Advanced planning is another area which the private sector has excelled, but not government. However, today's changing market conditions, increasing demands, shrinking budgets and even globalization force us to look at the way we provide our judicial services in a different light. It is no longer enough that we do our job, we now have to do it with a greater sense of purpose and accountability every step of the way.
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Discussing needed changes to the Puerto Rico Judicial System, in an interview with Caribbean Business (May 17, 2007)Federico Hernandez Denton
» Federico Hernandez Denton - all quotes »
'I believe that "government", as we know it today, should pull out of most things except for law enforcement and justice, national defense and foreign policy, and let the private sector, a "Grameenized private sector", a social-consciousness-driven private sector, take over their other functions.'
Muhammad Yunus
On the changing face of Indian cinema "At one time I wondered if I was doing the right films, today I know I have made the right choices. Indian cinema is changing, not step by step but by leaps. New blood is coming in, mindsets are changing and our exposure to the world is ever-increasing. I am glad these positive changes are happening when I am in the industry and not ten years from now.
Preity Zinta
One of the most original and most important ideas advanced by Hayek is the role of the "division of knowledge" in economic society … [But if] I had to single out the area in which Hayek's contributions were the most fundamental and pathbreaking, I would cast my vote for the theory of capital. As I said before, when I reviewed Hayek's book on The Pure Theory of Capital, it is "my sincere conviction that this work contains some of the most penetrating thoughts on the subject that have ever been published." If two achievements may be named, I would add Hayek's contributions to the the theory of economic planning. Most of what has been written on systems analysis, computerized data processing, simulation of market processes, and other techniques of decision-making without the aid of competitive markets, appears shallow and superficial in the light of Hayek's analysis of the 'division of knowledge', its dispersion among masses of people. Information in the minds of millions of people is not available to any central body or any group of decision-makers who have to determine prices, employment, production, and investment but do not have the signals provided by a competitive market mechanism. Most plans for economic reform in the socialist countries seem to be coming closer to the realization that increasing decentralization of decision-making is needed to solve the problems of rational economic planning.
Friedrich Hayek
It is impossible to build Europe on only deregulation...1992 is much more than the creation of an internal market abolishing barriers to the free movement of goods services and investment...The internal market should be desgined to benefit each and every citizen of the Community. It is therefore necessary to improve workers' living and working conditions, and to provide better protection for their health and safety at work...Europe needs you.
Jacques Delors
Conservatives insist that government should be " run more like a business." One might wonder how that could be possible, since government does not market goods and services for the purpose of capital accumulation.
Michael Parenti
Denton, Federico Hernandez
Denzin, Norman
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