“The Russian drama began at the end of 1991, when the Soviet Union mercifully ended. Russia and 14 other new countries emerged from the ruins of the Soviet Union. Every one of those 15 new states faced a profound historical, economic, financial, social and political challenge.” EndsCountryStatesPoliticalSocialChallengesEconomicDramaUnionsHistoricalProfoundFinancialRussiaRuinsSovietSoviet Union Author:Jeffrey Sachs
“I don't think one can accurately measure the historical effectiveness of a poem; but one does know, of course, that books influence individuals; and individuals, although they are part of large economic and social processes, influence history. Every mass is after all made up of millions of individuals.” ThinkingKnowsDoeMadeBookCoursesIndividualSocialProcessMillionsInfluenceEconomicMassHistoricalEffectiveness Book:Light Up the Cave Source: Light Up the Cave
“It is impossible to understand the economic system in which we are living if we try to interpret it as a rational scheme.It has to be understood as an awkward phase in a continuing process of historical development.” IfsTryingProcessImpossibleEconomicDevelopmentUnderstoodHistoricalRationalAwkwardPhasesSchemesContinuingEconomic Systems Author:Edwin Arlington Robinson
“I've always been interested in history, but they never taught Negro history in the public schools...I don't see how a history of the United States can be written honestly without including the Negro. I didn't [paint] just as a historical thing, but because I believe these things tie up with the Negro today. We don't have a physical slavery, but an economic slavery. If these people, who were so much worse off than the people today, could conquer their slavery, we can certainly do the same thing....I am not a politician. I'm an artist, just trying to do my part to bring this thing about.” PeopleIfsTryingBelieveStatesTodaySchoolArtistI BelieveUnitedUnited StatesWrittenEconomicTaughtPoliticianSlaveryHistoricalPaintIncludingHonestlyConquerTiesPublic SchoolEconomic Slavery Author:Jacob Lawrence
“For nearly two centuries, scholars and politicians have debated the future of capitalism. Its critics, most prominent among them Karl Marx, have seen capitalism as intrinsically unstable, full of contradictions that will lead eventually to its collapse. Its supporters see it as the best way to allocate resources and rewards. Some even hint that the democratic capitalistic society is not just a phase in the historical evolution of economic systems but its ultimate end.” WayTwoEndsEconomicCenturyEvolutionPoliticianCapitalismResourcesUltimateHistoricalDemocraticCriticsRewardsBest WayContradictionScholarCollapsePhasesSupporterHintsUnstableProminentEconomic Systems Author:Raghuram Rajan
“The truth is that capitalism has not only multiplied population figures, but at the same time, improved the people's standard of living in an unprecedented way. Neither economic thinking nor historical experience suggests that any other social system could be as beneficial to the masses as capitalism. The results speak for themselves. The market economy needs no apologists and propagandists. It can apply to itself the words of Sir Christopher Wren's epitaph in St. Paul's: Si monumentum requires, circumspice.” PeopleThinkingWayNeedsSpeakSocialResultsEconomyEconomicFiguresTruth IsMassStandardsCapitalismHistoricalPopulationBeneficialUnprecedentedStandards Of LivingEpitaphMarket EconomySocial SystemsPropagandistWrens Author:Ludwig von Mises
“If you think about the last 50 years, Africa's proximity and historical context has absolutely been with Europe and the United States, but their approach in dealing with the economic challenges that Africa faces in particular has been one of handing out aid, not developing economies, not building a long term relationship around agriculture and so on.” IfsThinkingYearsLongHas BeensStatesLastsFacesTermChallengesUnitedUnited StatesEconomyEconomicBuildingParticularApproachEuropeHistoricalAidsDevelopingLong TermAgricultureProximityLong Term RelationshipHistorical Context Author:Dambisa Moyo