All Quotes

It's very important to say that what I mean when I say 'liberal' is liberal in the 19th-century British sense. Pro-market, pro-individual, freedom, pro-openness. Not the American sense. ”

Developing countries have much to gain from capital mobility: the ability to tap external sources of finance, greater financial efficiency from deeper stock and bond markets, and technology transfer and know-how from foreign direct investment. ”

When financial sectors are small and capital is mobile, floating exchange rates spell massive currency volatility. When a lot of foreign capital flows in, a freely floating exchange rate rises sharply, wreaking havoc for domestic banks and exporters alike. ”

Regional currencies will prove the best route to reconciling the economic imperatives of increasing international capital mobility with the political realities of the nation-state. ”

You make money out of things people pay for. ”

Subscriptions is the bulk of our business; ads are nice to have on top of that. ”

Firstly, I think the values that underpin all liberals, frankly - classical liberals, all liberals - of respect for the individual and freedom are worth fighting for. ”

Although the world has changed dramatically since 1843, we believe that the values that guide 'The Economist' are as relevant as ever. ”

The former West Germany was a semi-sovereign political pygmy, protected by America's military might and with barely any foreign policy of its own. As a result, the country has no machinery or tradition of strategic thinking, and most Germans are loth to see their government take the lead. ”

I care about waking up to the true issues of the 21st century: inequality, diversity, and the impact of tech. ”