“Economics as a discipline has in effect become the study of capitalism. The two are taken as the same subject.” TwoStudyTakenSubjectsEffectsDisciplineCapitalismEconomics Author:John Lanchester
“Economics departments are dominated by Marxism, which is taken straight or on the rocks, in the form of Keynesianism.” FormTakenRocksEconomicsDepartmentMarxismKeynesianism Author:Ayn Rand
“I don't want to name names because they'd be mad at me if I did, but people who are significant novelists can't get published by real publishers at this point, or have to go through two years of trying after writing a novel that's taken them five or six years and simply can't get the thing in print. Or it gets in print and it doesn't get reviewed in the New York Times Book Review and disappears without a trace. I mean, it's terrifying. I don't know how anybody can stand it. It's such an enormous amount of work and the economics of it are really quite brutal.” PeopleIfsKnowsWantWritingTryingYearsMeanTwoBookRealNamesNovelKnow HowTakenFiveNew YorkAmountSixEconomicsMadDisappearSignificantEnormousNovelistsTwo YearsPrintReviewsBrutalPublishersNew York TimesBook ReviewWithout A Trace Author:Tony Kushner
“The breakdown of the black community, in order to maintain slavery, began with the breakdown of the black family. Men and women were not legally allowed to get married because you couldn't have that kind of love. It might get in the way of the economics of slavery. Your children could be taken from you and literally sold down the river.” MenWayKindChildrenMightOrderBlackCommunityTakenMarriedMen And WomenEconomicsRiversSlaveryYour ChildrenBreakdownKinds Of LoveBlack CommunityFamily ManBlack Family Author:Kerry Washington
“Economic development over the past two centuries has taken most of humanity from lives that were brutal, ignorant and short, to personal health and security, material comfort and knowledge that were unknown to the elites of the wealthiest and most powerful societies in earlier times.” TwoPastHumanityWealthPowerfulKnowledgeEconomyTakenEnvironmentEconomicCenturySecurityIgnoranceMaterialsDevelopmentComfortEconomicsIgnorantMost PowerfulElitesBrutalOver The PastEconomic DevelopmentPersonal Health Author:Ross Garnaut
“To the masses, the catchwords of Socialism sound so enticing... so they will continue to work for Socialism, helping thereby to bring about the inevitable decline of the civilization which the nations of the West have taken thousands of years to build up.” YearsHelpingNationsSoundLibertyTakenEconomicCivilizationMassEconomicsWestSocialismInevitableDeclineEnticing Author:Ludwig von Mises
“Public works are not accomplished by the miraculous power of a magic wand. They are paid for by funds taken away from the citizens.” LibertyTakenMagicCitizensEconomicsGoldPaidLibertarianAccomplishedFundLibertarianismMiraculousWandsMagic Wands Book:Human action: a treatise on economics Source: Human action: a treatise on economics
“We must first note that economic factors are taken into account in a world in which ignorance, prejudice, and mental confusion, encouraged rather than dispelled by the political organization, exert a strong influence on policy making.” WorldFirstsPoliticalStrongTakenInfluenceEconomicPolicyIgnoranceEconomicsOrganizationAccountsPrejudiceNotesConfusionFactorsPolicy Making Author:Ronald Coase
“Political Economy, in truth, has never pretended to give advice to mankind with no lights but its own; though people who knew nothing but political economy (and therefore knew it ill) have taken upon themselves to advise, and could only do so by such lights as they had.” PeopleGivingLightPoliticalEconomyTakenAdviceMankindEconomicsIllAdvisePolitical Economy Book:Autobiography of John Stuart Mill Source: Autobiography of John Stuart Mill
“The modern joint stock firm is the outcome of innumerable decisions made by individual entrepreneurs, owners and managers. For these decision makers the choices among alternatives were limited and the outcomes uncertain, but almost always there were choices. Despite the variability of these individual decisions, taken cumulatively they produced clear patterns of institutional change” MadeChoicesIndividualDecisionTakenClearModernEconomicsEntrepreneurPatternsDespiteManagersAlternativesFirmOutcomesOwnersMakersUncertainJointsDecisions MadeDecision MakersVariability Author:Alfred D. Chandler, Jr.
“Most, probably, of our decisions to do something positive, the full consequences of which will be drawn out over many days to come, can only be taken as the result of animal spirits-a spontaneous urge to action rather than inaction, and not as the outcome of a weighted average of quantitative benefits multiplied by quantitative probabilities.” ActionSpiritDecisionAnimalResultsTakenBenefitsConsequenceEconomicsAverageOutcomesUrgesSpontaneousProbabilityInactionDays To ComeAnimal Spirits Author:John Maynard Keynes
“What must never be lost sight of is that a public functionary, in his capacity as functionary, produces absolutely nothing; that, on the contrary, he exists only on the products of the industrious class; and that he can consume nothing that has not been taken from the producers.” PhilosophyPoliticalLostClassTakenProduceProductsCapacityEconomicsSightContraryProducersAbsolutely NothingIndustrious Author:Charles Dunoyer
“I've never believed protectionism of that kind will lead us anywhere. I think you can have certain specific rules for engaging with India.. for example, not allowing mineral resources to be taken out of the country.. but there is not a shred of doubt in my mind that when you open an economy you should do it in totality. Foreign investment adds a sense of competition; we should see this as a wake-up call to modernise and upgrade. Companies that do not will undoubtedly die.” ThinkingShouldMindKindCountryCertainDiesCompanyEconomyTakenDoubtExampleResourcesEconomicsIndiaWake UpAddCompetitionInvestmentAllowingEngagingTotalityMineralsWake Up CallProtectionismMineral Resources Author:Ratan Tata
“Yet the basic fact remains: every regulation represents a restriction of liberty, every regulation has a cost. That is why, like marriage (in the Prayer Book's words), regulation should not "be enterprised, nor taken in hand, unadvisedly, lightly, or wantonly"” ShouldBookFactsHandsPoliticalPoliticsPrayerLibertyTakenCostEconomicsRemainsConservativeRegulationRestriction Author:Margaret Thatcher