economics Quotes

It’s been proven that of all the interventions to reduce poverty, improving agricultural productivity is the best.

So on the demand side [for energy], there have been a variety of policies that globally have been way over $50 billion a year of tax credits, raising the price of electricity through things like renewable portfolio standards, so the... ...

R&D generally has been a bipartisan thing, because in the IT space, in the medical space, the U.S., the benefits to ourselves and the world and our economy have been very, very clear. I'm hopeful we can make a very... ...

The genius of capitalism lies in its ability to make self-interest serve the wider interest. The potential of a big financial return for innovation unleashes a broad set of talented people in pursuit of many different discoveries. This system, driven... ...

Antitrust is the way that the government promotes markets when there are market failures. It has nothing to do with the idea of free information.

Finally, assuming that many of those are fulfilled, which won't be easy in tight budget times, we're taking the supply side at the basic research level, because that's where government is absolutely fundamental.

Intermittency [in availability for wind and solar] changes the economics, particularly this requirement that the power company at all times be able to require power. That's large.

We have to find a way to make the aspects of capitalism that serve wealthier people serve poorer people as well.

If people want capital gains taxed more like the highest rate on income, that's a good discussion. Maybe that's the way to help close the deficit.

Capitalism has worked very well. Anyone who wants to move to North Korea is welcome.