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Jim Stanford Quotes

Never trust an economist with your job. Learn about economics yourself. And make up your own mind about what might protect your job - and what might destroy it Picture Quote #1

Growth can also involve producing services instead of goods. In particular, a major expansion of public and caring services (like child care, education, elder care, and other life-affirming programs) would generate huge increases in GDP and incomes, with virtually no impact on the environment Picture Quote #1

Try this: say the words global, global, global aloud several times, as fast as you can. You’ll find yourself sounding like a turkey (gobble, gobble, gobble) Picture Quote #1

Capitalism, in contrast, has existed for fewer than 300 years. If the entire history of Homo sapiens was a 24-hour day, then capitalism has existed for two minutes Picture Quote #1

Kalecki thus precisely predicted the economic and political U-turn that occurred with the advent of neoliberalism. Kalecki also argued that fundamental institutional changes, especially regarding wage-setting and other aspects of the employment relationship, would be essential if full employment was to be sustained Picture Quote #1

Economics is a social science, not a physical science Picture Quote #1

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We know that investment causes growth. But it is also true that growth causes investment Picture Quote #1

The problem is not scarcity; the problem is power Picture Quote #1

If you want poor people to work you restore their incentive by giving them less, such as by cutting social services. If you want rich people to work you restore their incentive by giving them more, such as by cutting taxes Picture Quote #1

Everyone has an interest in the economy: in how it functions, how well it functions, and in whose interests it functions Picture Quote #1

Economic systems come, and economic systems go. No economic system lasts forever. Capitalism is not likely to last forever, either Picture Quote #1

Proving that profit is economically and morally justifiable, rather then the result of exploitation, has been a central preoccupation of neoclassical economists Picture Quote #1

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Like a forensic accountant trying to solve a corporate fraud, following the trail of money around the circle is a good way to understand what actually happens as capitalism unfolds Picture Quote #1

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Never trust an economist with your job. Learn about economics yourself. And make up your own mind about what might protect your job - and what might destroy it (Jim Stanford Quotes) Growth can also involve producing services instead of goods. In particular, a major expansion of public and caring services (like child care, education, elder care, and other life-affirming programs) would generate huge increases in GDP and incomes, with virtually no impact on the environment (Jim Stanford Quotes) Try this: say the words global, global, global aloud several times, as fast as you can. You’ll find yourself sounding like a turkey (gobble, gobble, gobble) (Jim Stanford Quotes) Capitalism, in contrast, has existed for fewer than 300 years. If the entire history of Homo sapiens was a 24-hour day, then capitalism has existed for two minutes (Jim Stanford Quotes) Kalecki thus precisely predicted the economic and political U-turn that occurred with the advent of neoliberalism. Kalecki also argued that fundamental institutional changes, especially regarding wage-setting and other aspects of the employment relationship, would be essential if full employment was to be sustained (Jim Stanford Quotes) Economics is a social science, not a physical science (Jim Stanford Quotes) We know that investment causes growth. But it is also true that growth causes investment (Jim Stanford Quotes) The problem is not scarcity; the problem is power (Jim Stanford Quotes) If you want poor people to work you restore their incentive by giving them less, such as by cutting social services. If you want rich people to work you restore their incentive by giving them more, such as by cutting taxes (Jim Stanford Quotes) Everyone has an interest in the economy: in how it functions, how well it functions, and in whose interests it functions (Jim Stanford Quotes) Economic systems come, and economic systems go. No economic system lasts forever. Capitalism is not likely to last forever, either (Jim Stanford Quotes) Proving that profit is economically and morally justifiable, rather then the result of exploitation, has been a central preoccupation of neoclassical economists (Jim Stanford Quotes) Like a forensic accountant trying to solve a corporate fraud, following the trail of money around the circle is a good way to understand what actually happens as capitalism unfolds (Jim Stanford Quotes)