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Canadian - Educator
June 21, 1914
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View All Citation Styles →I define genuine full employment as a situation where there are at least as many job openings as there are persons seeking employment, probably calling for a rate of unemployment, as currently measured, of between 1 and 2 percent.
This paper was one of my digressions into abstract economics.
The supply-side effect of a restrictive monetary policy is likely to be perverse, in that high interest rates enter into costs and thus exert inflationary pressure.
Balancing a nominal budget will solve nothing, and attempting to achieve such a spurious balance will produce much mischief.
Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level.
Don't you think you're just rearranging deck chairs on the Titanic?
Increasingly prices are set by sellers to raise their prices without a loss of sales sufficient to wipe out the gain.
The job of the artist is always to deepen the mystery.
The artist's job is to be a witness to his time in history.
It is a mistake for a sculptor or a painter to speak or write very often about his job. It releases tension needed for his work.
To catch a husband is an art; to hold him is a job.
Real power is being able to take care of yourself. My job is to make art, but I aspire to do more than that.
Americans are the most generous country on the planet. I've worked in Europe, I've worked in Australia. There is no where else where you get absolutely no attitude for being a foreigner. If you do your job well, they embrace you.