That means following a very restrictive fiscal and monetary policy which will squeeze the monopolies and cut their subsidies. On the micro level we will allow other economic agents, both domestic and foreign, to compete with them. Vaclav Klaus Read Quote
Privatization of the state-owned economy is not yet on the agenda. We cannot do it immediately; my colleagues would not agree to it. But we must put all forms of ownership on an equal footing immediately and let different types of ownership compete with the state firms. Vaclav Klaus Read Quote
Those of us who lived under communism for most of our lives were looking toward the Western world because of its values, emphasis on democracy, individual liberties and freedom, and economic prosperity. Vaclav Klaus Read Quote
It is what makes the reform process an art, not just a science. You have to develop a strategy that tells you what reform measures you should follow and in what sequence. Vaclav Klaus Read Quote
I was paid to read Western economic texts. In a way, the regime paid for their own undermining. Vaclav Klaus Read Quote
I also helped write the five-page statement of principles that Civic Forum issued in late November. That was the first public expression of what the new government wanted to do. Vaclav Klaus Read Quote
By the time I returned to Czechoslovakia, I had an understanding of the principles of the market. Vaclav Klaus Read Quote
What we want is to establish the rules of a market economy – not to plan its outcome. Vaclav Klaus Read Quote
The attempts to command the climate and decide about the temperature on our planet are wrong and arrogant. I wrote a book about it which was published in English under the title ‘Blue Planet in Green Shackles.’ Vaclav Klaus Read Quote
