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Economics Quotes

The first law of economics is that when the price goes up, consumption comes down. This is a divine law Picture Quote #1

I have long aspired to make our company a noble prototype of industry, penetrating in science, reliable in engineering, creative in aesthetics and wholesomely prosperous in economics Picture Quote #1

We are seeing the birth of a new perspective of the world, where ecology and economics are two sides of the same coin Picture Quote #1

Among the social sciences, economists are the snobs. Economics, with its numbers and graphs and curves, at least has the coloration and paraphernalia of a hard science. It’s not just putting on sandals and trekking out to take notes on some tribe Picture Quote #1

... the discipline of economics has yet to get over its childish passion for mathematics and for purely theoretical and often highly ideological speculation, at the expense of historical research and collaboration with the other social sciences Picture Quote #1

Existing economics is a theoretical system which floats in the air and which bears little relation to what happens in the real world Picture Quote #1

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Modern economics is sick. Economics has increasingly become an intellectual game played for its own sake and not for its practical consequences for understanding the economic world. Economists have converted the subject into a sort of social mathematics in which analytical rigour is everything and practical relevance is nothing Picture Quote #1

The department of home economics was organized to train a woman in efficiency and to develop her outlook to life. Such a department is a necessity as a means of developing a society. It stands for the evolution of women’s work and place Picture Quote #1

Our global economy is out of control and performing contrary to basic principles of market economics Picture Quote #1

The number of hypotheses and theories about climate change are numerous. Quite naturally they have caught the public attention, as any proof of past climactic change points to the possibility of future climate change, which inevitably will have significant implications for global economics Picture Quote #1

Climate change is not an environmental issue, but much more to do with security and economics Picture Quote #1

Economics, as it has emerged, can be made more productive by paying greater and more explicit attention to the ethical considerations that shape human behaviour and judgment Picture Quote #1

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At what price do we get our news? The role of economics in defining the nature of contemporary journalism has never been better explained. A valuable, important book for those of us who watch, read, or listen to the news Picture Quote #1

I went to university for a couple of years and I didn’t enjoy university. The studying and the accountancy, economics, I just hated that stuff. Now the irony is here I am lawyer, accountant, I do it all day every day and sit at a desk. So I’ve never ended up where I wanted to be in many ways. I always wanted to be a farmer Picture Quote #1

We should know that only replacing the economics of competition and greed with the economics of equitable cooperation will guarantee a globalization that takes advantage of potential efficiency gains in ways that also promote environmental protection, international equity, economic democracy, and variety Picture Quote #1

I think there are two areas where new ideas are terribly dangerous: economics and sex. By and large, it’s all been tried, and if it’s really new, it’s probably illegal or dangerous or unhealthy Picture Quote #1

Politics, as any observer of the modern world knows, is the enemy of economics, everywhere and always Picture Quote #1

There is absolutely no single aspect of one’s personality that is more important to develop than empathy, which is not a skill at which men typically are asked to excel. I believe empathy is not only the core of art, literature and music, but should also be at the core of society, from ethics to economics Picture Quote #1

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Health is more than absence of disease; it is about economics, education, environment, empowerment, and community. The health and well being of the people is critically dependent upon the health system that serves them. It must provide the best possible health with the least disparities and respond equally well to everyone Picture Quote #1

I became a vegetarian in 1958 and it was very difficult in those days to really maintain that because there weren’t many options... alternatives. But, now, it’s a growing trend because... the economics are there. See, there’s simply enough people demanding it that it’s profitable to supply vegetarians with those products Picture Quote #1

Economics is a highly sophisticated field of thought that is superb at explaining to policymakers precisely why the choices they made in the past were wrong. About the future, not so much Picture Quote #1

To be sure, mathematics can be extended to any branch of knowledge, including economics, provided the concepts are so clearly defined as to permit accurate symbolic representation. That is only another way of saying that in some branches of discourse it is desirable to know what you are talking about Picture Quote #1

It’s not about revenues: the fundamental economics in digital business is scale and margins. The top line has become the bottom line Picture Quote #1

The problem is, of course, that not only is economics bankrupt but it has always been nothing more than politics in disguise... economics is a form of brain damage Picture Quote #1

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Our popular economics writers, however, are not in the business of giving their readers a ringside seat on the research action; with no exception I can think of, they use their books to do an end run around the normal structure of scholarship, to preach ideas that few serious economists share. Often, these ideas are not just at odds with the professional consensus; they are demonstrably wrong, and sometimes terminally silly. But they sound good to the unwary reader Picture Quote #1

What I have been trying to remind people of for the past 40 years is that you can’t operate an entire conventional system, whether it’s economics, business or the way we live and surround ourselves, what we eat, without recognizing that there are severe negative externalities that are not being accounted for Picture Quote #1

Discovering various economists, economic works, reading financial periodicals and keeping up on current events in geopolitics and economics around the world opened my eyes to many facets of how the extended order works Picture Quote #1

... the globalization that characterizes today’s economics goes beyond or eludes the sovereignty of individual states, and thus the power of their rulers. It is not they, but rather financial groups in control of vast amounts of capital, who decide upon their vertiginous passage through nations, without taking into account the serious crises they might generate Picture Quote #1

If you don’t want to cry about the state of the economy, why not laugh instead? This book is an ideal introduction to the subject for anybody who thinks they ought to understand what’s happening around them but is put off by the usual dense text and economics jargon Picture Quote #1

Movements have narratives. They tell stories, because they are not just about rearranging economics and politics. They also rearrange meaning. And they’re not just about redistributing the goods. They’re about figuring out what is good Picture Quote #1

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The first law of economics is that when the price goes up, consumption comes down. This is a divine law (Economics Quotes) I have long aspired to make our company a noble prototype of industry, penetrating in science, reliable in engineering, creative in aesthetics and wholesomely prosperous in economics (Economics Quotes) We are seeing the birth of a new perspective of the world, where ecology and economics are two sides of the same coin (Economics Quotes) Among the social sciences, economists are the snobs. Economics, with its numbers and graphs and curves, at least has the coloration and paraphernalia of a hard science. It’s not just putting on sandals and trekking out to take notes on some tribe (Economics Quotes) ... the discipline of economics has yet to get over its childish passion for mathematics and for purely theoretical and often highly ideological speculation, at the expense of historical research and collaboration with the other social sciences (Economics Quotes) Existing economics is a theoretical system which floats in the air and which bears little relation to what happens in the real world (Economics Quotes) Modern economics is sick. Economics has increasingly become an intellectual game played for its own sake and not for its practical consequences for understanding the economic world. Economists have converted the subject into a sort of social mathematics in which analytical rigour is everything and practical relevance is nothing (Economics Quotes) The department of home economics was organized to train a woman in efficiency and to develop her outlook to life. Such a department is a necessity as a means of developing a society. It stands for the evolution of women’s work and place (Economics Quotes) Our global economy is out of control and performing contrary to basic principles of market economics (Economics Quotes) The number of hypotheses and theories about climate change are numerous. Quite naturally they have caught the public attention, as any proof of past climactic change points to the possibility of future climate change, which inevitably will have significant implications for global economics (Economics Quotes) Climate change is not an environmental issue, but much more to do with security and economics (Economics Quotes) Economics, as it has emerged, can be made more productive by paying greater and more explicit attention to the ethical considerations that shape human behaviour and judgment (Economics Quotes) At what price do we get our news? The role of economics in defining the nature of contemporary journalism has never been better explained. A valuable, important book for those of us who watch, read, or listen to the news (Economics Quotes) I went to university for a couple of years and I didn’t enjoy university. The studying and the accountancy, economics, I just hated that stuff. Now the irony is here I am lawyer, accountant, I do it all day every day and sit at a desk. So I’ve never ended up where I wanted to be in many ways. I always wanted to be a farmer (Economics Quotes) We should know that only replacing the economics of competition and greed with the economics of equitable cooperation will guarantee a globalization that takes advantage of potential efficiency gains in ways that also promote environmental protection, international equity, economic democracy, and variety (Economics Quotes) I think there are two areas where new ideas are terribly dangerous: economics and sex. By and large, it’s all been tried, and if it’s really new, it’s probably illegal or dangerous or unhealthy (Economics Quotes) Politics, as any observer of the modern world knows, is the enemy of economics, everywhere and always (Economics Quotes) There is absolutely no single aspect of one’s personality that is more important to develop than empathy, which is not a skill at which men typically are asked to excel. I believe empathy is not only the core of art, literature and music, but should also be at the core of society, from ethics to economics (Economics Quotes) Health is more than absence of disease; it is about economics, education, environment, empowerment, and community. The health and well being of the people is critically dependent upon the health system that serves them. It must provide the best possible health with the least disparities and respond equally well to everyone (Economics Quotes) I became a vegetarian in 1958 and it was very difficult in those days to really maintain that because there weren’t many options... alternatives. But, now, it’s a growing trend because... the economics are there. See, there’s simply enough people demanding it that it’s profitable to supply vegetarians with those products (Economics Quotes) Economics is a highly sophisticated field of thought that is superb at explaining to policymakers precisely why the choices they made in the past were wrong. About the future, not so much (Economics Quotes) To be sure, mathematics can be extended to any branch of knowledge, including economics, provided the concepts are so clearly defined as to permit accurate symbolic representation. That is only another way of saying that in some branches of discourse it is desirable to know what you are talking about (Economics Quotes) It’s not about revenues: the fundamental economics in digital business is scale and margins. The top line has become the bottom line (Economics Quotes) The problem is, of course, that not only is economics bankrupt but it has always been nothing more than politics in disguise... economics is a form of brain damage (Economics Quotes) Our popular economics writers, however, are not in the business of giving their readers a ringside seat on the research action; with no exception I can think of, they use their books to do an end run around the normal structure of scholarship, to preach ideas that few serious economists share. Often, these ideas are not just at odds with the professional consensus; they are demonstrably wrong, and sometimes terminally silly. But they sound good to the unwary reader (Economics Quotes) What I have been trying to remind people of for the past 40 years is that you can’t operate an entire conventional system, whether it’s economics, business or the way we live and surround ourselves, what we eat, without recognizing that there are severe negative externalities that are not being accounted for (Economics Quotes) Discovering various economists, economic works, reading financial periodicals and keeping up on current events in geopolitics and economics around the world opened my eyes to many facets of how the extended order works (Economics Quotes) ... the globalization that characterizes today’s economics goes beyond or eludes the sovereignty of individual states, and thus the power of their rulers. It is not they, but rather financial groups in control of vast amounts of capital, who decide upon their vertiginous passage through nations, without taking into account the serious crises they might generate (Economics Quotes) If you don’t want to cry about the state of the economy, why not laugh instead? This book is an ideal introduction to the subject for anybody who thinks they ought to understand what’s happening around them but is put off by the usual dense text and economics jargon (Economics Quotes) Movements have narratives. They tell stories, because they are not just about rearranging economics and politics. They also rearrange meaning. And they’re not just about redistributing the goods. They’re about figuring out what is good (Economics Quotes)

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