Blame Quote by Chris Hedges

Litmus test: If you can't describe Ricardo's Law of Comparative Advantage and explain why people find it counterintuitive, you don't know enough about economics…

— Eliezer Yudkowsky

I suspect that one of capitalism's crucial assets derives from the fact that the imagination of economists, including its critics, lags well behind its…

— Zygmunt Bauman

“Economists Mason Gaffney and Fred Harrison claim in their work The Corruption of Economics that industrialists toward the end of the 19th century may…

— Martin Adams

One of the profound effects of economics in our day is that the people with the money and the power have embraced the guilt-free,…

— Jane Smiley

There's a very good reason for why economics developed the way it did, and that is that in many situations, the assumption that people…

— Daniel Kahneman

No economic activity was more irrepressible [in the 14th century] than the investment and lending at interest of money; it was the basis for…

— Barbara Tuchman

We have always known that heedless self-interest was bad morals; we know now that it is bad economics. Out of the collapse of a…

— Franklin D. Roosevelt

Many bought into the idea that America could go from a technology-based, export-oriented powerhouse to a services-led, consumption-based economy - and somehow still expect…

— Jeffrey R. Immelt

I think in part the reason is that seeing an economy that is, in many ways, quite different from the one grows up in,…

— Joseph Stiglitz

“Why did so many smart people believe these laissez-fairey tales? It’s a good question. Some of the blame surely goes to the excessive faith…

— Alan S. Blinder

Ingeniously, capitalism discovered that the economy may be moved not by satisfying existing needs, but by creating new ones.

— Zygmunt Bauman

All the evils, abuses, and iniquities, popularly ascribed to businessmen and to capitalism, were not caused by an unregulated economy or by a free…

— Ayn Rand