The development of a political-economic framework to explore long-run institutional change occupied me during all of the 1980s and led to the publication of Institutions, Institutional Change and Economic Performance in 1990.
Quotes about long-run (16 Quotes)
Housing prices nationally were rising largely due to favorable fundamentals rather than to speculative pressures that would be indicative of a housing market bubble. However, the situation seems to have changed recently. Affordability has deteriorated significantly in the second and third quarters of 2005 as housing price increases have spiked higher. As a result, affordability is quickly closing the gap relative to this measure's long-run historical average.
There is a palpable unease that businesses and jobs are being drained from the United States, with potentially adverse long-run implications for unemployment and the standard of living of the average American,
A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output.
It's clear that the medium and long-run fiscal challenges facing the country have to do with the rise of entitlement spending, they have to do with the longer run imbalances that we've created in the structure of the system.
I've been very lucky to work on a wide variety of projects, including two long-run and top-10 dramatic television shows. That is why it is so important to offer a helping hand to the next generation of young Latinos coming up behind me.
Here again, the business cycle will determine more than the commander in chief in the near term. There is very little the president can do to stimulate the job market quickly, ... but there is much the president can do to stimulate the job market long-run.
This step would in no way reduce the importance of maximum employment as a policy goal, ... In any case, I assure this committee that if I am confirmed, I will take no precipitate steps in the direction of quantifying the definition of long-run price stability. This matter requires further study at the Federal Reserve as well as extensive discussion and consultation.
I am not a long-run actor. I admire actors who can do that.
The goal of long-run economic growth without asset price bubbles is not only achievable, but is something we should expect if we put a sound regulatory framework in place and if policymakers remain vigilant.
Again and again I therefore admonish my students in Europe and America Don't aim at success the more you aim at it and make it a target, the more you are going to miss it. For success, like happiness, cannot be pursued it must ensue, and it only does so as the unintended side effect of one's personal dedication to a cause greater than oneself or as the by-product of one's surrender to a person other than oneself. Happiness must happen, and the same holds for success you have to let it happen by not caring about it. I want you to listen to what your conscience commands you to do and go on to carry it out to the best of your knowledge. Then you will live to see that in the long-run in the long-run, I say success will follow you precisely because you had forgotten to think about it.
California better hope he's not in it for the long-run, ... From Day 1, I stood up to Arnold Schwarzenegger because I thought he was doing the wrong things to California. I'm looking forward to this race.
In the long-run every Government is the exact symbol of its People, with their wisdom and unwisdom; we have to say, Like People like Government.
The Committee continues to believe that, against the background of its long-run goals of price stability and sustainable economic growth and of the information currently available, the risks are weighted mainly toward conditions that may generate economic weakness in the foreseeable future,
We can raise rates, we can borrow more money, or we can mitigate. In the long-run, we can lower costs if we mitigate heavily in this state.
It's not a popular thing to say, but my suspicion is that it is upper income groups who tend to invest, and it's really investment that leads to stronger future growth, not consumption. If the tax code were skewed more in favor of middle-income groups, it's not clear to me that we would have a positive long-run impact on the economy.