#economic

Experience has taught us that material wants know no natural bounds, that they will expand without end unless we consciously restrain them. Capitalism rests precisely on this endless expansion of wants. That is why, for all its success, it remains so unloved. It has given us wealth beyond measure, but has taken away the chief benefit of wealth: the consciousness of having enough. ↗

— Robert Skidelsky Edward Skidelsky

#economics #wants #wealth #experience

If we don't learn from each others experience, we are forced to listen to people who have economic reasons to withhold critical information from us all. The other option is to wait for the government to tell us what their financial supporters want us to know. ↗

— Richard Diaz

#government #information #learn #teach #experience

1 billion people in the world are chronically hungry. 1 billion people are overweight. ↗

— Mark Bittman

#food #health #hunger #wealth #food

More die in the United States of too much food than of too little ↗

— John Kenneth Galbraith

#obesity #food

Today, the rich are the haves and the poor are the have-nots. Tomorrow, the rich will be the have-food and the poor will be the have-not food. ↗

— Bill Gaede

#end-of-man #extinction #globalization #last-generation #mass-extinction

Food is a product of supply and demand, so try to figure out where the supplies are fresh, the suppliers are creative, and the demanders are informed. ↗

— Tyler Cowen

#food #supply-and-demand #food

An imposing wall prominently divides the visions of President Obama and congressional Republicans when it comes to economic growth and creating jobs. Solyndra is on one side and the Keystone pipeline is on the other. ↗

— Fred Upton

#congressional #creating #divides #economic #economic growth

[A] great embarrassing fact… haunts all attempts to represent the market as the highest form of human freedom: that historically, impersonal, commercial markets originate in theft. ↗

— David Graeber

#economics #libertarianism #markets #politics #freedom

As if it were Injustice to sell dearer than we buy; or to give more to a man than he merits. The value of all things contracted for, is measured by the Appetite of the Contractors: and therefore the just value, is that which they be contented to give. ↗

— Thomas Hobbes

#fallacy #free-market #freedom-to-contract #just-price #freedom

The social function of economic science consists precisely in developing sound economic theories and in exploding the fallacies of vicious reasoning. In the pursuit of this task the economist incurs the deadly enmity of all mountebanks and charlatans whose shortcuts to an earthly paradise he debunks. The less these quacks are able to advance plausible objections to an economist’s argument, the more furiously do they insult them. ↗

— Ludwig von Mises

#politics #freedom