Quotes about "Money & Wealth"

The financial benefits of prefabrication have never been as large as its advocates predicted, for although some labor costs can be reduced by machine manufacturing, on-site assembly of any building still depends to some extent on the handwork of skilled craftsmen. ”

The truth be told, the World Trade Center was neither a very good work of architecture nor a very successful piece of urbanism. Its shortcomings were somewhat mitigated by the westward and southward expansion of the World Financial Center and Battery Park City during the 1980s. ”

I think that over the last few decades, we have seen better economic outcomes than in the past. ”

But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries. ”

The only way that we can reduce our financial dependence on the inflow of funds from the rest of the world is to reduce our trade deficit. ”

So just as I want pilots on the planes that I fly, when it comes to monetary policy, I want to think that there is someone with sound judgement at the controls. ”

Homeowners who refinanced their mortgages took out cash and reduced their monthly payments at the same time. Much of the cash obtained by refinancing was spent on consumer durables, home improvements and the like. ”

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. ”

That's the very definition of freedom: to be allowed to develop our own creative potential to the fullest. But it doesn't have to be in the arts, obviously. In my case, I gravitated toward the arts. ”

As a novelist, I tell stories and people give me money. Then financial planners tell me stories and I give them money. ”