“China will soon be the world's largest economy and is a state-capitalist nation meaning that the government controls the largest part of the economy. Unlike free markets, that means that finance is necessarily a critical tool of government. In China though, major corporations are a tool of government and so if we're moving to a world where China is going to be dominant economy, by definition finance will be their weapon.”
— Ian Bremmer
Founder of Eurasia Group & Political Risk Analyst

The quote archive

Wisdom in fragments

A growing archive of 3,000+ moments, drawn from every interview.

People often say to me, 'You must be so pleased with the effects your work has had.' But the daily feeling is frustration. There's much more to do. For kidney transplantation, I could tell you about victory after victory in a war we're losing -- because the shortage of transplants is growing rather than shrinking, as diabetes and hypertension become an epidemic. There's so much to do, so little time, and it's so hard to be persuasive.

— Roth on victory in a war we’re losing

Robert Edwards won the 2010 Nobel Prize for IVF. By then, millions of children had been born through it. On the very day his Nobel was announced, the Vatican said giving him the prize was 'completely out of order'. Same person, same achievement, same day -- celebrated as a saviour by some, condemned as a murderer by others. That is what a real moral controversy looks like. It doesn't dissolve, even after the technology has changed millions of lives.

— Roth on the IVF paradox and moral controversy

There's an Overton window of policies you can make, but it's a wider window than the policies you can run your political campaign on. It's more a matter of legislators than politicians -- even though they're the same people.

— Roth on the Overton window for policy

The Red Crescent sheik said: 'That would just be giving his life back. We could do that.' A WHO official, told that the same Filipino patient would have died without our exchange, exclaimed, 'He should be dead!'

— Roth on the moral economics of life and death

Banning a market in which some people nevertheless want to participate may be the first step in designing the illegal black market that will emerge.

— Roth on bans and black markets

It's quite hard to effectively ban something in Europe that's available legally in California. Often bans that are porous put up barriers that primarily affect the poor more than the rich.

— Roth on porous bans and the poor

We wouldn't like there to be any heroin in society, but there's plenty of heroin. So our discussion can't just concern our moral feelings about drug addiction. It has to involve our consequential feelings about prisons, overdose deaths, and the effect on communities. You can't escape consequences when you talk about the world.

— Roth on consequences and moral debate

A repugnant transaction has fans as well as foes. When I call something repugnant, I'm not saying I oppose it, or that you should -- only that it has opponents who raise objections primarily on moral grounds.

— Roth on what makes a transaction repugnant

Not only are incomes being lost — a sense of community, a sense of pride, a sense of belonging has also been lost. Those things clearly matter for human wellbeing. We’re just not very good at measuring them.

— Not only are incomes being lost

One interesting way to break the sunk cost is to think about the cost of staying to other people. You might be willing to absorb the abuse yourself — but are you willing to put your family through the effects of your staying?

— Leanne ten Brinke on breaking the sunk cost fallacy