long_run

There are signs that the age of petroleum has passed its zenith. Adjusted for inflation, a barrel of crude oil now sells for three times its long-run average. The large western oil companies, which cartellised the industry for much of the 20th century, are now selling more oil than they find, and are thus in the throes of liquidation.

A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output.

Soap and education are not as sudden as a massacre, but they are more deadly in the long run.

Security is mostly a superstition. It does not exist in nature, nor do the children of men as a whole experience it. Avoiding danger is no safer in the long run than outright exposure. Life is either a daring adventure, or nothing.

Past experience with fiscal austerity at home and overseas strongly suggests that it is best for the economy's long-run performance to restrain government spending rather than raise taxes.

We may find in the long run that tinned food is a deadlier weapon than the machine-gun.

In the long-run every Government is the exact symbol of its People, with their wisdom and unwisdom we have to say, Like People like Government.

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While democracy in the long run is the most stable form of government, in the short run, it is among the most fragile.

Research clearly shows us that the earlier women think about maintaining their bone mass and take the steps to do so, the better their health will be in the long run.

The upward course of a nation's history is due in the long run to the soundness of heart of its average men and women.

The cost of a thing is the amount of what I will call life which is required to be exchanged for it, immediately or in the long run.

The first requirement of politics is not intellect or stamina but patience. Politics is a very long run game and the tortoise will usually beat the hare.

I like to believe that people in the long run are going to do more to promote peace than our governments. Indeed, I think that people want peace so much that one of these days governments had better get out of the way and let them have it.

I do not believe that politics in the long run is about individuals. It is about ideas.

Superior strength is found in the long run to lie with those who had right on their side.