Can Iban

“At the heart of every major political upheaval lies a fiscal revolution.”
― Thomas Piketty, Capital in the Twenty-First Century

“Sustainability, or fairness to the future, therefore involves the concept of stewardship, the idea that the living generation must be stewards of the earth’s resources for the generations that will come later. That’s a tough role to play. There is nothing natural or innate about it. We need to defend the interests of those whom we’ve never met and never will. Yet those are our descendants and our fellow humanity. Alas, it’s a role that we’ve mostly ignored till now, to the increasing peril of all who will follow. The”
― Jeffrey D. Sachs, The Price Of Civilization: Reawakening American Virtue And Prosperity

“A businessman who expects his output to be stolen, expropriated, or entirely taxed away will have little incentive to work, let alone any incentive to undertake investments and innovations.”
― Daron Acemoğlu, Why Nations Fail: The Origins of Power, Prosperity, and Poverty

“Economic growth and technological change are accompanied by what the great economist Joseph Schumpeter called creative destruction. They replace the old with the new. New sectors attract resources away from old ones. New firms take business away from established ones. New technologies make existing skills and machines obsolete.”
― Daron Acemoğlu, Why Nations Fail: The Origins of Power, Prosperity, and Poverty