Nuclear energy, in terms of an overall safety record, is better than other energy.
Bill GatesRead
There is no doubt that as an economy grows in a great way like India has, that you have to step back and change your tax systems, because you start to get more disparities of wealth.
Interpretation
As economies grow, adjustments in tax systems are necessary to address wealth disparities.
In this quote, Bill Gates highlights the need for countries experiencing significant economic growth, such as India, to reassess and modify their taxation policies. As wealth becomes unevenly distributed, addressing these disparities through an effective tax system becomes crucial to ensure fairness and social stability.
In practice
In a discussion about fiscal policy changes in developing nations, this quote can be used to emphasize the importance of adapting tax systems.
Nuclear energy, in terms of an overall safety record, is better than other energy.
The Internet is becoming the town square for the global village of tomorrow.
With the states release today of a set of clear and consistent academic standards, our nation is one step closer to supporting effective teaching in every classroom, charting a path to college and careers for all students, and developing the tools to help all children stay motivated and engaged in their own education. The more states that adopt these college and career based standards, the closer we will be to sharing innovation across state borders and becoming more competitive as a country.
About three million computers get sold every year in China, people don't pay for the software. Someday they will, though. And as long as they're going to steal it, we want them to steal ours. They'll get sort of addicted, and then we'll somehow figure out how to collect sometime in the next decade.
Internet TV and the move to the digital approach is quite revolutionary. TV has historically has been a broadcast medium with everybody picking from a very finite number of channels.
These four policy prescriptions - strengthening educational opportunities, revamping immigration rules for highly skilled workers, increasing federal funding for basic scientific research, and providing incentives for private-sector R&D - should in my view be top priorities as Congress and the Administration consider how to maintain the nation's leadership in science, technology, and innovation.
Economic systems are not value-free columns of numbers based on rules of reason, but ways of expressing what varying societies believe is important.
The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future.
We ask our companies to restructure; we ask employees to work more for less money because there is overproduction, but then we're unable to defend them from cheaper Chinese imports. We are insane.
It is a [disputed] question, whether the circulation of paper, rather than of specie [gold and silver coin], is a good or an evil I believe it to be one of those cases where mercantile clamor will bear down reason, until it is corrected by ruin.
When you bring in multi-brand retail items into the country, you're not just bringing the products, but you're also harming local manufacturers.
Adam Smith's 'invisible hand' is not above sudden, disturbing, movements. Since its inception, capitalism has known slumps and recessions, bubble and froth; no one has yet dis-invented the business cycle, and probably no one will; and what Schumpeter famously called the 'gales of creative destruction' still roar mightily from time to time. To lament these things is ultimately to lament the bracing blast of freedom itself.
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