#stem

So that the record of history is absolutely crystal clear. That there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system. ↗

— Milton Friedman

#absolutely #activities #alternative #candle #clear

The problem of social organization is how to set up an arrangement under which greed will do the least harm, capitalism is that kind of a system. ↗

— Milton Friedman

#capitalism #greed #harm #how #kind

Well-functioning financial systems are important in achieving sustained economic growth. They play a crucial role in channeling household savings into the corporate sector and allocating investment funds among firms. ↗

— Toshihiko Fukui

#allocating #among #channeling #corporate #crucial

Kids are falling through the cracks and nobody notices it. That to me is what's wrong with the school system. ↗

— Melinda Gates

#falling #kids #me #nobody #notices

Most fear stems from sin; to limit one's sins, one must assuredly limit one's fear, thereby bringing more peace to one's spirit. ↗

— Marvin Gaye

#bringing #fear #limit #more #most

I think the American university system still seems to be the best system in the world. ↗

— Clifford Geertz

#best #i #i think #seems #still

We judged that a sudden, disorderly failure of Bear would have brought with it unpredictable but severe consequences for the functioning of the broader financial system and the broader economy, with lower equity prices, further downward pressure on home values, and less access to credit for companies and households. ↗

— Timothy Geithner

#bear #broader #brought #companies #consequences

Looking past the immediate crisis, a more resilient system must be built on stronger and better designed shock absorbers, both in the major institutions and in the infrastructure of the financial system. ↗

— Timothy Geithner

#both #built #crisis #designed #financial

But what we're determined to do, and what the reforms will do is to make sure this system goes back to its core purpose of taking the savings of Americans and from investors around the world and allocating those to people with an idea, not just the largest companies in the country, but to small businesses with an idea and a plan for growing. ↗

— Timothy Geithner

#around #back #businesses #companies #core

In the financial system we have today, with less risk concentrated in banks, the probability of systemic financial crises may be lower than in traditional bank-centered financial systems. ↗

— Timothy Geithner

#concentrated #crises #financial #financial crises #financial system