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There are many in Europe and America who believe that our current troubles arise from excess debt, at both the household and national level. Those focusing on debt at the national level have warned that debt financed spending will in the long run be counterproductive.
— Joseph E. Stiglitz
Nobel Prize-Winning Economist & Critic of Globalization
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While the crisis made the problems of the euro-structure clear, they were present long before. Indeed, the euro helped create the crisis: for the markets seemed to have vastly overestimated the extent to which the single market/single currency had reduced risk (another example of market irrationality), leading to excessive lending to the afflicted countries.
— Joseph E. Stiglitz
Nobel Prize-Winning Economist & Critic of Globalization
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The representative agent model (and its descendants) imposed a straightjacket that made it difficult to think clearly about what was going on [in the economy]… To me [Stiglitz], the strangest aspect of modern macroeconomics was that the central banks were using a model in which banks and financial markets played no role.
— Joseph E. Stiglitz
Nobel Prize-Winning Economist & Critic of Globalization
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The countries where people are happiest are ones which are much more domestically oriented and not seeking world-power.
— Richard A. Easterlin
Economist known for the Easterlin Paradox on income and happiness
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Research has shown that when you compare the effect of a 1% change in unemployment rate and 1% change in the inflation rate; a 1% increase in unemployment has a bigger impact on people's happiness than a 1% increase in inflation.
— Richard A. Easterlin
Economist known for the Easterlin Paradox on income and happiness
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GDP and GNP shouldn't be scrapped, they're of value, but they don't even give us an indication of economic well-being let alone individual well-being
— Richard A. Easterlin
Economist known for the Easterlin Paradox on income and happiness
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The law is not an end in itself, but a means to achieve justice. When the law fails to deliver justice, we must be willing to reform the law, not abandon the pursuit of justice.
— Lord Woolf
Former Master of the Rolls & English judicial law reform pioneer
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Freedom of expression isn't just about protecting popular speech - it's about creating the conditions where unpopular ideas can challenge power and where dissent can flourish without fear.
— David Kaye
Voice actor best known for voicing Megatron in Transformers series
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Society at large only sporadically pays attention to the extraordinarily despair-producing conditions in which young black poor youth attempt to survive.
— Tricia Rose
Hip-hop scholar and cultural critic; author of "Black Noise
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British identity is profoundly tied-up with Europe and vice-versa.
— Brendan Simms
Historian specializing in German history and British foreign policy
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The EU needs reform. Countries have transferred jurisdiction over legislations to a centre that makes decisions in somewhat of a vacuum, featuring a European Parliament that cannot itself initiate legislation. We have a paradox therefore where national parliaments give certain powers to the centre, without being compensated through the creation of an essential federal sovereignty.
— Yanis Varoufakis
Greek Finance Minister during eurozone debt crisis negotiations
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The Convention on the Rights of the Child is not just a document - it's a promise we made to every child on this planet that they matter, that their voices count.
— Dr. Jean Zermatten
UN expert on child rights and protection, former Swiss judge
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For the first time in over 20 years, I feel brown… I find myself being extra careful in terms of how I dress, where I go, how I speak, what I carry and how I behave; not to conform to any new social norms- but rather, so that people don't mistake me for a terrorist.
— Vikas Shah
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To change motivation, it is important to give hope and make people believe. But also to give concrete results. It is important to value the positive instead of only highlighting the worst.
— António Costa
Prime Minister of Portugal (2015-2024)
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Portugal is generally perceived as a symbol of tolerance, openness to the world and ability to interact with and serve as a bridge to different societies, cultures and religions.
— António Costa
Prime Minister of Portugal (2015-2024)
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More girls have been killed in the past fifty years, precisely because they were girls, than men were killed in all the battles of the twentieth century.
— Sheryl Wudunn
Pulitzer Prize Winner & Co-Author of Half the Sky