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Quote by Jacques Delors
The problem of how we finance the welfare state should not obscure

The problem of how we finance the welfare state should not obscure a separate issue: if each person thinks he has an inalienable right to welfare, no matter what happens to the world, thats not equity, its just creating a society where you cant ask anything of people. – Jacques Delors

Other quotes by Jacques Delors

We have to struggle against the conservatives from all sides, not only the right-wingers, but also the left-wing conservatives who dont want to change anything. – Jacques Delors

Category:
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Author
Jacques Delors
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finance
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To finance this trade deficit, the U.S. has to borrow from the rest of the world or sell American assets like stocks, businesses, and real estate to the rest of the world. – Martin Feldstein

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I had some of the students in my finance class actually do some empirical work on capital structures, to see if we could find any obvious patterns in the data, but we couldnt see any. – Merton Miller

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