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Quote by Alex Tabarrok

“Our obsessive focus on college schooling has blinded us to basic truths. College is a place, not a magic formula. It matters what subjects students study, and subsidies should focus on the subjects that matter the most - not to the students, but to everyone else.”

Quote by Alex Tabarrok

Author

Alex Tabarrok is a prominent economist born in 1966. He is known for his extensive research in the field of economics, particularly in innovation, economic growth, and digital currencies. Professor Tabarrok holds a position at the University of Arizona and is the editor of the Marginal Revolution journal. His research has had a significant impact on economic theory and practice. more

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“Writing on the blog, you want to get attention and make strong claims. In academic work, that often doesn't pay, so sometimes it's a little bit difficult going back and forth to navigate these differences.”

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“Well-roundedness comes not from sitting in a classroom but from experiencing the larger world.”

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“Capitalists work hard to produce what consumers want. Artists who work too hard to produce what consumers want are often accused of selling out. Thus, even the languages of capitalism and art conflict: a firm that has 'sold out' has succeeded, but an artist that has 'sold out' has failed.”

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“College has been oversold. It has been oversold to students who end up dropping out or graduating with degrees that don't help them very much in the job market. It also has been oversold to the taxpayers, who foot the bill for subsidies that do nothing to encourage innovation and economic growth.”

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“It would be really great if I discovered a cure for cancer, but it would only be a little bit less great if my neighbor did. So I am pretty happy when my neighbor becomes wealthier, better educated and more innovative. I feel the same about China and India.”

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“The only way to thrive is to innovate. It's that simple.”

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“I encourage everyone I know to sign an organ donor card, but if someone doesn't want to sign, that's his or her choice. If someone isn't willing to give an organ, however, why should that person be allowed to receive an organ?”

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“As far as wages are concerned, the only difference between immigration and birth is that birth takes longer.”

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“Hollywood wants its heroes to be virtuous, but it defines virtue in a way that excludes any action that is self-interested. If virtue means putting others ahead of self, then it's clear that most people, let alone most capitalists, aren't very virtuous.”

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“Michael Moore didn't have to worry that anyone would misinterpret the title of his film, 'Capitalism: A Love Story,' because in Hollywood, no one loves capitalism. That's too bad, because Hollywood is one of capitalism's greatest successes.”

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