“Politically, I am for efficiency. Economically first.”

— Arsène Wenger

Joint Interview with The Times and Daily Mail (2009)
Context: Politically, I am for efficiency. Economically first. Until the 1980s the world was divided into two, people were either communist or capitalist. The communist model does not work economically, we all realised that, but the capitalist model in the modern world also looks to be unsustainable. You cannot ignore individual interests, but I believe the world evolves slowly. The last 30 years have brought a minimum amount of money for everybody in the west, the next step, politically, would be a maximum amount of money earned by everybody.

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "Politically, I am for efficiency. Economically first." by Arsène Wenger?

Arsène Wenger52

French footballer and manager 1949

Related quotes

“The political problem of mankind is to combine three things: economic efficiency, social justice and individual liberty.”

John Maynard Keynes (1883–1946) British economist

“The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.”

Thomas Sowell (1930) American economist, social theorist, political philosopher and author

Student Loans
1980s–1990s, Is Reality Optional? (1993)
Source: Is Reality Optional?: And Other Essays

“Europe is a commercial giant and an economic power of the first rank, but it is a political dwarf. Political cooperation in the Community will grow. The question is whether the supply services will follow.”

Jacques Delors (1925) French economist and politician

Speech to the press (3 December 1980), quoted in The Times (4 December 1980), p. 5
Member of the European Parliament

“It is becoming perfectly clear that the principles underlying industrial and military efficiency are the same and that a nation, to be efficient in a military sense, must first be efficient industrially”

Henry Gantt (1861–1919) American engineer

Source: Industrial leadership, 1916, p. 936) cited in: P.B. Petersen (1986) "Correspondence from Henry L. Gantt to an old friend reveals new information about Gantt". In: Journal of Management Fall 1986 vol. 12 no. 3 pp. 339-350.

“The adverse economic events following the First World War turned me toward economics… I learned during my youth how hard it was for farm families to stay solvent. Farm product prices fell abruptly by more than half. Banks went bankrupt and many farmers suffered foreclosures. Was politics or economics to blame? I opted for economics.”

Theodore Schultz (1902–1998) American economist

" Nobelprize.org: Autobiography http://www.nobelprize.org/nobel_prizes/economics/laureates/1979/schultz-autobio.html," in: Nobel Lectures, Economics 1969-1980, Editor Assar Lindbeck, World Scientific Publishing Co., Singapore, 1992

“Real economic efficiency implies including all resources that affect sustainable human well-being in the allocation system, not just marketed goods and services. Our current market allocation system excludes most non-marketed natural and social capital assets and services that are critical contributors to human well-being. The current economic model ignores this and therefore does not achieve real economic efficiency. A new, sustainable ecological economic model would measure and include the contributions of natural and social capital and could better approximate real economic efficiency.”

Robert Costanza (1950) American economist

Source: Toward a New Sustainable Economy, 2008, p. 46

“First, the welfare state is not a subject apart, but fits naturally into the framework of economic analysis. Secondly, the theoretical arguments support the existence of the welfare state not only for well known equity reasons but also - and powerfully - in efficiency terms.”

Nicholas Barr (1943) British economist

Source: Economics Of The Welfare State (Fourth Edition), Chapter 1, Introduction, p. 3

“I am half-surprised to find that as I go on I get more and more confirmed in the old advanced Liberal principles, economic, social, & political, with which I entered Parliament 30 years ago.”

Henry Campbell-Bannerman (1836–1908) Former Prime Minister of the United Kingdom

Letter to John Spencer (19 February 1900), quoted in John Wilson, C.B.: A Life of Sir Henry Campbell-Bannerman (London: Constable, 1973), p. 326
Leader of the Opposition

“[Keynesian]I am now a Keynesian in economics.”

Richard Nixon (1913–1994) 37th President of the United States of America

Just after a broadcast interview with four newsmen (6 January 1971), according to Howard K. Smith, one of the interviewers. "Nixon Has Shifted to Ideas of Keyness: ABC Commentator" http://news.google.com/newspapers?id=awpdAAAAIBAJ&pg=916,487551 <br class="br">1970s

“I have been accused of being ignorant of economics (although I am the founder and Chairman of the Board of a company which publishes seven professional economic newsletters), of being ignorant of sociology (although I am trained in sociology and was C. Wright Mills' research assistant at Columbia), of being unable to use statistics (although I earned my living as a professional statistician for five years) and of ignoring political factors”

Lloyd deMause (1931) American thinker

although all my graduate training was in political science
Source: Foundations of Psychohistory (1982), Ch. 2, ibid.

“Politically, I am for efficiency. Economically first.”

Help us to complete the source, original and additional information

Arsène Wenger52

Related quotes

Related topics