#economic

If you want your fridge-freezer and your car and a nice house and asphalt on the roads and a health service, then thank the weapons business. Thank the war economy that drives us to this. ↗

— Jasper Fforde

#business

If economics were only about profit maximization, it would be just another name for business administration. It is a social discipline, and society has other means of cost accounting besides market prices. ↗

— Dani Rodrik

#economics #globalization #instituions #politics #business

I think the rich will eventually have to cave in too, because the economic situation around the world is not gonna tolerate the United States being on top forever. ↗

— Nina Simone

#because #being #cave #economic #economic situation

The test of a progressive policy is not private but public, not just rising income and consumption for individuals, but widening the opportunities and what Amartya Sen calls the 'capabilities' of all through collective action. But that means, it must mean, public non-profit initiative, even if only in redistributing private accumulation. Public decisions aimed at collective social improvement from which all human lives should gain. That is the basis of progressive policy—not maximising economic growth and personal incomes. Nowhere will this be more important than in tackling the greatest problem facing us this century, the environmental crisis. Whatever ideological logo we choose for it, it will mean a major shift away from the free market and towards public action, a bigger shift than the British government has yet envisaged. And, given the acuteness of the economic crisis, probably a fairly rapid shift. Time is not on our side. ↗

— Eric J. Hobsbawm

#britain #climate-change #economics #environmentalism #free-market

Since the 1980s, we have given the rich a bigger slice of our pie in the belief that they would create more wealth, making the pie bigger than otherwise possible in the long run. The rich got the bigger slice of the pie all right, but they have actually reduced the pace at which the pie is growing. ↗

— Ha-Joon Chang

#change

The laws you see today are a direct consequence of economic illiteracy in the general population. If every voter learned economics tonight, the laws would change tomorrow. ↗

— Ben Mathew

#change

Why should a financial engineer be paid four, four times... to a hundred times more than the, uh... real engineer? A real engineer build bridges, a financial engineer build, build dreams. And when those dream turn out to be nightmares, other people pay for it. ↗

— Andrew Sheng

#economics #dreams

The working class had imposed upon them a sterile and authoritarian educational system which mirrored the ethos of the corporate workplace. ↗

— Anthony M. Platt

#education #politics #education

Standard economics assumes that we are rational... But, as the results presented in this book (and others) show, we are far less rational in our decision making... Our irrational behaviors arevneither random nor senseless- they are systematic and predictable. We all make the same types of mistakes over and over, because of he basic wiring of our brains.-pg. 239 ↗

— Dan Ariely

#educational #inspriational #education

At times there's something so precise and mathematically chilling about nationalism. Build a dam to take away water AWAY from 40 million people. Build a dam to pretend to BRING water to 40 million people. Who are these gods that govern us? Is there no limit to their powers? ↗

— Arundhati Roy

#capitalism #corporations #dam #economics #environmental-degradation