That means following a very restrictive fiscal and monetary policy which will squeeze the monopolies and cut their subsidies. On the micro level we will allow other economic agents, both domestic and foreign, to compete with them.

Quote by Vaclav Klaus

Topics: Vaclav Klaus Quotes

It is what makes the reform process an art, not just a science. You have...

It is what makes the reform process an art, not just a science. You have...

Privatization of the state-owned economy is not yet on the agenda. We cannot do it...

Privatization of the state-owned economy is not yet on the agenda. We cannot do it...

The events in the square, of course, made a deep impression on me and many...

The events in the square, of course, made a deep impression on me and many...

I also helped write the five-page statement of principles that Civic Forum issued in late...

I also helped write the five-page statement of principles that Civic Forum issued in late...

We served on the editorial board of a literary monthly called Face in 1968 and...

We served on the editorial board of a literary monthly called Face in 1968 and...

To pursue a so-called Third Way is foolish. We had our experience with this in...

To pursue a so-called Third Way is foolish. We had our experience with this in...

We will also allow state companies to sell shares to their workers and will pass...

We will also allow state companies to sell shares to their workers and will pass...

People like me who were engaging in brinkmanship with the party economic bosses and the...

People like me who were engaging in brinkmanship with the party economic bosses and the...

Nevertheless, there is another threat on the horizon. I see this threat in environmentalism which...

Nevertheless, there is another threat on the horizon. I see this threat in environmentalism which...

Then in 1969, I spent the spring term at Cornell University in New York. The...

Then in 1969, I spent the spring term at Cornell University in New York. The...

What we want is to establish the rules of a market economy - not to...

What we want is to establish the rules of a market economy - not to...

By the time I returned to Czechoslovakia, I had an understanding of the principles of...

By the time I returned to Czechoslovakia, I had an understanding of the principles of...

I was paid to read Western economic texts. In a way, the regime paid for...

I was paid to read Western economic texts. In a way, the regime paid for...

We must have the time to create strict rules so that property is not sold...

We must have the time to create strict rules so that property is not sold...

I never intended to be a politician or office-seeker.

I never intended to be a politician or office-seeker.

To talk about planning an economic system is to talk in old terms, and I...

To talk about planning an economic system is to talk in old terms, and I...