“In the 1980s, we were advised, why don't you follow Reaganomics or Thatcherite economics. We said, yes, there are good points, let's see how we can fit them in the Indian economy. Every country has its own way of moving forward.” WaySaidCountryMovingEconomyFitEconomicsMoving ForwardIndianReaganomics Author:Pranab Mukherjee
“My first undertaking in the way of scientific experiment was in the field of economics and psychology.” WayFirstsPsychologyFieldsEconomicsExperimentsUndertakings Book:The reminiscences of an astronomer Source: The reminiscences of an astronomer
“The way I think of it, economics and ecology occupy two intellectual silos, isolated from each other. Even when they do take each other into consideration, it's not uncommon for ecologists to spout absolute nonsense about economics, and vice versa.” ThinkingWayTwoIntellectualEconomicsAbsolutesVicesNonsenseConsiderationIsolatedEcologyVice VersaUncommon Author:Charles C. Mann
“Here is a principle to use in all aspects of economics and policy. When you find a good or service that is in huge demand but the supply is so limited to the point that the price goes up and up, look for the regulation that is causing it. This applies regardless of the sector, whether transportation, gas, education, food, beer, or daycare. There is something in the way that is preventing the market from working as it should. If you look carefully enough, you will find the hand of the state making the mess in question.” IfsWayShouldLooksStatesEnoughUseHandsPrinciplesPolicyHugeDemandAspectEconomicsMessBeerGasRegulationTransportationPreventingDaycare Author:Jeffrey Tucker
“The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market. And that's why it's so essential to preserving individual freedom.” PeopleWayTogetherIndividualFreedomEconomyEssentialsEconomicsPartnershipFree MarketIndividual FreedomFree Market Capitalism Author:Milton Friedman
“The black market was a way of getting around government controls. It was a way of enabling the free market to work. It was a way of opening up, enabling people.” PeopleWayGovernmentBlackFreedomEconomyEconomicsOpeningWorking ItFree MarketEnablingOpening UpMarket EconomyFree Market Capitalism Author:Milton Friedman
“I'm very lucky to be able to work in print and radio. I'm very lucky to be able to work at a time when finance and economics are really important. And the number of people who tell finance and economic stories in a kind of accessible storytelling way, there's much more demand than there is supply.” PeopleWayKindImportantStoriesAbleNumbersEconomicLuckyDemandEconomicsRadioStorytellingFinancePrint Author:David Plotz