Our estimates suggest that a tax increase of 1 percent of GDP reduces output over the next three years by nearly 3 percent. The effect is highly significant.
I've been to Africa three times. All right? You can't bring Western reasoning into the culture. The same way you can't bring it into fundamental Islam.
Slow growth and inflation have a tendency to accompany large deficits and increasing debt as a percentage of GDP.
Historians don't really like to carry on speculative debates, but you could certainly argue that the likelihood of a Soviet invasion of Western Europe was extremely, extremely low.
Grossing Out dealt with the western nations selling arms to the Third World and exploiting these countries.
The materialistic paradigm of Western science has been a major obstacle for any objective evaluation of the data describing the events occurring at the time of death.
I think, my generation, it's hard to have hope when you got a $700-trillion derivatives debt to pay and a bubble about to explode and $500 trillion worth of GDP.
Six percent, 5 percent of our GDP for him [Vladimir Putin] to match us, he has to spend 25 percent of his GDP and it will bankrupt his country.
The aristocracy of Western Europe has absolutely tabooed silver in those countries and driven it away from there. Here it finds its only resting place.
My play is the ultimate expression of my feeling of the twilight of Western civilization.
In 1862, Abraham Lincoln signed the Homestead Act, a bill opening one half million square miles of territory in the western United States for settlement.
In a clean break from the Obama years, and frankly from the years before this president, we will keep federal spending at 20 percent of GDP, or less. That is enough. The choice is whether to put hard limits on economic growth, or hard limits on the size of government, and we choose to limit government.
In the last 5 years, American employers have lost over $150 billion of productivity to depression alone. That is more than the GDP of 28 different States during the same period.
Government is taking 40 percent of the GDP. And that's at the state, local and federal level. President Obama has taken government spending at the federal level from 20 percent to 25 percent. Look, at some point, you cease being a free economy, and you become a government economy. And we've got to stop that.
Global warming could be solved by shifting three to four per cent of global GDP to pay for it.
India needs to be liberated both from the 'high GDP growth hedgehogs' and the 'conservation at all costs hedgehogs.'
I then moved to the University of Western Ontario where I was made a full professor in 1985.
We are misery-making machines! Homo sapiens has perfected the art of causing suffering. Pain is humankind's collective GDP.
Britain is a textbook case of how growing inequality leads to economic crisis. The years before the crash were marked by a sharp rise in remortgaging and the growth of 0% balance transfer credit cards. By 2008 the UK had the highest ratio of household debt to GDP of any major economy.
If your credit is going to grow at 10-15 percent per year in order to get your 5 percent GDP growth per year, eventually you're going to have a problem. This isn't a stable system.
Western Buddhists in many ways are much serious Buddhists than Tibetans are.
In brief, Western democracy, as other political models, is not exportable to all regions of the world.
I wouldn't say when you've seen one Western you've seen the lot; but when you've seen the lot you get the feeling you've seen one.
While our energy efficiency is improving, there is a very high correlation, almost near perfect correlation, between GDP growth, and energy usage.
You have these crops of poppies that supply something like 90% of the heroin sold in Europe and actually represents more than half of the Afghanistan's GDP.