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Economics Quotes

There’s a snobbery at work in architecture. The subject is too often treated as a fine art, delicately wrapped in mumbo-jumbo. In reality, it’s an all-embracing discipline taking in science, art, maths, engineering, climate, nature, politics, economics Picture Quote #1

Art has often been and continues to be considered transcendent. I see this as misguided and, in fact, a way of subverting the powerful voice art can be in global discussions about politics, economics, society, culture, religion and international relations Picture Quote #1

That is why I believe that art is so much more significant than either economics or philosophy. It is the direct measure of man’s spiritual vision Picture Quote #1

Behind the criticism of fashion as an artistic medium is a highly ideological prejudice: against markets, against consumers, against the dynamism of Western commercial society. The debate is not about art but about culture and economics Picture Quote #1

I love the gallery, the arena of representation. It’s a commercial world, and morality is based generally around economics, and that’s taking place in the art gallery Picture Quote #1

Then in college, besides economics, I also majored in studio art and got involved in photography and making short films and acting. But I didn’t know you could make a living that way Picture Quote #1

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When I was in college at Amherst, my father asked me a favor: to take one course in economics. I loved it - for the challenge of its mysteries Picture Quote #1

I studied politics and economics at Bristol, and people always assumed that I’d go into politics or a non-government organisation when I left. I might well do this later on. I’d love to represent a West Country seat in the House of Commons Picture Quote #1

I got into economics because I wanted to make things better for the average person Picture Quote #1

With the variety of fields within economics, broadly conceived and the increasing specialization of scholarly world, the award of a Nobel Memorial Prize honors not only the individual scholar but, implicitly, also a special field or a distinctive method Picture Quote #1

Our society must move from ego-system to eco-system economics. This requires that we shift from ego-system silos to eco-system awareness that considers others and includes the whole Picture Quote #1

Looking back, I should have pursued philosophy and economics and things of that sort in college more, but I didn’t Picture Quote #1

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When a management team with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact Picture Quote #1

When a management with reputation for brilliance gets hooked up with a business with a reputation for bad economics, it’s the reputation of the business that remains intact Picture Quote #1

$Letting the greens dictate your energy choices, whether it’s halting the XL Pipeline or fracking in New York, isn’t just bad economics. It can also leave your rivals and enemies controlling your energy destiny Picture Quote #1$

Recommending gastric bypass as a national solution for our diabetes epidemic is bad medicine and bad economics Picture Quote #1

At a purely practical level, history is important because it provides the basic skills needed for students to go further in sociology, politics, international relations and economics. History is also an ideal discipline for almost all careers in the law, the civil service and the private sector Picture Quote #1

Economics should be defined in terms of what it is about. It should be about how people produce things, how people exchange them, how people earn income, how they pay taxes, how the government provides infrastructure with tax revenue, and how it conducts monetary policy. The subject has to be defined in terms of the object of inquiry Picture Quote #1

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Too many people think that economics is this subject that should wait until the university level. But it can’t wait that long Picture Quote #1

What we are beginning to witness is a whole new set of rules for economics, based on rationing resources Picture Quote #1

The lesson from behavioral economics is that people only save if it’s automatic Picture Quote #1

One of the big lessons from behavioral economics is that we make decisions as a function of the environment that we’re in Picture Quote #1

One of the peculiarities of economics is that it still rests on a behavioral assumption-rational utility maximization-that has long since been rejected by sociologists and psychologists Picture Quote #1

Personally, I don’t see old economics and behavioural economics as opposed. It is useful to assume people are rational as a good approximation to their long term behaviour, but it would be unwise not to think how in practice their behaviour may deviate from that simplifying assumption Picture Quote #1

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Interestingly, human irrationality is a hot topic in economics at the moment. Behavioural economics it’s called, on the cusp of economics and psychology Picture Quote #1

In many cases, water stress is more about politics, economics, behaviour and governance than absolute water scarcity. Better planning is needed, to allocate water where societal need is greatest, and to allow trade-offs between alternative uses Picture Quote #1

Pirates are the very essence of profit maximising entrepreneurs described in neoclassical economics. Yet, whilst films such as ‘The Pirates of the Caribbean’ and ‘Butch Cassidy and the Sundance Kid’ have gone a long way to popularise both pirates and outlaw behaviour, the truth of the matter is that piracy is illegal, and it kills Picture Quote #1

The young people I teach now know they are being sold down the river before we even start studying the trends and numbers. That’s the toughest part of being a high school economics teacher... being a witness when our children realize that the greatest deficit of all is a deficit of leadership Picture Quote #1

Economics that hurt the moral well-being of an individual or a nation are immoral and, therefore, sinful Picture Quote #1

For 30 years I’ve been schooled in everything from government, and economics, to medicine and international relations. But don’t be impressed. Someone once said being a general assignment reporter simply means you are equally ignorant about most everything. In other words, I know a little about a lot Picture Quote #1

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There’s a snobbery at work in architecture. The subject is too often treated as a fine art, delicately wrapped in mumbo-jumbo. In reality, it’s an all-embracing discipline taking in science, art, maths, engineering, climate, nature, politics, economics. (Economics Quotes) Art has often been and continues to be considered transcendent. I see this as misguided and, in fact, a way of subverting the powerful voice art can be in global discussions about politics, economics, society, culture, religion and international relations. (Economics Quotes) That is why I believe that art is so much more significant than either economics or philosophy. It is the direct measure of man’s spiritual vision. (Economics Quotes) Behind the criticism of fashion as an artistic medium is a highly ideological prejudice: against markets, against consumers, against the dynamism of Western commercial society. The debate is not about art but about culture and economics. (Economics Quotes) I love the gallery, the arena of representation. It’s a commercial world, and morality is based generally around economics, and that’s taking place in the art gallery. (Economics Quotes) Then in college, besides economics, I also majored in studio art and got involved in photography and making short films and acting. But I didn’t know you could make a living that way. (Economics Quotes) When I was in college at Amherst, my father asked me a favor: to take one course in economics. I loved it - for the challenge of its mysteries. (Economics Quotes) I studied politics and economics at Bristol, and people always assumed that I’d go into politics or a non-government organisation when I left. I might well do this later on. I’d love to represent a West Country seat in the House of Commons. (Economics Quotes) I got into economics because I wanted to make things better for the average person (Economics Quotes) With the variety of fields within economics, broadly conceived and the increasing specialization of scholarly world, the award of a Nobel Memorial Prize honors not only the individual scholar but, implicitly, also a special field or a distinctive method. (Economics Quotes) Our society must move from ego-system to eco-system economics. This requires that we shift from ego-system silos to eco-system awareness that considers others and includes the whole. (Economics Quotes) Looking back, I should have pursued philosophy and economics and things of that sort in college more, but I didn’t. (Economics Quotes) When a management team with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact (Economics Quotes) When a management with reputation for brilliance gets hooked up with a business with a reputation for bad economics, it’s the reputation of the business that remains intact. (Economics Quotes) Letting the greens dictate your energy choices, whether it’s halting the XL Pipeline or fracking in New York, isn’t just bad economics. It can also leave your rivals and enemies controlling your energy destiny. (Economics Quotes) Recommending gastric bypass as a national solution for our diabetes epidemic is bad medicine and bad economics. (Economics Quotes) At a purely practical level, history is important because it provides the basic skills needed for students to go further in sociology, politics, international relations and economics. History is also an ideal discipline for almost all careers in the law, the civil service and the private sector. (Economics Quotes) Economics should be defined in terms of what it is about. It should be about how people produce things, how people exchange them, how people earn income, how they pay taxes, how the government provides infrastructure with tax revenue, and how it conducts monetary policy. The subject has to be defined in terms of the object of inquiry. (Economics Quotes) Too many people think that economics is this subject that should wait until the university level. But it can’t wait that long. (Economics Quotes) What we are beginning to witness is a whole new set of rules for economics, based on rationing resources. (Economics Quotes) The lesson from behavioral economics is that people only save if it’s automatic (Economics Quotes) One of the big lessons from behavioral economics is that we make decisions as a function of the environment that we’re in. (Economics Quotes) One of the peculiarities of economics is that it still rests on a behavioral assumption-rational utility maximization-that has long since been rejected by sociologists and psychologists. (Economics Quotes) Personally, I don’t see old economics and behavioural economics as opposed. It is useful to assume people are rational as a good approximation to their long term behaviour, but it would be unwise not to think how in practice their behaviour may deviate from that simplifying assumption. (Economics Quotes) Interestingly, human irrationality is a hot topic in economics at the moment. Behavioural economics it’s called, on the cusp of economics and psychology. (Economics Quotes) In many cases, water stress is more about politics, economics, behaviour and governance than absolute water scarcity. Better planning is needed, to allocate water where societal need is greatest, and to allow trade-offs between alternative uses. (Economics Quotes) Pirates are the very essence of profit maximising entrepreneurs described in neoclassical economics. Yet, whilst films such as ‘The Pirates of the Caribbean’ and ‘Butch Cassidy and the Sundance Kid’ have gone a long way to popularise both pirates and outlaw behaviour, the truth of the matter is that piracy is illegal, and it kills. (Economics Quotes) The young people I teach now know they are being sold down the river before we even start studying the trends and numbers. That’s the toughest part of being a high school economics teacher... being a witness when our children realize that the greatest deficit of all is a deficit of leadership. (Economics Quotes) Economics that hurt the moral well-being of an individual or a nation are immoral and, therefore, sinful. (Economics Quotes) For 30 years I’ve been schooled in everything from government, and economics, to medicine and international relations. But don’t be impressed. Someone once said being a general assignment reporter simply means you are equally ignorant about most everything. In other words, I know a little about a lot. (Economics Quotes)

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