Self-deception ultimately explains Japan's plight. The Japanese have never accepted that change is in their interest - and not merely a response to U.S. criticism.
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Quotes to Explore
I'm not speaking in favor of killing innovation. I'm speaking in favor of centrist use of the market, which involves necessarily a considerable degree of regulation. Markets by themselves will get themselves inevitably into inequality and into their own destruction. It will happen again and again.Paul Samuelson
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Online I see people committing 'social media suicide' all the time by one of two ways. Firstly by responding to all criticism, meaning you're never going to find time to complete important milestones of your own, and by responding to things that don't warrant a response. This lends more credibility by driving traffic.Tim Ferriss
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As authors, we all expect criticism from time to time, and we all have our ways of coping with unfriendly reviews.Joanne Harris
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No one should be so precious as to refuse criticism of their work. But to respect an opinion, we have to know that it was given honestly and with proper thought.Joanne Harris
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Criticism is a misconception: we must read not to understand others but to understand ourselves.Emil Cioran
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I can tell you, because I serve on so many nonprofit boards - where half of us are academics and half of us are from Wall Street - that there's no CEO who understands at all a derivative. All they know is that somebody tells them in their organization, 'We've got a wonderful profit center.'Paul Samuelson
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Keynes's contribution was not just to advocate spending government money in the middle of a recession. Every government had done that going back to the days of the Irish potato famine. What he gave to us was a way of thinking about the magnitude and the dimensions and so forth.Paul Samuelson
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