Economists often like startling theorems, results which seem to run counter to conventional wisdom. - Joseph Stiglitz

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In our days of prosperity it is more difficult to sustain a religious spirit than in times of adversity, because we are apt to forget that God who has bountifully given may also take away.

Joseph Stiglitz

Economists often like startling theorems, results which seem to run counter to conventional wisdom.

Results, Run, Running, Startling, Wisdom

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Certainly, the poverty, the discrimination, the episodic unemployment could not but strike an inquiring youngster: why did these exist, and what could we do about them.

Episodic, Inquiring, Poverty, Unemployment

The momentum today behind the idea of a new global reserve currency reflects, in effect, the rise of the rest in world politics and economics, led by China.

Currency, Politics, Rest, Today, World

The powershift began already several years ago, under the Bush administration, when the dollar became very volatile and started declining. That is when China shifted from having almost 100 percent of its reserves in dollars to 75 percent. Some countries went completely out of the dollar. The dollar, for all intents and purposes, lost its special reserve status and people starting talking about a portfolio, or basket, approach as a store of wealth instead of the dollar.

Already, Basket, Country, Instead, People, Special

Policies seemed almost deliberately designed to suppress new enterprise and job creation. How many Americans will start a business if the interest rates are 150 percent?

Americans, Business, Creation, Enterprise, Interest, Suppress

China's accumulation of reserves is a result of the IMF's mismanagement of the Asian financial crisis a decade or so ago. If countries know they can't rely on the IMF to help them, their best defense is their own reserve cushion. In a time of spreading global recession, too much emphasis on savings in surplus countries like China can impede prospects for global growth.

Asian, Country, Decade, Growth, Helping, Know

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Rachel Simon

In our days of prosperity it is more difficult to sustain a religious spirit than in times of adversity, because we are apt to forget that God who has bountifully given may also take away.

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Anne Bronte

But as the priceless treasure too frequently hides at the bottom of well, it needs some courage to dive for it, especially as he that does so will be likely to incur more scorn and obloquy for the mud and water into which he has ventured to plunge, than thanks for the jewel he procures; as like in manner, she who undertakes the cleansing of a careless bachelor's apartment will be liable to more abuse for the dust she raises than commendation for the clearance she effects.

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Vinton Cerf

My reaction to a lot of the current situation that we're in is based in part on a serious concern that the present administration's course ignores reality.

Administration, Based, Ignores, Reality, Serious

Edward Said

And in this relentlessly unfolding series of interactions, the U. S. has played a very distinctive role, which most Americans have been either shielded from or simply unaware of.

Americans, Distinctive, Interaction, Interactions, Roles, Unfolding

David Whyte

Put down the weight of your aloneness and ease into the conversation. Pay attention to everything in the world as if it's alive. Realize everything has its own discrete existence outside your story. By doing this, you open to gifts and lessons that the world has to give you.

Attention, Down, Gifts, Giving, Stories, Weight