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Economic Quotes

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Economic Quotes

“Unlike Hegel's progress model of history, which moves by stages, each containing its own logic of growth and decline, the economic model develops as the simple function of one money-variable over time, with a long-term trend which increases monotonically.”

“All fundamentalist theologians make the ordinances of creation an essential part of creation and absolutize them. Women belong at home, fulfil their life through motherhood, by caring for their husbands and serving them. The fixed role pattern of one particular economic and family order is transformed into an order willed by God and given by creation. With a methodologically similar logic, slaves were understood as those elected by God to serve the whites.”

“Just between you and me, shouldn’t the World Bank be encouraging MORE migration of the dirty industries to the LDCs [Less Developed Countries]?... I think the economic logic behind dumping a load of toxic waste in the lowest wage country is impeccable and we should face up to that... I’ve always though that under-populated countries in Africa are vastly UNDER-polluted, their air quality is probably vastly inefficiently low compared to Los Angeles or Mexico City.”