“Yet if anyone cares to read over the now crumbling minutes giving an account of the meetings at which the Italian Fasci di Combattimento were founded, he will find not a doctrine but a series of pointers... It may be objected that this program implies a return to the guilds (corporazioni). No matter!... I therefore hope this assembly will accept the economic claims advanced by national syndicalism.” IfsGivingMayMatterCareAcceptingEconomicMinutesReturnProgramEconomicsAccountsClaimsMeetingsSeriesDoctrineItalianFascismAssemblyCrumblingGuildsPointers Author:Benito Mussolini
“Getting a traditional pharmaceutical to the market can cost a billion dollars or more. Newer, more tailored and targeted drugs called biologics are even more complex and expensive. Simple economics dictates that companies and venture funds will invest more in products that can generate a sufficient return.” SimpleCompanyProductsReturnCostDrugEconomicsDollarsComplexesBillionsTraditionalSufficientExpensiveFundVenturePharmaceuticalTailored Author:David Mixner
“If economics wants to understand the new economy, it not only has to understand increasing returns and the dynamics of instability. It also has to look at cognition itself, something we have never done before in economics.” IfsWantLooksDoneEconomyReturnEconomicsCognitionDynamicsInstability Author:W. Brian Arthur
“Finding a single investment that will return 20% per year for 40 years tends to happen only in dreamland. In the real world, you uncover an opportunity, and then you compare other opportunities with that. And you only invest in the most attractive opportunities. That's your opportunity cost. That's what you learn in freshman economics. The game hasn't changed at all. That's why Modern Portfolio Theory is so asinine.” WorldYearsRealHappensOpportunityGamesModernChangedTheoryReturnCostFindingsEconomicsInvestmentCompareAttractiveReal WorldPortfoliosFreshmanDreamlandOpportunity Cost Author:Charlie Munger
“The attraction of power we take for granted in politics.. But in economics...the thrust...is for pecuniary return, for money. And I have always felt that denies in the economic world a very large part of the motivation.” WorldMotivationFeltEconomicReturnEconomicsDenyAttractionGrantedThrust Author:John Kenneth Galbraith
“[My father] was also a lawyer in his bank and specialized in tax law. He would have to do the tax returns for all the Harvard profs because they were buffaloed by that kind of reasoning. Professors in the economics department, even they knew nothing about it.” KindLawFatherReturnTaxesEconomicsLawyerReasoningDepartmentProfessorsHarvardTax Returns Author:Paul Laffoley
“Now that virtually every career is an option for ambitious girls, it can no longer be considered regressive or reactionary to reintroduce discussion of marriage and motherhood to primary education. We certainly do not want to return to the simplistic duality of home economics classes for girls and wood shop for boys.” WantHomeGirlClassBoysCareersReturnEconomicsWoodsMotherhoodPrimariesDiscussionShopsAmbitiousDualityReactionariesPrimary EducationHome Economics Author:Camille Paglia
“It is here we come to the heart of the matter. The economic principle of comparative advantage', 'a country may, in return for manufactured commodities, import corn even if it can be grown with less labour than in the country from which it is imported” IfsHeartMayCountryMatterPrinciplesEconomicReturnAdvantageEconomicsLabourCommodityCornImportsComparative Advantage Author:David Ricardo
“Money must serve, not rule! The Pope loves everyone, rich and poor alike, but he is obliged in the name of Christ to remind all that the rich must help, respect and promote the poor. I exhort you to generous solidarity and a return of economics and finance to an ethical approach which favours human beings.” HumansHelpingNamesChristHuman BeingsPoorRichReturnApproachCapitalismEconomicsFinanceGenerousEthicalSolidarityPopeFavourObligedRich And PoorLove Everyone Author:Pope Francis
“Economic dynamism can be combined with environmental and social responsibility. High financial returns can go hand in hand with respect for human rights, and the preservation of the planet's natural resources” HumansHandsSocialNaturalBusinessResponsibilityRightsEconomicPlanetsReturnResourcesEconomicsManagementEnvironmentalFinancialHuman RightsPreservationSocial ResponsibilityHand In HandNatural ResourcesDynamism Author:David Miliband
“As I noted in my Nobel lecture, an early insight in my work on the economics of information concerned the problem of appropriability - the difficulty that those who pay for information have in getting returns.” ProblemPayInformationReturnConcernedEconomicsDifficultyInsightLecturesNobel Author:Joseph Stiglitz
“Economics, as it is often taught today, portrays us as homo economicus-someone who doesn't vote in presidential elections, doesn't return lost wallets, and doesn't leave tips when dining out of town. Julie Nelson reminds us that most people aren't really like that. She helps point the way to a richer, more descriptive way of thinking about economic life.” PeopleThinkingWayHelpingTodayLostEconomicTaughtReturnEconomicsVoteTownsElectionPresidentialWay Of ThinkingDiningNelsonWalletsPresidential ElectionDining Out Author:Robert H. Frank
“The Pope appeals for disinterested solidarity and for a return to person-centred ethics in the world of finance and economics.” WorldPersonsJusticeEconomyEconomicReturnEthicsEconomicsFinanceInequalityAppealsSolidarityPopeDisinterestedEconomic Justice Author:Pope Francis