Angus Deaton Quotes

America's experience, like many others, teaches us that fostering entrepreneurship is not just about crafting the right economic policy or developing the best educated curricula. It's about creating an entire climate in which innovation and ideas flourish.

As policymakers, we need to foster an environment that allows U.S.-based innovators and entrepreneurs to compete and to flourish. Excessive regulations and bureaucratic red tape dramatically increase the cost of doing business and create uncertainty for companies.

Make taxes as low as possible so entrepreneurs have incentive to work hard and be creative. The human mind is the secret to economic growth.

Entrepreneurship is the engine fuelling innovation, employment generation and economic growth. Only by creating an environment where entrepreneur- ship can prosper and where entrepreneurs can try new ideas and empower others can we ensure that many of the world’s issues will not go unaddressed.

The only proper functions of a government are: the police, to protect you from criminals; the army, to protect you from foreign invaders; and the courts, to protect your property and contracts from breach or fraud by others, and to settle disputes by rational rules, according to objective law.

Jobs are a priority for every country. Doing more to improve regulation and help entrepreneurs is the key to creating jobs - and more growth.

300 million Americans every day decide to settle their disputes in courts of law rather than settle them in the streets with sticks and stones.

Here in America we work out our differences, not with civil wars, but with spirited elections. We resolve our disputes, not through acts of violence but through the rule of law. And we preserve and protect our system of justice best when we accept its judgments that we disagree with the most.

The entrepreneurial spirit is the hallmark of the American economic system

New industries are as a rule more profitable than old ones.

The best industrial policy is competition.

New industries are created by entrepreneurs who don't necessarily have subject matter expertise when they get started, yet they are still responsible for most of the innovation we see in society.

Migrants make huge contributions to both their host countries and countries of origin. They take jobs that local workforces cannot fill, boosting economic activity. Many are innovators and entrepreneurs.

Entrepreneurs bring to business... creativity.

We believe strongly that all meaningful change comes from entrepreneurs.

Innovation happens best when people of different backgrounds come together to solve the world's toughest challenges and, in the process, can create new jobs and opportunities. I'm hopeful that updated immigration policies will encourage entrepreneurs from around the world to help tackle these opportunities in the U.S.

The Federal Government plays a critical role in innovation in our country and has throughout our history.

America has a unique combination of talent, a vibrant business environment, and access to global markets, which has enabled U.S. companies like Intel to foster economic growth and innovation.

ChicagoNEXT is focused on making Chicago the best possible place for technology entrepreneurs.

The greatest job creation is driven by entrepreneurs and young businesses, so they merit special attention.

That's what America's all about. Entrepreneurs who can start a business in their basement and have it grow into a global company - that's exactly what we want.

I am really happy to see the number of entrepreneurs in India - not only because of the ideas they have but also because of the passion at which their ideas are put across.

The Startup Act should give all Americans, not just immigrants, a better shot at being tomorrow's engineers and entrepreneurs. And that opportunity could begin at a young age with education in computer programming.

India is a fertile ground for entrepreneurs, given its large pool of world-class talent and resources. India's ability to generate wealth and create social good will come if we let entrepreneurs flourish by encouraging and enabling innovation.

Young people are the entrepreneurs of the future, and we should be looking to them as one of our sources of innovation for the high streets of tomorrow.