“President Obama is in China now for an economic summit in Beijing. The president wore a traditional purple silk shirt along with Chinese President Xi Jinping and Vladimir Putin. That's after they taught Putin how to put a shirt ON.” PresidentEconomicTaughtChinaTraditionalChineseShirtsPresident ObamaPurpleSummitPutinSilkBeijing Author:Jimmy Fallon
“Synthetic Worlds is a surprisingly profound book about the social, political, and economic issues arising from the emergence of vast multiplayer games on the Internet. What Castronova has realized is that these games, where players contribute considerable labor in exchange for things they value, are not merely like real economies, they are real economies, displaying inflation, fraud, Chinese sweatshops, and some surprising in-game innovations.” WorldBookRealPoliticalValuesGamesSocialEconomyIssuesPlayerEconomicInternetLaborInnovationProfoundChineseFraudSurprisingInflationEmergenceSyntheticEconomic IssuesSweatshops Author:Tim Harford
“A very high fraction of America's economic problems come not from our difficulties with education or globalization or competition with the Chinese or whatever. But they come from the fact that a small number of wealthy and powerful people who run dangerous and/or inefficient companies are able, through the use of money in the political process, to prevent the government from regulating them properly.” PeopleFactsUseProblemGovernmentRunningAbleAmericaPoliticalProcessPowerfulNumbersCompanyEconomicDangerousDifficultyCompetitionChineseWealthyGlobalizationFractionsSmall NumbersEconomic Problems Author:Charles Ferguson
“The world is a big place, and there are many paths that lead to success. This applies to both political and economic concepts. For this reason, we see no need to stoically pursue the Chinese, American or French way. But we have socialism in common with China.” WorldWayNeedsReasonBigsPoliticalCommonPathEconomicConceptsChinaSocialismPursueChineseMany Paths Author:Nguyen Minh Triet
“The United State has a net worth against which our debt is a joke ... we wrote in 2008 the United States is going to come out of this recession fast. The Europeans are going to fragment. The Chinese are going to be cremated. Why could we come out of it? Why has all economic theory been proven wrong? Because we're rich and we could afford it.” StatesUnitedUnited StatesRichEconomicTheoryJokesDebtChineseProvenFragmentsRecessionsNet WorthEconomic TheoryProven Wrong Author:George Friedman