get to work.
Oliver Burkeman
The only way to do great work is to just do it!
Wali Zahid
All of a sudden, in the good-natured child, the woman stood revealed, a disturbing woman with all the impulsive madness of her sex, opening the gates of the unknown world of desire. Nana was still smiling, but with the deadly smile of a man-eater.
Émile Zola
Too many people were obsessed with their heads and were alienated from their bodies, Perls believed, adding: “We have to lose our minds and come to our senses.
Gay Talese
Group nudity could also be personally beneficial, according to psychologist Abraham M. Maslow, who believed that nudist camps or parks might be places where people can emerge from hiding behind their clothes and armor, and become more self-accepting, revealing, and honest.
Gay Talese
An individual with genital character, according to Reich, was fully in contact with with his body, his drives, his environment- he possessed “orgastic potency,” the capacity to “surrender to the flow of energy in the orgasm without any inhibition…free of anxiety and unpleasure and unaccompanied by fantasies”; and while genital character alone would not assure enduring contentment, the individual at least would not be blocked or diverted by destructive or irrational emotion or by exaggerated respect for institutions that were not life-enhancing.
Gay Talese
Departing from Freud’s exclusively verbal analysis, Reich studied the body as well as the mind, and he concluded after years of clinical observation and social work that signs of disturbed behavior could be detected in a patient’s musculature, the slope of his posture, the shape of his jaw and mouth, his tight muscles, rigid bones, and other physical traits of a defensive or inhibiting nature. Reich identified this body rigidity as “armor.
Gay Talese
He believed that all people existed behind varying layers of armor which, like the archaeological layers of earth itself, reflected the historical events and turbulence of a lifetime. An individual’s armor that had been developed to resist pain and rejection might also block a capacity for pleasure and achievement, and feelings too deeply trapped might be released only by acts of self-destruction or harm to others. Reich was convinced that sexual deprivation and frustration motivated much of the world’s chaos and warfare.
Gay Talese
While the moral force of Judeo-Christian tradition and the law have sought to purify the penis, and to restrict its seed to the sanctified institution of matrimony, the penis is not by nature a monogamous organ. It knows no moral code. It was designed by nature for waste, it craves variety, and nothing less than castration will eliminate the allure of prostitution, fornication adultery, or pornography.
Gay Talese
Interestingly, the historic case of 1868 in England that first defined obscenity-known among lawyers as the Hicklin decision- evolved out of the prosecution of a pamphlet describing how priests were often so sexually aroused while hearing women’s confessions that they sometimes masturbated and even copulated with their repentant subjects in the confessional.
Gay Talese
The penis, often regarded as a weapon, is also a burden, the male curse.
Gay Talese
Whatever influence Bullaro’s normally cautious character might have exerted over the passions of his penis were now nonexistent, and he unhesitatingly followed her and quickly undressed.
Gay Talese
Men admitted to being endlessly fascinated with the naked female form; they appreciated women in a detached, impersonal way that women, even those women who were flattered by such attention, rarely understood.
Gay Talese
in a male-dominated world, Reich suggested, there was an “economic interest” in the continued role of women as “the provider of children for the state” and the performer of household chores without pay.
Gay Talese
You cannot explain, with the limitations of language and inexperience, why your body can cause such a sudden, fumbling response in someone else, nor can you put into exact words what you feel about your body, explain the thrum it feels in proximity to another warm-skinned form. What you feel is a tangle of contradictions: power, pleasure, fear, shame, exultation, some strange wish to make noise. You cannot say how those things knit themselves together somewhere in the lower abdomen and pulse.
Marya Hornbacher
Women are not wrong if they react instinctively – often jealously – against their partner’s interest in porn, since pornography is actually, neurologically, a woman’s destructive rival for her man’s sexual capabilities.
Naomi Wolf
No matter how beautiful women are, they’re always worried that they aren’t attractive enough. They need to be reassured. A few don’t, but even they appreciate the attention.
Michael Schmicker
She exuded a raw, animal magnetism that left boys like me tongue-tied, and made men ignore their wives and crowd up close.
Michael Schmicker
Like the pagans of old, unaffected by climate, the British were now dancing around a giant phallus. Unlike the pagans theirs was a sterile phallus, disarmed by condoms and pills - the first heathen sexual cult to be based around sterility rather than fertility.
Peter Hitchens
Sometimes Yoel had the feeling that it was not his sexual organ but his whole being that was penetrating and luxuriating inside her womb. That he was entirety wrapped up and quivering inside her. Until with each caress the difference between caresser and caressed vanished, as though they had ceased being a man and a woman making love and had become one flesh.
Amos Oz
People sometimes tells me that they're baffled by bisexuality. They are convinced that having sex with women is totally different from having sex with men. But it isn't. No more than having sex with anyone is totally different from having sex with anyone else.
Ariel Levy
We all do it (or I used to-yes, once in a while, Franklin, what did you think?), we all know we all do it, but it isn't customary to say, "Honey, could you keep an eye on the spaghetti sauce, because I'm going to go masturbate.
Lionel Shriver
She had not wanted him to but had let him have his way because ever since she was a child she had generally yielded before anyone with strong willpower, especially if it was a man, not because she was naturally submissive, but because strong male willpower gave her a feeling of safety and trust, together with acceptance and a desire to give in.
Amos Oz
We should be telling girls what they already know but rarely see affirmed: that the lives they lead inside their own self-contained bodies; the skills they attain through their own concentration and rigor, and the unique phase in their lives during which they may explore boys and eroticism at their own pace - these are magical. And they constitute the entrance point to a life cycle of a sexuality that should be held sacred.
Naomi Wolf
A man's life is all he has. When you're old, it's all you'll ever have.
Miguel Syjuco
...summer softens lines that winter cruelly shows...
John Geddes
...You won't age? I promise you this - your hands will go shiny and transparent and at the slightest bruise they'll bleed...
John Geddes
It really doesn't bother me," she said. "I've always thought it stupid to try to hide your age, or to pretend to be younger than you are. Denying your age is like denying your life.
Arturo Pérez-Reverte
Allan Emmanuelle Karlsson closed his eyes and felt perfectly convinced that he would now pass away for ever. It had been exciting, the entire journey, but nothing lasts for ever, except possibly general stupidity.
Jonas Jonasson
You aren't really old until nothing is fun enough to make you forget the weather.
Robert Quillen
Time slipped and slid around him, unanchored by any fact that could be verified. Perhaps it did not matter. 'Where does our story take place, and when?' asked Cocteau at the start of Orphée. 'It's the privilege of legends to be ageless. Comme il vous plaira. As you please.
Ann Wroe
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