Dani Rodrik quotes
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“Unlike national markets, which tend to be supported by domestic regulatory and political institutions, global markets are only 'weakly embedded'. There is no global lender of last resort, no global safety net, and of course, no global democracy. In other words, global markets suffer from weak governance, and are therefore prone to instability, inefficiency, and weak popular legitimacy.”
-- Dani RodrikSource : Dani Rodrik (2012). “The Globalization Paradox: Why Global Markets, States, and Democracy Can't Coexist”, p.13, OUP Oxford
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“What determines success in industrial policy is not the ability to pick winners but the capacity to let the losers go.”
-- Dani Rodrik
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“People everywhere confuse what they read in newspapers with news.”
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“We have too many high-sounding words, and too few actions that correspond with them.”
Source : Abigail Adams, John Adams, L. H. Butterfield, Marc Friedlaender, Mary-Jo Kline (1975). “The Book of Abigail and John: Selected Letters of the Adams Family, 1762-1784”, p.80, UPNE
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“To work and suffer is to be at home. All else is scenery ...”
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