Basic Quote by Joseph Stiglitz Download Open image “Letting bygones be bygones is a basic principle in economics.” — Joseph Stiglitz ★ ★ ★ ★ ★ 5.0 out of 5 (3 ratings) Copy quoteShare Basic Economics Letting Principle
Labour once spent has no influence on the future value of any article; it isgone and lost for ever. In commerce bygones are forever… — William Stanley Jevons Copy Share Image
The most basic law of economics?that one cannot get something for nothing. — Sir Henry Roy Forbes Harrod Copy Share Image
“science of economics should focus on the best use of scarce means to satisfy social ends.” — Daron Acemoğlu Copy Share Image
Either this is logical and true, or else the principles on which economic science is based are invalid. — Gustave de Molinari Copy Share Image
Spread the truth-the laws of economics are like the laws of engineering. One set of laws works everywhere. — Lawrence Summers Copy Share Image
At least half of the popular fallacies about economics come from assuming that economic activity is a zero-sum game, in which what is gained… — Thomas Sowell Copy Share Image
“The core premise of economic theory is that people choose by optimizing.” — Richard H. Thaler Copy Share Image
It is the business of economists, not to tell us what to do, but show why what we are doing anyway is in accord… — Joan Robinson Copy Share Image
The true law of economics is chance, and we learned people arbitrarily seize on a few moments and establish them as laws. — Karl Marx Copy Share Image
I grew up in a family in which political issues were often discussed, and debated intensely. — Joseph Stiglitz Copy Share Image
But individuals and firms spend an enormous amount of resources acquiring information, which affects their beliefs; and actions of others too affect their beliefs. — Joseph Stiglitz Copy Share Image
China, with its large emerging middle class, is among the big beneficiaries of globalization. — Joseph Stiglitz Copy Share Image
Trickle-down economics is a myth. Enriching corporations - as the TPP would - will not necessarily help those in the middle, let alone those… — Joseph Stiglitz Copy Share Image
Some people say we have this inequality because some people have been contributing much more to our society, and so it's fair that they… — Joseph Stiglitz Copy Share Image
It's actually a tribute to the quality of economics teaching that they have persuaded so many generations of students to believe in so much… — Joseph Stiglitz Copy Share Image
In an economy, when the government spends more and invests in the economy, that money circulates, and recirculates again and again. So not only… — Joseph Stiglitz Copy Share Image
The laws of normal economics dictate that lower taxes combined with increased spending will lead to bigger deficits. — Joseph Stiglitz Copy Share Image
As I noted in my Nobel lecture, an early insight in my work on the economics of information concerned the problem of appropriability -… — Joseph Stiglitz Copy Share Image
We noted the psychological problems facing many of the returning from Iraq veterans - of the 700,000 returning veterans, more than a 100,000 have… — Joseph Stiglitz Copy Share Image
World War II was really unusual, because America was in the Great Depression before. So the war did help the US economy to get… — Joseph Stiglitz Copy Share Image
It turns out that this part of the brain is one of the first areas that's attacked by Alzheimer's disease. So we can now… — John O'Keefe Copy Share Image
The most successful cultural diplomacy strategy integrates people-to-people or arts/culture/media-to-people interactions into the basic business of diplomacy. The programs in Afghanistan, Egypt, and Iran… — Cynthia P. Schneider Copy Share Image
I'm not very interested in people. I recognize it in myself - there is a basic indifference toward people. — Joan Didion Copy Share Image
Once I get out onstage, it's the same sort of basic production that it is anywhere else. But I might be a little bit… — Phoebe Snow Copy Share Image
I firmly believe that if members of Congress fail to perform their most basic duty in passing a budget, then they do not deserve… — Kurt Schrader Copy Share Image
Conservatism is about the basic rights of individuals. God created us. As far as the government goes, the Founding Fathers based the Constitution off… — Joe Wurzelbacher Copy Share Image
During three decades from 1947 to 1977, the nation implemented what might be called a basic bargain with American workers. Employers paid them enough… — Robert Reich Copy Share Image
With post offices and postal workers already on the ground, USPS could partner with banks to make a critical difference for millions of Americans… — Elizabeth Warren Copy Share Image
We hope that the elected officials will respond positively to a ground swell of letters, phone calls, e-mails and visits from parents. The law… — Anonymous Copy Share Image
Had Elizabeth Bennet known how wildly Darcy's heart beat for her, 'Pride and Prejudice' would barely have made it into a short story. Their… — Mariella Frostrup Copy Share Image
I think it's impossible to maintain a good, strong, muscular physique without taking some supplements. Between the protein shakes and the multivitamins that I… — Joseph Gatt Copy Share Image
The Icesave matter is complex and it is understandable that the issue has been oversimplified by many. Unfortunately some of the basic facts of… — Johanna Siguroardottir Copy Share Image