418 quotes found
“That’s because they don’t know,’ said Tyburn. ‘It’s like economics. Everybody’s got a theory, and some people make it their religion.”
“A fool believes that the society of the future will transcend the laws of economics. A person of reason hopes that it will finally learn to respect them.”
“Today, reports of the day’s events are conveyed to the viewing public by way of alternate universes, The Fox News cable channel conveys its version of reality, while at the other end of the ideolog...”
“So what’s your alternative?” people say, as if that’s logic. We don’t have to have an alternative, that’s not how critique works. We may do, and if we do, you’re welcome, but if we don’t that no mo...”
“Have you ever witnessed the anger of the good shopkeeper, James Goodfellow, when his careless son has happened to break a pane of glass? If you have been present at such a scene, you will most assu...”
“That's a large part of what economics is - people arbitrarily, or as a matter of taste, assigning numerical values to non-numerical things. And then pretending that they haven't just made the numbe...”
“But the economy's out of control. Money just doesn't need human beings anymore. Most of us only get in the way.”
“The only inexplicable aspect of the process was that economic theory (which is, after all, what economics students were supposed to know) served almost no function in an investment bank. The banker...”
“Their job as leader was not to solve the problem – the president really has little control over the economy – but to convince the public not only that he has a plan but that he is altogether confid...”
“The markets in the long run are no doubt driven by fundamental economic laws—if the United States runs a persistent trade deficit, the dollar will eventually plummet—but in the short run money flow...”
“The bubble logic driving tulipomania has since acquired a name: “the greater fool theory.” Although by any conventional measure it is folly to pay thousands for a tulip bulb (or for that matter an ...”
“Much else than liberalization has happened in the nineties (in India)”
“All of us—employers, parents, schools, government agencies, and interns themselves—are complicit in the devaluing of work, the exacerbation of social inequality, and the disillusionment of young pe...”
“As if it were Injustice to sell dearer than we buy; or to give more to a man than he merits. The value of all things contracted for, is measured by the Appetite of the Contractors: and therefore th...”
“...The reason why we’re strippers, is invariably more boring, more grounded in nonexistential needs like money—and pragmatic concerns, like money.”
“All love is socioeconomic. It’s the gradients in status that make arousal possible.”
“the euro, it seems, is stuck in a political no man's land – trapped between two opposing world views. And the battleground is not economics, but ethics.”
“Every time you spend money, you're casting a vote for the kind of world you want.”