We should not feel
We should not feel pride in our charity, austerity, valour, scriptural knowledge, modestyandmorality for the world is full of the rarest gems. Chanakya
Austerity
What vice could be
What vice could be worse than covetousness? What is more sinful than slander? For one who is truthful, what need is there for austerity? For one who has a clean heart, what is the need for pilgrimage?. Chanakya
There is no austerity
There is no austerity equal to a balanced mind, and there is no happiness equal to contentment; there is no disease like covetousness, and no virtue like mercy. Chanakya
The First Man is
The First Man is [Albert Camus] posthumous last work. But in fact, in a certain way, it is his first, because in it you find the signs of his commitments, and of the whole way of writing as well. This mixture of austerity and sensuality, the will to speak for those not able to speak … Read more
When malice has reason
When malice has reason on its side, it looks forth bravely, and displays that reason in all its luster. When austerity and self-denial have not realized true happiness, and the soul returns to the dictates of nature, the reaction is fearfully extravagant. Blaise Pascal
Bond investors want growth
Bond investors want growth much like equity investors, and to the extent that too much austerity leads to recession or stagnation then credit spreads widen out – even if a country can print its own currency and write its own cheques. Bill Gross
We are witnessing the
We are witnessing the death of abundance and the borning of austerity, for what may be a long, long time. Bill Gross
If we can’t puncture
If we can’t puncture some of the mythology around austerity, politics or tax cuts or the mythology that’s been built up around the Reagan revolution, where somehow people genuinely think that he slashed government and slashed the deficit and that the recovery was because of all these massive tax cuts, as opposed to a shift … Read more
Even in a time
Even in a time of fiscal austerity, education is more than just an expense. Arne Duncan
The politics of austerity,
The politics of austerity, of higher taxes, decided by governments, have lengthened the economic crisis. Arnaud Montebourg