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In the end, all new schools, public or private, snobby or not, add value to the education market, making it bigger and more efficient, in the same way that Zuckerberg added wealth to the economy even for non-Facebook fans.

Amity Shlaes

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Amity Shlaes
Age: 64
Born: 1960
Born: September 10
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School
Wealth
Added
Even
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Economy
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More quotes by Amity Shlaes

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The 1920s are the decade that signaled the arrival of a gift that still means a lot to us: Saturday.
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Laws must be justified by something more than the will of the majority. They must rest on the eternal foundation of righteousness.
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Today many politicians suggest that where the federal government does not act, there must be anarchy. That view is odd, blinkering out the work of state and towns, which until recently did much of our charitable and cultural work. That view also blinkers out the role of mutual societies and churches.
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Anything can be done if you find friends to do it with.
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Coolidge thought budgets were virtuous. He had his econ straight. He didn't just cut taxes, he also cut the budget.
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In a way, Calvin Coolidge is better than Reagan. His tax rates were lower, and he cut budgets.
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Disillusionment can come as fast as a gust, but building faith that the government won't inflate again is like building a new sailboat, a project of years.
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Coolidge really hated government being in the power business. He thought it was wrong. He saw the potential for growth in the power business. He didn't want the federal government in it.
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I'm not sure Roosevelt was quite a monster, he just did a poor job on the economics.
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Although unions may be good for a worker, singular, they are not always good for workers, plural. Especially when it comes to finding a job.
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Coolidge showed that the best government was the one that got out of the way. When he refrained, the economy grew, the Ku Klux Klan faded, and Americans got Model A's and automobiles.
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The donning of the ear buds marks the beginning of teen life, when children set off on their own for the passage through adolescence.
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Our conscience, our faith, our local community, even our online hobby clubs - all civilize us.
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Economics are part of our life. We try to treat them separately, like over there is the economy and here is history. Econ affects history and history often doesn't get it right if it doesn't respect econ.
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Coolidge and his treasury secretary Mellon loved new technology. Like JFK, C.C. divined that a new technology could lift the nation out of its doldrums the only difference was that JFK's new technology was space travel, and Coolidge's travel by airplane.
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We're in a kind of vicious cycle where the media tell the politicians, and the politicians tell the people, that perception is reality, and the perception of saving dooms a politician. I don't believe perception is reality, or that all Americans think that.
Amity Shlaes
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Europe unified its monetary policy through the euro before it unified politically, therefore sustaining member countries' abilities to pursue the kind of independent fiscal policies that can strain a joint currency.
Amity Shlaes
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The difference between recession and depression is simple. Recession, goes the saying, is when you lose your job depression is when I lose mine.
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Anyone who experienced World War I close-hand was grossed out by it forever. It just was so awful.
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Coolidge cut the budget, and even better, cut it during peace and prosperity. He left a federal budget lower than the one that greeted him when he arrived in office. He managed to freeze or cut the budget over more than five years in office. If you look at charts of presidents - Nixon, Ike, and Reagan - you see them failing on this score.
Amity Shlaes