Economic growth creates jobs, and countries grow when they educate their people and pursue policies that encourage households to save, existing businesses to invest, and entrepreneurs to innovate and create new markets. Peter Blair Henry Read Quote
I think that whether you’re on the right or on the left as an economist or as a policy maker, every serious analyst I know agrees that at some point you have to deal with entitlements. Peter Blair Henry Read Quote
A government decision that slashes spending at the wrong time and sends a weak economy into a tailspin can be just as undisciplined as one that unleashes a wasteful spending spree in an overheated environment. Peter Blair Henry Read Quote
Between 2001 and 2011, Brazil lifted 20 million people out of poverty and into its growing middle class, and in the last quarter of the twentieth century Botswana’s gross domestic product per capita grew faster than that of any other country on the planet. The once-labeled ‘Third World’ is edging its way into the ‘First World.’ Peter Blair Henry Read Quote
Fear of foreign domination in India led the Janata Party, in the 1970s, to push for partial Indian ownership of all multinational firms within the country. The result was a spectacular pullback, by companies such as IBM and Coca-Cola, and a stagnant economy. Peter Blair Henry Read Quote
Just as an individual’s ability to delay gratification at a young age is a powerful predictor of future academic and professional achievement, discipline is also central to the long-run economic health of nations. Peter Blair Henry Read Quote
