After the destruction of New Orleans by Hurricane Katrina in 2005, the shutdown of much of New York City by Sandy in 2012, and now the devastation wrought on Texas by Harvey, the U.S. can and should do better.
Interpretation
The U.S. needs to improve its response to natural disasters.
Joseph Stiglitz emphasizes the pressing need for the United States to enhance its disaster preparedness and response mechanisms in light of the increasing frequency and severity of natural disasters, as exemplified by Hurricane Katrina, Hurricane Sandy, and Hurricane Harvey. These events serve as a reminder that the nation has a responsibility to learn from past failures and implement better strategies to protect its citizens and infrastructure in the face of climate change.
In practice
During a community meeting about disaster preparedness, this quote can be used to stress the importance of improved measures.
Free migration within Europe means that countries that have done a better job at reducing unemployment will predictably end up with more than their fair share of refugees. Workers in these countries bear the cost in depressed wages and higher unemployment, while employers benefit from cheaper labor.
I don't think we can have democracies that work where most of the people are not benefiting economically, where most of the people are worried about their job security.
Let me put it very forcefully: No large economy has ever recovered from an economic downturn through austerity. It's not going to happen in the United States, and it's not going to happen in Europe.
What separates developing countries from developed countries is as much a gap in knowledge as a gap in resources.
One of the arguments I make for the failure of the euro is that, at the time it was being constructed, there was a 'neo-liberal' ideology which said that all we need to do to make this thing work is to get deficits low, keep inflation low, and take down barriers, and then everything would be fine.
Trump sees the world in terms of a zero-sum game. In reality, globalisation, if well managed, is a positive-sum force: America gains if its friends and allies - whether Australia, the E.U., or Mexico - are stronger. But Trump's approach threatens to turn it into a negative-sum game: America will lose, too.
If you go through some big corporate change, it's just not going to be the same. If we sold to Yahoo, they would have done something different; if you want to continue your vision of the company, then don't sell because there's inevitably going to be some change.
No man should think himself a zero, and think he can do nothing about the state of the world.
You will not be able to stay home, brother./You will not be able to plug in, turn on and cop out./You will not be able to lose yourself on skag and skip,/Skip out for beer during commercials,/Because the revolution will not be televised.
For over half a century the automobile has brought death, injury, and the most inestimable sorrow and deprivation to millions of people.
It's a lot easier, she realized, to be on the verge of something than to actually be it. This would still take time.
Legal discrimination between the sexes is, in almost every instance, founded on outmoded views of society and the pre-scientific beliefs about psychology and physiology. It is time to sweep away these relics of the past and set further generations free of them.
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