“To me the question is, why are we denying them the obvious rights they should have? They are flesh and blood, they feel pain as we do, they experience joy, they have their own behaviours and their own languages among themselves that they understand and we don't.”
— Ingrid Newkirk
Founder and President of People for the Ethical Treatment of Animals (PETA)

The quote archive

Economics

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

a country that stops its citizens having access to Facebook, say, or Google or Skype, faces real disadvantages – from inward investment to domestic discontent…

— Ross Anderson

Unknown.

It hurts the laggards and benefits the smart ones- the smart ones will take the advantages and not say anything, and the laggards will complain.

— Charles Wyplosz

Leading economist specializing in European monetary integration and financial crises.

I have never seen a good case for protectionism, but I can see a case for slowing down trade integration because it can be highly disruptive to domestic firms, markets and people's income in the short-run.

— Charles Wyplosz

Leading economist specializing in European monetary integration and financial crises.

Every country that has managed to raise its standards of living has somehow integrated itself commercially with the rest of the world, it's probably a necessary condition.

— Charles Wyplosz

Leading economist specializing in European monetary integration and financial crises.

The case for free trade is much stronger than the case for free capital movement. The case for free capital movement is weak, because financial markets suffer from very serious failures (right now is a nice example of that).

— Charles Wyplosz

Leading economist specializing in European monetary integration and financial crises.

The general theory that integration is good for better allocation of resources is not the big thing, the big thing is that it makes it harder for governments to play with financial markets.

— Charles Wyplosz

Leading economist specializing in European monetary integration and financial crises.

This is a race to the future, a future powered by renewable energy sources and underpinned by efficient energy use. The winning nations, corporation and citizens will reap enormous benefits in terms of jobs, sustainable economic development, energy security and vastly improved local environments.

— Kumi Naidoo

Environmental activist & former Executive Director of Greenpeace International

During the twentieth century we saw consumption boom beyond the planets natural limits, beyond what the planet is capable of sustaining. Everything is connected, forest destruction is a major cause of global warming, climate change.

— Kumi Naidoo

Environmental activist & former Executive Director of Greenpeace International

We can cut our carbon emissions while achieving economic growth by replacing fossil fuels with renewable energy and energy efficiency. The technologies are already there, all we need is the political will.

— Kumi Naidoo

Environmental activist & former Executive Director of Greenpeace International

Taken together, mass migration, mass starvation and mass extinctions are what we will see if we sleep walk into a future of unmitigated climate change. These stresses will ruin economies and drive competition over dwindling resources.

— Kumi Naidoo

Environmental activist & former Executive Director of Greenpeace International

the U.S. faces a 25 percent chance of a double dip and deflation.

— Mohamed El-Erian

Chief Economic Advisor at Allianz; Global Markets Expert & Author

Risk of a double dip recession in advanced economies (US, Japan, Eurozone) has now risen to 40%.

— Nouriel Roubini

Economist known for predicting the 2008 financial crisis.

Risk of a double dip recession in advanced economies (US, Japan, Eurozone) has now risen to 40%.

— Nouriel Roubini

Economist known for predicting the 2008 financial crisis.

So when the economy's booming, banks are going to need 9.5% common equity, 11% Tier 1 capital, and 13% Tier 2 capital.

— Felix Salmon

Financial journalist and media critic specializing in economics and markets.

When credit in an economy is growing faster than the economy itself, a countercyclical capital buffer kicks in, which essentially says that banks need to have more capital in good times.

— Felix Salmon

Financial journalist and media critic specializing in economics and markets.