People who stay unemployed for a long time start to look like damaged goods, and they don't get such good offers. Also, they're not learning anything. Most learning is on-the-job learning.

Next quotes

• Robert J. Shiller:

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• Robert J. Shiller:

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• Robert J. Shiller:

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• Robert J. Shiller:

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• Lawrence Summers:

  The dramatic modernization of the Asian economies ranks alongside the Renaissance and the Industria

• Lawrence Summers:

  Now is the time for us to strike. We must strengthen our foothold in Asia, to ensure no nation over

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• Lawrence Summers:

  It was wrong to allow Stalin to shape the European landscape of the 20th century. It would be even

• Lawrence Summers:

  In politics, as in poetry, it is sometimes true that it is darkest before dawn.