Inflation is always and everywhere a monetary phenomenon.
I'd like the reader to decide if he is willing to pay minute sums for content. I'd like the economics of web to be controlled between authors and readers, not advertiser.
Experimentation has been the key factor in the success of Western capitalism
Big-government economics breeds crony capitalism. It's corrupt, anything but neutral, and a barrier to broad participation in prosperity.
In a world in which the price of calculation continues to decrease rapidly, but the price of theorem proving continues to hold steady or increase, elementary economics indicates that we ought to spend a larger and larger fraction of our time on calculation.
My job was to teach the whole corpus of economic theory, but there were two subjects in which I was especially interested, namely, the economics of mass unemployment and international economics.
Economy, the poor man's mint.
[Wise men] have tried to understand our state of being, by grasping at its stars, or its arts, or its economics. But, if there is an underlying oneness of all things, it does not matter where we begin, whether with stars, or laws of supply and demand, or frogs, or Napoleon Bonaparte. One measures a circle, beginning anywhere.
In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability.
Bankruptcy and repudiation are the springboards from which much of our civilization vaults and turns its somersets, but the savagestands on the unelastic plank of famine.
My folks are economists and have taught economics and social science so I grew up with those kind of conversations around the dinner table.
An emerging market is a country where politics matters at least as much as economics to the market.
Economics, politics, and personalities are often inseparable.
Conservatism must be based on allowing everyone to become an owner - equity for everyman.
Conservatives have a deeper intellect and tend to have occupations of the brain in fields like engineering, science, and economics. Liberals, on the other hand, tend to flock to occupations of the heart.
No one is entertained by economics.
Economics is on the side of humanity now.
Yes, there's genetics. Yes, there are chromosomes. Yes, there's biology. Yes, there are environment, sociology, parenting, economics, class, and all of that. But there is something else, as well.
The only thing worse than being exploited by capitalism is not being exploited by capitalism.
Economics spreads happiness.