The United State has a net worth against which our debt is a joke ... we wrote in 2008 the United States… — George Friedman Copy Share Image
“The latter is useful for predictive purposes only to the extent that the individual participant, in the market relationship, is guided by… — Anonymous Copy Share Image
Mainstream economic theories popular in the last several decades have tended to downplay the government's role in markets and to increase skepticism… — Mariana Mazzucato Copy Share Image
The Western world, in spite of its advantages of mechanization and industrial efficiency is today in a worse mess than ever before… — Muhammad Ali Jinnah Copy Share Image
Two factors explain our success. One, MIT's renaissance after World War II as a federally supported research resource. Two, the mathematical revolution… — Paul Samuelson Copy Share Image
I imagine you already know that I am much more socialistic in my economic theory than capitalistic. And yet I am not… — Martin Luther King, Jr Copy Share Image
For the individual, as I can testify, a brief grounding in semantics, besides making philosophy unreadable, makes unreadable most political speeches, classical… — Stuart Chase Copy Share Image
What Smith and Marx have in common is that they were both philosophers of great vision and perceptiveness, deep humanity, and a… — Allen W. Wood Copy Share Image
Almost all systems of economic thought are premised on the idea of continued economic growth, which would be fine and dandy if… — George Monbiot Copy Share Image
Classic economic theories recognize public goods aspects of one kind or another - the need for economic intervention in, obviously, the supply… — Kenneth Arrow Copy Share Image
The seminar in economic theory conducted by Hayek at the L.S.E. in the 1930s was attended, it came to seem, by all… — John Kenneth Galbraith Copy Share Image
“This book was under arrest, along with its author. This event occurred on March 27, 1986. During that time, the totalitarian system… — Todor Bombov Copy Share Image
The notion that a society could be regulated entirely by market forces is a utopian fantasy: an impossible dream generated by imagining… — David Graeber Copy Share Image
There are questions as to whether it should even exist. Who should corporations be responsive to, the management of a corporation? Theoretically… — Noam Chomsky Copy Share Image
Among the current discussions, the impact of new and sophisticated methods in the study of the past occupies an important place. The… — Robert Fogel Copy Share Image
We are all far less rational in our decision-making than standard economic theory assumes. Our irrational behaviors are neither random nor senseless:… — Dan Ariely Copy Share Image
The modern history of economic theory is a tale of evasions of reality. — Thomas Balogh, Baron Balogh Copy Share Image
I imagine you already know that I am much more socialistic in my economic theory than capitalistic. — Martin Luther King, Jr Copy Share Image
If I really believed in Friedman's economic theory, then I'd be quite satisfied to spend the rest of my life with a… — Nigel Lawson Copy Share Image
Economic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and… — Ludwig von Mises Copy Share Image
Classic economic theory, based as it is on an inadequate theory of human motivation, could be revolutionized by accepting the reality of… — Abraham Maslow Copy Share Image
There is much of economic theory which is pursued for no better reason than its intellectual attraction; it is a good game.… — Sir John Richard Hicks Copy Share Image
[No society can survive the socialist] fallacy that there is an absolutely unlimited number of inspired officials and an absolutely unlimited amount… — Gilbert K. Chesterton Copy Share Image
The metal of economic theory is in Marx's pages immersed in such a wealth of steaming phrases as to acquire a temperature… — Joseph A. Schumpeter Copy Share Image
Even before I came to Chicago, I had gotten interested in the existence of dispersion of prices under conditions which economic theory… — George Stigler Copy Share Image
Unlike physics, for example, such parts of the bare bones of economic theory as are expressible in mathematical form are extremely easy… — John Maynard Keynes Copy Share Image
There’s an economic theory out there that if you take the incomes of your five closest friends and average them, the resulting… — Austin Kleon Copy Share Image
Economic theory has nothing to say as to what commodity will acquire the status of money. Historically, it happened to be gold.… — Hans-Hermann Hoppe Copy Share Image
Now, because he knows that his economic theories don't work, he's been spending these last few days calling me every name in… — Barack Obama Copy Share Image
People tend to be clueless about prices. Contrary to economic theory, we don't really decide between A and B by consulting our… — William Poundstone Copy Share Image
A lot of things that we cannot buy and sell in markets used to be totally legal objects of market exchange -… — Ha-Joon Chang Copy Share Image
Even philosophies who have denounced pseudosciences like psychoanalysis, have condoned pseudoscientific economic theories like neoclassical microeconomics. It is far safer and easier… — Mario Bunge Copy Share Image
There are all sorts of institutions in the economic world which depart from the simple price/market model which I worked on in… — Kenneth Arrow Copy Share Image
“Depicting rational economic man as an isolated individual – unaffected by the choices of others – proved highly convenient for modelling the… — Kate Raworth Copy Share Image
“Some people argue that economics is an exception to this general story. Economics, they say, provides a much more analytically precise and… — Thomas Homer-Dixon Copy Share Image
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