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— Nelson Mandela"Hating clouds the mind. It gets in the way of strategy. Leaders cannot afford to hate"
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I went back to graduate school with the clear intention that what I wanted to do with my life was to improve societies, and the way to do that was to find out what made economies work the way they did or fail to work.
— Douglass North
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It was good to launch the economy in the '50s. Japan did this; China did this; even South Korea did this. All the East Asians did this - import substitution. I think all countries followed import substitution in the '50s and in the '60s, but I think by the '70s, countries were getting out of that first phase of the strategy.
— Jairam Ramesh
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