“The '90s were extremely diverse, almost like a laboratory of the new century. There was much experimenting around, in politics, economics, gender and family structures, and also in fashion. There was a cloud of possibilities which kept us all dizzy.” CenturyFashionPossibilityEconomicsStructureCloudsGenderDiverseLaboratoryDizzy Author:Jil Sander
“I believe that the 21st century economy is an economy of people, not of factories. The intellectual factor has become increasingly important in the economy, which is why we are planning to focus on providing additional opportunities for people to realise their potential.” PeopleThinkingOpportunityResponsibilityHistoryPowerEconomyPlansEconomicCenturyHonestyDevelopmentCreatingIntellectualAspectEconomicsDebtSocialismRealisingFactories21st CenturyTaxationEconomic Development Author:Vladimir Putin
“The orthodox doctrines of economics which were dominant in the last quarter of the nineteenth century had a clear message. They supported laisser faire, free trade, the gold standard, and the universally advantageous effects of the pursuit of profit by competitive private enterprise.” LastsClearEffectsCenturyMessagesStandardsEconomicsGoldTradeProfitPursuitDoctrineEnterpriseOrthodoxQuartersDominantNineteenth CenturyFree TradePrivate EnterpriseGold Standard Book:Economic heresies: some old-fashioned questions in economic theory Source: Economic heresies: some old-fashioned questions in economic theory
“If adapted to the unique requirements of various regions and peoples of the world, such economic pluralism could have a greater global impact over the next fifty years than the collectivist economics of Marxism and neo-Marxism have had during the half century just past.” IfsWorldYearsWisdomPastNextPoliticsHalfEconomyGreaterEconomicCenturyUniqueEconomicsImpactVariousLiberalismFiftyRegionsRequirementsMarxismAdaptedPluralism Author:Robert Dickson Crane
“All of the progress that the US has made over the last couple of centuries has come from unemployment. It has come from figuring out how to produce more goods with fewer workers, thereby releasing labor to be more productive in other areas. It has never come about through permanent unemployment, but temporary unemployment, in the process of shifting people from one area to another.” PeopleMadeLastsProcessProgressCenturyProduceCoupleAreasEconomicsLaborWorkersPermanentProductiveGoodsTemporaryFewerUnemploymentShifting Author:Milton Friedman
“Unless we do change our whole way of thought about work, I do not think we shall ever escape from the appalling squirrel-cage of economic confusion in which we have been madly turning for the last three centuries or so, the cage in which we landed ourselves by acquiescing in a social system based upon Envy and Avarice. A society in which consumption has to be artificially stimulated in order to keep production going is a society founded on trash and waste.” ThinkingWayHas BeensWholeLastsOrderThreeSocialWorkEconomicCenturyWasteEconomicsProductionsEnvyConfusionConsumptionCagesTrashAvariceSquirrelsSocial Systems Author:Dorothy L. Sayers
“I use throughout the term 'liberal' in the original, nineteenth-century sense in which it is still current in Britain. In current American usage it often means very nearly the opposite of this. It has been part of the camouflage of leftish movements in this country, helped by muddleheadedness of many who really believe in liberty, that 'liberal' has come to mean the advocacy of almost every kind of government control.” BelieveKindMeanHas BeensStillsCountryUseGovernmentTermLibertyCenturyMovementEconomicsOppositesOriginalsCurrentsBritainNineteenth CenturyAdvocacyUsageCamouflage Author:Friedrich August von Hayek
“Today, in the Twenty-First Century, an age of jet aircraft, personal computers, wireless telecommunications, laser surgery, and incipient space travel, the mentality with which many presumably educated, intelligent people approach matters of economics and business is, however astonishing it may seem, still that of the Dark Ages.” PeopleFirstsMayStillsMatterSeemsAgeTodayDarkSpaceCenturyComputerApproachEconomicsTwentiesIntelligentEducatedMentalitySurgeryAstonishingJetDark AgesSpace TravelAircraftWirelessLasersPersonal ComputersTelecommunications Author:George Reisman
“As the worldly philosophers of the past affirmed, the goal of economics is to improve the way society functions. In The New Financial Order, Robert Shiller joins this proud tradition by directing his brilliant economic skills toward the creation of financial institutions designed to reduce the risks an unknown future visits on most members of our society and others. Shiller's imaginative and compelling analysis will appeal to all readers who share his passion for initiating not only a richer, but a better, century.” WayPastOrderPassionGoalRiskShareEconomicCenturyCreationReaderProudSkillsMembersEconomicsTraditionFunctionInstitutionsFinancialPhilosopherBrilliantAppealsAnalysisOur SocietyCompellingWorldlyImaginativeFinancial InstitutionsUnknown Future Author:Peter L. Bernstein
“The technologies for the alternative energy sources exists today. The economics are compelling. The public health is compelling. Why would we maintain a focus on a 17th-century technology, when there are 21st-century alternatives that are both necessary and available? And the answer is the subversion of democracy.” TodayEnergyAnswersTechnologyDemocracyFocusCenturySourceEconomicsAvailableAlternativesCompelling21st CenturyPublic HealthEnergy SourcesSubversion17th CenturyAlternative Energy Author:Robert F. Kennedy, Jr.
“I think that a true economics thinker or a Marxist thinker would make nonsense of my argument, although I have given massive seminars and no one has demolished it so far. I did think that this idea from an artisanal and trading perception of the auratic quality of goods when they are given character and inscription, made the stories of phantasmic wealth read more powerfully in the 18th and 19th centuries than the stories of Cinderella's wealth, because they are conjured out of nothing by these magic means.” ThinkingMeanMadeIdeasCharacterStoriesGivenWealthQualityMagicCenturyPerceptionEconomicsArgumentNonsenseMassiveGoodsThinkerTrading19th CenturyMarxistInscriptionsSeminars Author:Marina Warner