“Apart from their work and production, households perform other important economic functions. Most CONSUMPTION occurs within the household. ... In developed capitalist economies, private consumption spending accounts for half or more of GDP.” ImportantHalfEconomyEconomicAccountsFunctionProductionsSpendingCapitalistHouseholdConsumptionGdpCapitalist Economy Book:Economics for everyone: a short guide to the economics of capitalism Source: Economics for everyone: a short guide to the economics of capitalism
“When you start cutting government expenditure, at some point you are cutting essential services rather than excessive services. So you have to take into account the social costs involved in cutting government spending.” GovernmentSocialCuttingInvolvedCostEssentialsAccountsSpendingExpendituresGovernment Spending Author:Raghuram Rajan
“Rather than saying, 'My checking account is a wreck,' change it to 'I will learn how to track my spending and balance my checkbook.'” BalanceAccountsTrackSpendingWrecksChecking Accounts Author:Suze Orman
“The living room is a monument to my impulsive spending habits. I've got more than two hundred DVDs, including cinematic greats such as Monkey Bone, Corkey Romano, and A Night at the Roxbury, leading me to believe not only do I have awful taste in films, but I also have a Chris Kattan fixation. What I don't have is $4000 earing intrest in a money market account.” BelieveTwoFilmNightRoomsHabitTasteHundredAccountsIncludingBonesSpendingAwfulMonkeysMonumentLiving RoomLeading MeDvdsCinematicImpulsiveFixation Author:Jen Lancaster
“In so far as such developments utilise the natural energy running to waste, as in water power, they may be accounted as pure gain. But in so far as they consume the fuel resources of the globe they are very different. The one is like spending the interest on a legacy, and the other is like spending the legacy itself. ... [There is] a still hardly recognised coming energy problem.” MayStillsDifferentProblemRunningScienceEnergyInterestWaterNatureNaturalDifferencesDevelopmentPureWasteGainsResourcesAccountsSpendingLegacyFuelGlobesWater PowerNatural Energy Author:Frederick Soddy