“Economists use the word consume to mean "utilize economic goods," but the Shorter Oxford Dictionary's definition is more appropriate to ecologists: "To make away with or destroy; to waste or to squander; to use up." The economies that cater to the global consumer society are responsible for the lion's share of the damage that humans have inflicted on common global resources.” HumansMeanUseCommonEconomyShareEconomicWasteResourcesResponsibleDefinitionsConsumersDamageAppropriateGoodsLionsConsumerismEconomistDictionaryOverconsumptionOxford Author:Alan Thein Durning
“Economists typically think that your happiness goes up as you get more money, but the more you have, the less each additional dollar matters. This means that you value money most in times when you have less income and more expenses.” ThinkingMeanMatterValuesDollarsIncomeExpensesMore MoneyEconomist Author:Emily Oster
“Economists are almost unanimous in conceding that the land tax has no adverse side effects. ...Landowners ought to look at both sides of the coin. Applying a tax to land values also means removing other taxes. This would so improve the efficiency of a city that land values would go up more than the increase in taxes on land.” LooksMeanValuesSidesCitiesLandEffectsOughtTaxesIncreaseEfficiencyBoth SidesEconomistCoinsAdverseSide Effects Author:William Vickrey