#stagnation

A leader who confines his role to his people's experience dooms himself to stagnation; a leader who outstrips his people's experience runs the risk of not being understood. ↗

— Henry A. Kissinger

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#confines #experience #himself #his #leader

They emphasize the viewpoint that the protracted economic stagnation in Japan derives from incomplete economic adjustments to significant changes in relative prices. ↗

— Toshihiko Fukui

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#derives #economic #economic stagnation #emphasize #incomplete