Home > Topic > lucrative

lucrative  QUOTES

7 " I rest my head on his shoulder, feeling his heart beating against me. I wish I could gather time around us, slowing the minutes, making them last a lifetime.
“I was born on the island kingdom of Ghedda,” I whisper. This is a story I never told even to you, Habiba. I tell it now only because I cannot bear to leave him without the truth, knowing only half of me. I raise my head and meet his eyes. “That was more than four thousand years ago. I was the eldest daughter of a wise and generous king.”
Aladdin stares at me, his eyes soft and curious, encouraging me to go on.
“When I was seventeen, I became queen of Ghedda. In those days, the jinn were greater in number, and the Shaitan held greater sway over the realms of men. He demanded we offer him twenty maidens and twenty warriors in sacrifice, in return for fair seas and lucrative trade. I was young and proud and desired, above all else, to be a fair ruler. I would not bow to his wishes, so he shook our island until it began to fall into the sea.”
I shudder, and Aladdin draws me closer.
“I climbed to the alomb at the top of the Mountain of Tongues, and there offered myself to the Shaitan, if he would only save my city from the sea.” My voice falls to a whisper, little more than a ripple on the water. “So he took me and made me jinn and put me in the lamp. And then he caused the Mountain of Tongues to erupt, and Ghedda was lost to fire. For he had sworn only to save my people from the sea, not from flame. "

Jessica Khoury , The Forbidden Wish

12 " Think about ethanol again. The benefits of that $7 billion tax subsidy are bestowed on a small group of farmers, making it quite lucrative for each one of them. Meanwhile, the costs are spread over the remaining 98 percent of us, putting ethanol somewhere below good oral hygiene on our list of everyday concerns. The opposite would be true with my plan to have left-handed voters pay subsidies to right-handed voters. There are roughly nine right-handed Americans for every lefty, so if every right-handed voter were to get some government benefit worth $100, then every left-handed voter would have to pay $900 to finance it. The lefties would be hopping mad about their $900 tax bills, probably to the point that it became their preeminent political concern, while the righties would be only modestly excited about their $100 subsidy. An adept politician would probably improve her career prospects by voting with the lefties.

Here is a curious finding that makes more sense in light of what we‘ve just discussed. In countries where farmers make up a small fraction of the population, such as America and Europe, the government provides large subsidies for agriculture. But in countries where the farming population is relatively large, such as China and India, the subsidies go the other way. Farmers are forced to sell their crops at below-market prices so that urban dwellers can get basic food items cheaply. In the one case, farmers get political favors; in the other, they must pay for them. What makes these examples logically consistent is that in both cases the large group subsidizes the smaller group.

In politics, the tail can wag the dog. This can have profound effects on the economy. "

Charles Wheelan , Naked Economics: Undressing the Dismal Science