Quotes About Economics

Over time, the way parents have allocated their non-market-work hours has shifted considerably. The biggest change in the new home economics has been time devoted to housework. This has fallen precipitously—almost in half over 40 years.

The food represented a considerable investment: 1,252,909 maravedís, nearly as much as the cost of the entire fleet

Poor people have been voting for big government liberalism for 50 years... and they are still poor.

Safe yield in West Texas has long been abandoned for economic growth.

It was a fundamental principle of the Gradgrind philosophy that everything was to be paid for.

The Situational Character: A Critical Realist Perspective on the Human Animal" by Jon D. Hanson and David G. Yosifon, along with its companion piece, "The Situation: An Introduction to the Situational Character, Critical Realism, Power Economics, and Deep Capture." Situationism

Today's usury-money is part of a story of separation, in which 'more for me is less for you.' That is the essence of interest: I will only "share" money with you if end up with even more of it in return. On the systemic level as well, interest on money creates competition, anxiety and the polarization of wealth. Meanwhile, the phrase 'more for me is less for you' is also the motto of the ego, and a truism given the discrete and separate self of modern economics, biology, and philosophy.

The small stuff matters. The company that became the largest and most powerful in history isn't a military contractor or a car company. It isn't the result of savvy lobbyists in Washington, or the happenstance of controlling the supply of petroleum, or some kind of cabal that is beyond the understanding of ordinary people. The largest and most powerful company in history is built by each of us handing over three single dollar bills over and over again.

Under civilization poverty is born of superabundance itself.

Thomas Sowell eloquently counters this assumption when he writes, "To the economically illiterate, if some company makes a million dollars in profit, this means that their products cost a million dollars more than they would have without profits. It never occurs to such people that these products might cost several million dollars more…without the incentives to be efficient created by the prospect of profits."3

The job of economic theorists is to prove theorems. The job of policy economists is to figure out which theorems to apply.

But what I really believe is education is a key to pretty much everything - prosperity, economics, peace, stability.

Deregulated marketplace: a brilliant method by which profits are privatized and losses are socialized.

Under capitalism, man exploits man. Under communism, is the reverse.

The poor are pawns in a political-economic system contrived to keep those in power powerful and rich. Although the stake most people have in the going scheme is tiny, it's been enough to help isolate the majority of Russians from one another and keep them from acting in their common interests by joining forces against the country's top-down corruption.

An important lever for sustained action in tackling poverty and reducing hunger is money.

décadas enteras de mala política, de inmensos desequilibrios económicos, de pésima educación no pueden más que llevar a una comunidad al suicidio o a la histeria.

Commerce they say, encourages the bourgeois virtues of thrift, hard work,self -reliance,and self discipline.

A minor bureaucrat's demand for payment to process a form is condemned as corruption. A national leader's sweetheart privatization of public assets to friends and relatives is applauded as market liberalization.

education sold as an investment good that has no economic return for most buyers is, quite simply, a fraud.

Thatcher began the privatization of the most precious part of Britain's social commons, the National Health Service, through what her economic advisers called the 'micro-politics of privatization'. The idea was that the government should gradually cut resources for a popular service so as to undermine faith in its capacity to deliver, leading to acceptance of

Let us face it: in the world today, money and economic strength remain more powerful arguments than the number of people you represent.

A todo eso se le llama entonces "cambio estructural". Le llamarían neoliberalismo después.

The clever economists who tell us that we don't need British agriculture and that our farms should be turned into national parks seem to ignore the rather obvious snag that an unfriendly country could starve us into submission in a week. But to me a greater tragedy still would be the loss of a whole community of people like