#economic

The appeal to the intellectually insecure is also more important than it might seem. Because economics touches so much of life, everyone wants to have an opinion. Yet the kind of economics covered in the textbooks is a technical subject that many people find hard to follow. How reassuring, then, to be told that it is all irrelevant -- that all you really need to know are a few simple ideas! Quite a few supply-siders have created for themselves a wonderful alternative intellectual history in which John Maynard Keynes was a fraud, Paul Samuelson and even Milton Friedman are fools, and the true line of deep economic thought runs from Adam Smith through obscure turn-of-the-century Austrians straight to them. ↗

— Paul Krugman

#history #life

If there are still honest-smart men and women within those old and noble traditions, they should think carefully, observe and diagnose the illness. They should face the contradiction. Discuss the conflation. And then do as Warren Buffett and Bill Gates and many others have done. Choose the miracle of creative competition over an idolatry of cash. They should stand up.. ↗

— David Brin

#economics #free-market #science #men

What these men represented was not 'The West' but what was for this century a relatively new kind of monied class in America, a group devoid of social responsibilities because their ties to any one place had been so attenuated. ↗

— Joan Didion

#politics #men

Have you heard a single national figure tell you all of the crises of the recent past are not economic, they're cultural? ↗

— Newt Gingrich

#cultural #economic #figure #heard #national

I prefer to call the most obnoxious feminists what they really are: feminazis. Tom Hazlett, a good friend who is an esteemed and highly regarded professor of economics at the University of California at Davis, coined the term to describe any female who is intolerant of any point of view that challenges militant feminism. ↗

— Rush Limbaugh

#california #call #challenges #coined #davis

It is absolutely no accident that the peace and reconciliation, and indeed the economic progress, that eluded us generation after generation for hundreds of years, has at last come to pass in an Ireland where the talents of women are now flooding every aspect of life as never before. ↗

— Mary McAleese

#accident #after #aspect #before #come

The perennial conviction that those who work hard and play by the rules will be rewarded with a more comfortable present and a stronger future for their children faces assault from just about every direction. That great enemy of democratic capitalism, economic inequality, is real and growing. ↗

— Jon Meacham

#assault #capitalism #children #comfortable #conviction

But my shift to the serious study of economics gradually weakened my belief in Major Douglas's A+B theorem, which was replaced in my thought by the expression MV = PT. ↗

— James Meade

#douglas #economics #expression #gradually #major

From 1931 to 1937, I was a Fellow and Lecturer in Economics at Hertford College, Oxford. ↗

— James Meade

#economics #fellow #i #lecturer #oxford

I have learned as much in the last three years as in any other comparable period of my life, but with an added realisation of how little over a half century of study one has in fact managed to learn of the whole range of economic policy issues. ↗

— James Meade

#any #century #comparable #economic #economic policy