At times of recession, running a budget deficit is highly desirable. Once the economy begins to recover, you have to balance the budget. But it will also need additional revenues. Should the government not receive them, we will all get punished with higher interest rates.
I used to be opposed to the idea of social entrepreneurship. I said let business be business, and philanthropy be philanthropy. Keep the two separate, don’t mix it up, and this is what I did, and I did that rather successfully, but I now recognize that actually you do need to mix it up and I think there is room for social entrepreneurship.
When I had made more money than I needed for myself and my family, I set up a foundation to promote the values and principles of a free and open society.
President Bush is endangering our safety, hurting our vital interests, and undermining American values.
I wish I could write a book that will be read for as long as our civilization lasts… I would value it much more highly than any business success if I could contribute to an understanding of the world in which we live or, better yet, if I could help to preserve the economic and political system that has allowed me to flourish as a participant.
In 2012, the far-right Golden Dawn won 21 seats in Greece’s parliamentary election, the right-wing Jobbik gained ground in my native Hungary, and the National Front’s Marine Le Pen received strong backing in France’s presidential election. Growing support for similar forces across Europe points to an inescapable conclusion: the continent’s prolonged financial crisis is creating a crisis of values that is now threatening the European Union itself.
I’m only rich because I know when I’m wrong …I basically have survived by recognizing my mistakes.
We in the United States are very often – since we are a democracy and we have national interests, we’ve often made the mistake that a democracy has to adopt America’s interests, and that is a contradiction because a democracy basically is people deciding what their interests are.
I think that my foundation uses the money better than the government does. In any event, I do pay taxes.