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Amity Shlaes Quotes

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Last Updated on May 30, 2021

Government
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Nov 07, 2020

Many writers, including myself, have detailed how irresponsible government actions slow economic recoveries. Similar behavior by individuals impedes growth, too. If you can't find someone reliable to do a deal with, you simply don't do the deal at all.

Grow
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Nov 07, 2020

Entitlements seem to grow with prosperity; not only because they are indexed to inflation or GDP, but also because a prosperous country tells itself it can afford more benefits.

Care
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Nov 07, 2020

To investors, job creation is a second-order effect. Market participants care first about interest rates, exchange rates, bond prices and the one great factor that affects all three: the long-term solvency of a bond company called the U.S. government.

Nov 07, 2020

Prices don't merely reflect what people think things ought to cost today; they also reflect what people expect items to cost tomorrow.

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