Phrase by 'Jeremy Grantham'
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The language 'It's too late' is very unsuitable for most environmental issues. It's too late for the dodo and for people who've starved to death already, but it's not too late to prevent an even bigger crisis. The sooner we act on the environment, the better.
Author: Jeremy Grantham - British BusinessmanPeople , Better , Death , Environmental
Modern agriculture has been accurately described as a way of turning oil into food. As the price of oil continues to rise, so will the price of food.
Author: Jeremy Grantham - British BusinessmanWill , Way , Food , Agriculture
If you're saying something that people don't want to hear or accept, a significant proportion of them will reply with hostility. Not because they know the facts, or because they have researched it themselves, but because they're so psychologically involved in believing good news that they will oppose it with a reflex.
Author: Jeremy Grantham - British BusinessmanYou , People , Know , Good
Bubbles have quite a few things in common, but housing bubbles have a spectacular thing in common, and that is every one of them is considered unique and different.
Author: Jeremy Grantham - British BusinessmanThings , Unique , Bubbles , Housing
I find the parallels between how some investors refuse to recognise the trends and our reaction to some of our environmental challenges very powerful. There is an unwillingness to process unpleasant data.
Author: Jeremy Grantham - British BusinessmanHow , Powerful , Challenges , Environmental
Libertarians believe that any government interference is bad. Anyone with a brain knows that climate change needs governmental leadership, and they can smell this is bad news for their philosophy. Their ideology is so strongly held that, remarkably, it's overcoming the facts.
Author: Jeremy Grantham - British BusinessmanBad , Change , Leadership , Climate Change
Capitalism does millions of things better than the alternatives. It balances supply and demand in an elegant way that central planning has never come close to.
Author: Jeremy Grantham - British BusinessmanNever , Better , Way , Capitalism
There is no single theory that is used in economics that considers the finite nature of resources. It's shocking.
Author: Jeremy Grantham - British BusinessmanSingle , Nature , Theory , Economics
History speaks pretty clearly that the markets do better with Democrats. Republicans' ideas of what constitutes fiscal responsibility simply are not good for the stock market. Democrats have many tendencies, but one of them is to look after the workers, and actually that tends to be good for demand and good for markets.
Author: Jeremy Grantham - British BusinessmanLook , Good , History , Responsibility
I think the Fed is not designed to have effective tools to deal with the economy. It should settle for just controlling the money supply. And - if it insists, it can worry about inflation.
Author: Jeremy Grantham - British BusinessmanThink , Money , Tools , Worry
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