#economics

African leaders should not turn the continent into a giant collector of donations and loans from wealthy nations—they must find other plausible means to help established their economic security so as to minimize poverty. This incoherent blunder on the mainland must be scrutinized. ↗

— Duop Chak Wuol

#economics-philosophy #grant #leadership #loans #leadership

There are few genuine conservatives within the U.S. political system, and it is a sign of the intellectual corruption of the age that the honorable term 'conservatism' can be appropriated to disguise the advocacy of a powerful, lawless, aggressive and violent state, a welfare state for the rich dedicated to a lunatic form of Keynesian economic intervention that enhances state and private power while mortgaging the country's future. ↗

— Noam Chomsky

#conservatism #economics #intellectuals #keynesianism #law

But there is merit even in the mentally retarded legislator. He asks the questions that everyone is afraid to ask for fear of seeming simple. ↗

— John Kenneth Galbraith

#politics #age

Economists are generally negligent of their heroes. ↗

— John Kenneth Galbraith

#age

Some places will, however, be left behind. Not every city will succeed, because not every city has been adept at adapting to the age of information, in which ideas are the ultimate creator of wealth. ↗

— Edward Glaeser

#economics #ideas #age