Peter Blair Henry Quotes.
It’s probably indicative that I was destined for an academic career that I’m 6-5 and I lost the slam-dunk championship to somebody 5-8. I was a lot better at math.
A government decision that slashes spending at the wrong time and sends a weak economy into a tailspin can be just as undisciplined as one that unleashes a wasteful spending spree in an overheated environment.
Disciplined governments do not engage in the economic equivalent of binge eating followed by crash dieting.
Good economic policy requires not so much the bravado to implement drastic change as the strength and wisdom to make reasonable trade-offs over the many years it takes to transform a country’s standard of living.
I was born in Jamaica but was educated by, and now serve, prestigious First World institutions, so I believe that I have a unique, dual perspective. To sidestep any biases I might have, I use the objective lens of the stock market to discover which policies actually delivered prosperity to emerging markets.
I think that whether you’re on the right or on the left as an economist or as a policy maker, every serious analyst I know agrees that at some point you have to deal with entitlements.
You can actually make a lot of money and do a lot of good in the world. I don’t see those things as being in opposition to one another. I never have.
Business is one of the most powerful institutions on Earth for creating wealth and opportunity and helping to lift people out of poverty. When you think about it that way, then business is not separate from development policy.
Just as an individual’s ability to delay gratification at a young age is a powerful predictor of future academic and professional achievement, discipline is also central to the long-run economic health of nations.