#iv

It is no wonder that bank capital is regulated. When borrowing and lending is profitable, it is tempting for banks to scale up their operations and to borrow and lend too much in relation to their capital, in effect reducing the effectiveness of the potential capital cushion. ↗

— Evan Davis

#banks #borrow #borrowing #capital #cushion

Once we are fed, heated, housed and healthy, our extra consumption inevitably has an element of luxury about it. And once luxury enters the scene, the practicalities are in trouble, as women who wear expensive stiletto heels can testify. ↗

— Evan Davis

#consumption #element #enters #expensive #extra

Our cultural diversity has most certainly shaped our national character. ↗

— Julie Bishop

#character #cultural #cultural diversity #diversity #most

The Gillard government must give up its addiction to wasteful spending borrowing and taxing. ↗

— Julie Bishop

#borrowing #give #government #must #spending

The message from the United States and Europe is that governments must live within their means. ↗

— Julie Bishop

#governments #live #means #message #must

The strongest initiative that government can take to ensure Australia is prepared for population ageing, is to maintain a strong economy, and a secure nation. ↗

— Julie Bishop

#australia #economy #ensure #government #initiative

We are already seeing older people wanting greater choice in how, when and where they receive care. ↗

— Julie Bishop

#care #choice #greater #how #older

Put simply, behavioural economics argues that human beings' decision-taking is guided by the evolutionary baggage which we bring with us to the present day. Evolution has made us rational to a point, but not perfectly so. It has given us emotions, for example, which programme us to override our rational brain and act more instinctively. ↗

— Evan Davis

#baggage #behavioural #beings #brain #bring

I'm very confident that the solutions that we are developing are going to be effective not only in application in Iraq, but also will be very helpful for potential homeland security situations as well. ↗

— Geoff Davis

#application #confident #developing #effective #going

We Brits print banknotes out in Debden in Essex, and have contracted it out to the private sector. Here in the U.S. it is a government operation right in the heart of Washington next door to the Holocaust Museum. ↗

— Evan Davis

#contracted #door #government #heart #here