“Economics is the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses.” HumansMeanEndsUseStudyEconomicsAlternativesBehaviourScarceHuman Behaviour Author:Bill Vaughan
“Some individuals are better able than others to draw the right conclusions about the world about them and act accordingly. These individuals will be more likely to survive and reproduce so their pattern of behaviour and thought will become dominant” WorldAbleIndividualDrawsEconomicsPatternsConclusionBehaviourDominant Author:Stephen Hawking
“I am saying that the economic approach provides a valuable unified framework for understanding all human behaviour” HumansUnderstandingEconomicApproachEconomicsValuableBehaviourFrameworkUnifiedHuman Behaviour Book:The essence of Becker Source: The essence of Becker
“Opportunism is self interest seeking with guile often involving subtle forms of deceit, especially calculated efforts to mislead, distort, disguise, obfuscate, or otherwise confuse. This vastly complicates the problems of economic organisation. Plainly if it were not for opportunism all behaviour could be rule governed” IfsSelfProblemFormInterestEffortEconomicEconomicsSeekingSubtleDeceitBehaviourDisguiseSelf InterestMisleadInvolvingOrganisationGuileOpportunism Author:Oliver E. Williamson
“Economics, as it has emerged, can be made more productive by paying greater and more explicit attention to the ethical considerations that shape human behaviour and judgment.” HumansMadeChallengesAttentionGreaterInspireShapesJudgmentEconomicsProductiveConsiderationEthicalBehaviourProvokingExplicitHuman Behaviour Author:Amartya Sen
“It's the behaviour of your company and its people that form your reputation, and your reputation is your brand” PeopleFormBusinessCompanyEconomicsManagementReputationBrandsBehaviour Author:Dave Allen
“Modern economics is a set of formal models and equations purporting to fully determine human behaviour, at least in the economic realm. And there is no way that uncertainty can be compressed into determinate mathematical models.” WayHumansEconomicModernModelsEconomicsDetermineMathematicalUncertaintyRealmsBehaviourFormalEquationsHuman BehaviourMathematical Models Author:Murray Rothbard