Economics is clearly a vital area of prediction for people in politics.
Economics evolved as a more moral and more egalitarian approach to policy than prevailed in its surrounding milieu. Let’s cherish and extend that heritage. The real contributions of economics to human welfare might turn out to be very different from what most people – even most economists – expect.
Economics pretends to be a science. Its practitioners fill blackboards with equations and clog computers with data. But it is really a faith, or more accurately a set of overlapping and squabbling faiths, each with its own doctrines.
I had a degree in economics but also thought of myself as a musician.
There are two kinds of games in economics. One is the game where people use only legal moves. Then there is the true game, the one like real life, where the strategies and moves people make, some of them contain illegal gains.
While I am interested both in economics and in philosophy, the union of my interests in the two fields far exceeds their intersection.
I got politics and economics moving and then others took over.
I think we’re miserable partly because we have only one god, and that’s economics.
Basic Economics 101. It’s the most complicated simple subject there is.
Let’s be honest. The powers that be all of a sudden realize that there’s a lot of money to be made from the Latino market. It all comes down to economics. That’s what’s happening. So what! We’re in style. I mean, that’s silly, but I’m taking full advantage of that.
In the 1940s, economics started getting highly mathematical. It was basically because economists weren’t smart enough to write down models of real behavior that they started writing down models of highly rational behavior – and they kind of forgot about humans.
I joined Red Chillies entertainment right after I returned from the London School of Economics in 2007.
We shouldn’t measure everything in terms of GDP figures or economics. There is something called quality of life.
Tax rates aren’t everything with regard to incentives to work. I would probably work at a 100% tax rate next to a nude modeling studio. I’m joking, but you know what I’m saying. There’s a lot more to it than just tax rates. It’s economics that I do; I don’t do nude modeling studio economics. People do respond to taxes.
The Nobel Prize in Economics is an incredible recognition for the work that my students, colleagues and I have done over the years. We all worked hard, but we were also lucky that the financial applications were so important.
We believe that economics does not necessarily have to be a zero-sum game; it can be a win-win proposition for everyone involved so long as they have the tools in which to succeed.
At university level, I had an economics lecturer who used to joke that I was the only student who handed in essays on British Airways notepaper.
My background educationally is physics and economics, and I grew up in sort of an engineering environment – my father is an electromechanical engineer. And so there were lots of engineery things around me.
By isolating the issues of race, gender, sexual orientation, climate change, environment, governance, economics, catastrophe and whatever other problems the present embodies or the future may bring, science fiction can do what Dickens and Sinclair did: make real the consequences of social injustice or human folly.
I studied economics. I studied industrial engineering. It wasn’t until later, when I was around 26, that I really decided to go to film school.
Where there is politics or economics, there is no morality.
We make choices every single day of our lives and those choices mean we must give up something in exchange for another. In economics it’s called an ‘opportunity cost.’
The young people I teach now know they are being sold down the river before we even start studying the trends and numbers. That’s the toughest part of being a high school economics teacher… being a witness when our children realize that the greatest deficit of all is a deficit of leadership.
No one is entertained by economics.
Economics is half psychology and half Grade Three arithmetic, and the U.S. does not now have either half right.
Advertising is, actually, a simple phenomenon in terms of economics. It is merely a substitute for a personal sales force – an extension, if you will, of the merchant who cries aloud his wares.
All of the problems we’re facing with debt are manmade problems. We created them. It’s called fantasy economics. Fantasy economics only works in a fantasy world. It doesn’t work in reality.
Bearing in mind most companies rely on the middle classes in developed countries to sell goods and services throughout the value chain, dealing with inequality is a matter of brutal enlightened self-interest. It’s simple economics: Global stability equals global growth equals profits.
Maybe if you win a Nobel Prize in economics, you make a lot of money by giving talks… but not in my area.
When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.
For 30 years I’ve been schooled in everything from government, and economics, to medicine and international relations. But don’t be impressed. Someone once said being a general assignment reporter simply means you are equally ignorant about most everything. In other words, I know a little about a lot.
Don’t let anybody tell you it’s corporations and businesses create jobs. You know that old theory, ‘trickle-down economics.’ That has been tried, that has failed. It has failed rather spectacularly.
I don’t believe in trickle-down economics. I don’t think that people who have the most are inclined to share it, generally.
Everybody has to remember that economics is very tied to politics.
I believe that economics is based on scarcity of markets. And it’s possible to monetize your art without compromising the integrity of it for commerce.
My novels are about a generation of Americans who lived between 1940 and 2000, who resisted the postwar political and cultural forces by choosing a wandering life of impoverishment and wonder. Inevitably, race and economics are a big part of their stories. Childhood, childishness, and children are never far.
I went into the sciences very early on, but to me, economics pervades so much more of our lives and our existence.
The secret to the movie business, or any business, is to get a good education in a subject besides film – whether it’s history, psychology, economics, or architecture – so you have something to make a movie about. All the skill in the world isn’t going to help you unless you have something to say.
The completion of my undergraduate training at the University of California (Berkeley) provided just the needed touches of rigor at advanced levels in both economics and mathematics.
A number of bloggers in economics and the financial sector have risen to prominence through the sheer strength of their work. Note it was not their family connections nor ties to Ivy League schools or elite banks, but rather the strength of their research, analysis and writing.
The animals that depend on instinct have an inherent knowledge of the laws of economics and of how to apply them; Man, with his powers of reason, has reduced economics to the level of a farce which is at once funnier and more tragic than Tobacco Road.
I’ve always thought that good politics follows from good economics and good policies.
Let’s start with the euro. What on earth were we thinking? How could anyone with the faintest grasp of economics have believed it was anything other than sheer insanity to yoke together diverse national economies such as Greece, Ireland, Germany and Finland under a single exchange rate and a single interest rate?
Economics runs the world.
The basic idea that if you increase government spending or you cut people’s taxes that stimulates the economy and lowers the unemployment rate, is a very widely accepted idea. It’s in every economics textbook, that’s what we teach our undergraduates, and I certainly try to teach them the truth.
My parents are very proud that I was a ‘Blue Peter’ presenter and of me going to Cambridge to do economics.
There are certain economics involved in making a network TV show that you want to amortize the costs of that, so the more episodes you make, the cheaper they all are individually.
I went to school for economics, and especially in Asian culture it’s not really a viable job for my family to be an artist.
I may be a dreamer, but I think monetary economics should be a hot topic.
When I moved to Beijing in 2005 to write, I was accustomed to hearing the story of China’s transformation told in vast, sweeping strokes – involving one fifth of humanity and great pivots of politics and economics.
One of the most important things liberals don’t understand about conservatism, obscured by too much lazy talk about conservatism’s various ‘wings,’ is that its tenets form a relatively organic base for its adherents, where ‘traditional morality’ serves the interests of laissez-faire economics and vice-versa.
The Nobel Prize is not very important for the winners – they are usually pretty successful people already. But it is valuable as a way of drawing the public’s attention to important work in economics.
