Capital Quotes
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If I am right in supposing it to be comparatively easy to make capital-goods so abundant that the marginal efficiency of capital is zero, this may be the most sensible way of gradually getting rid of many of the objectionable features of capitalism.
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Milken, counting on nothing except his judgment that “junk” bonds weren’t really junk and that the entrepreneurs and businesses he was helping were good, led the revolution that would liberate capital from the turgid old boy network so that it could eventually find its way to Silicon Valley.
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These are special schemes for transferring capital abroad through banks.
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Everyone knows, or has strongly suspected, that capital theory is difficult.
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There is no intrinsic reason for the scarcity of capital.
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Developing countries have much to gain from capital mobility: the ability to tap external sources of finance, greater financial efficiency from deeper stock and bond markets, and technology transfer and know-how from foreign direct investment.
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When financial sectors are small and capital is mobile, floating exchange rates spell massive currency volatility. When a lot of foreign capital flows in, a freely floating exchange rate rises sharply, wreaking havoc for domestic banks and exporters alike.
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I don't think a lot of people have been entrepreneurial about venture capital.
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Money is not capital in most of the developing countries. It's just cash. Because it lacks the institutional, organizational, managerial forms to turn it into capital.
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Today we affirm our commitment to lower Manhattan and the City of the New York, the financial capital of the world.
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Time is really the only capital that any human being has, and the only thing he can't afford to lose.
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Centralization at the national capital or within a business undertaking always glorifies the importance of pieces of paper This dims the sense of reality.
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It is a capital mistake to theorize before you have all the evidence. It biases the judgment.
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Faith is hidden household capital.
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It is a capital mistake to theorize before one has data. Insensibly one begins to twist facts to suit theories, instead of theories to suit facts.
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The tale is, in large part, our capital. I was nourished on tales...when an old person dies, a whole library disappears.
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In central banking circles, it is viewed as obvious that the accumulation and destruction of reputational capital more closely resembles adaptive than rational expectations — it lags behind reality. Here, I think, the central bankers are closer to the truth than the economic theorists.
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Living in the capital, I worry about terrorism, but I no longer panic. For this I have my child to thank.
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Murder and capital punishment are not opposites that cancel one another, but similars that breed their kind. It is the deed that teaches not the name we give it.
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The Philadelphia region does have capital, but there's no concentration of it.
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Berkshire Hathaway can transfer excess capital from businesses that don't need it to businesses that do need it, tax free and in a way that enhances compound annual growth rates.
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Capital is kind of a banking concept.
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The present assault upon capital is but the beginning. It will be but the stepping-stone to others, larger and more sweeping, till our political contests will become a war of the poor against the rich; a war growing in intensity and bitterness.
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Because in the New Normal you are more worried about the return of your capital, not return on your capital.
