#economics

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

The industrial mind is a mind without compunction; it simply accepts that people, ultimately, will be treated as things and that things, ultimately, will be treated as garbage. (A Defense of the Family Farm, 1986) ↗

— Wendell Berry

#worth #family

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

Then the shit hit the fan. ↗

— John Kenneth Galbraith

#economics #life