Economics Quotes
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In a business that's driven purely by economics, the fact that one or two unique shows happen to get on and reach a public for a brief time doesn't constitute a trend.
Plays are getting smaller and smaller, not because playwrights minds are shrinking but because of the economics.
Many of the people I know and that you know are very complex human beings, and it's not all about race. Everything isn't a question of race. Everything isn't a question of economics at the very base level.
I would have a poet able bodied, fond of talking, a reader of the newspapers, capable of pity and laughter, informed in economics, appreciative of women, involved in personal relationships, actively interested in politics, susceptible to physical impressions.
Psychology and economics are Stalin's favorable winds. He is also the party 'boss.' But he is, in addition, the Soviet Union's most striking personality.
Rogue economics is a sort of umbrella under which we find the criminal economy, the illegal economy, but also those gray areas, gray areas where there is not a proper regulation, where there is not legislation for the economy.
Seventy percent of the fish we eat is black market, fished in violation of international laws. Our ignorance makes us unwilling partners in crime. Rogue economics is turning the global market into our worst nightmare.
As consumers and as voters we can say 'no' to rogue economics and demand regulation.
The financial industry may not be synonymous with economics, but it does control a large enough sector of the global economy to sink us all, as was unnervingly demonstrated in 2008.
In economics, 'competitiveness' does not describe Barack Obama's insistence on not only being president of the U.S. but also beating his staff at bowling.
The economics of the security world are all horribly, horribly nasty and are largely based on fear, intimidation and blackmail.
Survival, in the cool economics of biology, means simply the persistence of one's own genes in the generations to follow.
Doing the same thing over and over again and expecting different results when, in fact, the results never change, is one definition of insanity. That goes for economics, too.
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.
Start with the idea that you can't repeal the laws of economics. Even if they are inconvenient.
I work on the boundary between economics and statistics in this field called econometrics. Part of my interest is understanding how you use statistics in productive ways to analyze dynamic economic models.
I view the work I've done related to statistics and economics as, roughly speaking, how to do something without having to do everything.
A lot of my colleagues have been people with broad interests in economics, not just narrowly focused interests.
Since scarcity is the basic economic problem, if it does not exist then there is no reason for my economics course. Devoting time to the study of how people use limited resources to fulfill unlimited wants and needs should help us to discover how to best utilize the resources we have at our disposal.
Discovering various economists, economic works, reading financial periodicals and keeping up on current events in geopolitics and economics around the world opened my eyes to many facets of how the extended order works.
Assess Bitcoins? All you can do is examine the trading patterns, which do not provide a real analysis of any underlying economic value. The economics of investments are not solely based on supply and demand, and that is all that goes into Bitcoin prices.
The shape and composition of the government is important. We haven't reached a point where politics and economics have been totally divorced from each other.
My A-levels were physics, chemistry and maths. Science is fascinating but I wouldn't say I have used it since then. I decided to do economics.
Economics is a good degree to have but the subject is very theoretical at Cambridge and I found it frustrating that you can't apply a lot of the models to particular circumstances.
I am proud to support the incredible economics department at the University of Chicago.
So many of the great thought leaders that have shaped economics - Gary Becker, Milton Friedman - what an unbelievable success story they've had in their field.
The major driver of economics is the equilibrium approach, which has taken various forms over the years. General equilibrium is the statement that all the different parts of the economy influence each other, even if it's remote, like mortgage-backed securities and their demands on automobiles.
There must have been something in the air of Gary that led one into economics: the first Nobel Prize winner, Paul Samuelson, was also from Gary, as were several other distinguished economists.
But while I loved all of these courses, there was an irresistible attraction of economics.
As I noted in my Nobel lecture, an early insight in my work on the economics of information concerned the problem of appropriability - the difficulty that those who pay for information have in getting returns.
The modern economics of the theater is such that we write plays with fewer and fewer characters.
Rising inequality is not a law of nature - it's not even a law of economics. It is a consequence of political and economic arrangements, and those arrangements can be changed.
Economics is extremely useful as a form of employment for economists.
Economics is a subject profoundly conducive to cliche, resonant with boredom. On few topics is an American audience so practiced in turning off its ears and minds. And none can say that the response is ill advised.
I don't think exactly like a professional economist. I think about economics and economic ideas, but somewhat like an outsider.
I think that, especially among conservatives, there's a clear understanding that there are three legs to the conservative stool. There are the free-market economics conservatives, the social conservatives, and the national-security conservatives.
The linear, single species idea of farming is an assault on ecological function. Something's going to break down in that system - anything from soil structure, in economics... but where to start is with true ecological function.
You can be taking two steps forward as an actor, but if a movie doesn't make money, you might as well be taking two steps backwards. It's all about economics.
At nineteen I was pretty sure I was going to be a professional soccer player. At that time I played for one of the Norwegian premier leagues. But I tore ligaments in both knees, so I started studying business administration and economics and became a financial analyst, and I worked at a brokerage firm as a stockbroker.
I joined the Lib Dem party at the Freshers' Fair at the London School of Economics.
I went to college as an economics major because that was the easiest major that could still please your Asian parents, and then, much to their dismay, I became a stand-up comedian.
The most powerful argument of all for saving open space is economics; in most states, tourism is the number two industry.
I have an economics degree with a minor in sociology. The reason I have that is because I want to do a ministry in urban areas and help with underprivileged kids.
There is no single theory that is used in economics that considers the finite nature of resources. It's shocking.
I've always been interested in the economics of reproduction, who gets what they want when it comes to childbearing and how these days, money is a tremendous advantage.
I love the gallery, the arena of representation. It's a commercial world, and morality is based generally around economics, and that's taking place in the art gallery.
I'm one of the top 2 or 3 or 4 most conservative members in the House of Representatives when it comes to economics.
At the time, my personal research objectives were to provide Keynesian economics with more rigorous foundations and to tighten and elaborate the logic of macroeconomic and monetary theory.
I studied economics and made it my career for two reasons. The subject was and is intellectually fascinating and challenging, particularly to someone with taste and talent for theoretical reasoning and quantitative analysis.
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.
My interest in economics has always been in the whole corpus of economic theory, the interrelationships between the various fields of theory and their relevance for the formulation of economic policy.
From 1931 to 1937, I was a Fellow and Lecturer in Economics at Hertford College, Oxford.
But my shift to the serious study of economics gradually weakened my belief in Major Douglas's A+B theorem, which was replaced in my thought by the expression MV = PT.
The eighteenth century discovery that, in an institutional framework that facilitates voluntary exchanges among individuals, this process generates results that might be evaluated positively, produced 'economics,' as an independent academic discipline or science.
I'm the result of upbringing, class, race, gender, social prejudices, and economics. So I'm a victim again. A result.
I think we're miserable partly because we have only one god, and that's economics.
The scientific study of labor economics provided the opportunity for me to unite theory with evidence my lifetime intellectual passion.
Even though I didn't get a business degree, I enjoyed learning about economics.
I started off thinking that maybe the social sciences ought to have the kinds of mathematics that the natural sciences had. That works a little bit in economics because they talk about costs, prices and quantities of goods.
The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.
It was never my intention to marry anybody. Economics are basically the only reason to get married, but I'm very glad I did it.
Journalism students need to understand it and need a solid background in the liberal arts, in sociology, economics, literature and language, because they won't get it later on.
The Sherman Act is similar in the economics sphere to the Bill of Rights in the personal sphere.
Economics should be defined in terms of what it is about. It should be about how people produce things, how people exchange them, how people earn income, how they pay taxes, how the government provides infrastructure with tax revenue, and how it conducts monetary policy. The subject has to be defined in terms of the object of inquiry.
But what I really believe is education is a key to pretty much everything - prosperity, economics, peace, stability.
Everybody has to remember that economics is very tied to politics.
I thought I might like to farm. But I didn't know the economics of it. Teachers basically steered me away from it.
I had become interested in economics, an interest that was transformed into a lifetime dedication when I met with the mathematical theory of general economic equilibrium.
I'd call it a new version of voodoo economics, but I'm afraid that would give witch doctors a bad name.
However, the economics of our business continued to deteriorate. We barely escaped bankruptcy a year ago, and in the aftermath of that escape we had to make some even tougher decisions.
Despite the painful changes we have had to make, we continue to believe in the St. Louis market. And we are hoping to add flights, in a careful way, as the economics of our business improve and the demands of the traveling public in St. Louis become clear.
The Chicago Economics Department was in intellectual ferment, although the central issues of the 1930's were very different from those in later times. I had never before encountered minds of that quality at close quarters and they influenced me strongly.
The whole intention of empirical economics is to force theory down to Earth.
Our economics are not baseball's economics. Our game is not baseball's game. Our owners are not baseball's owners, with one or two exceptions. Our union is not baseball's union. What we do has to be crafted and suited to address hockey, to address the NHL, to address our 30 teams and our 700-plus players.
However, I think the major opposition to ecology has deeper roots than mere economics; ecology threatens widely held values so fundamental that they must be called religious.
Economists agree about economics - and that's a science - and they disagree about economic policy because that's a value judgment... I've had profound disagreements on policy with the famous Milton Friedman. But, on economics, we agree.
My master's was in economics, and my Ph.D. was in philosophy, and I became a professor at USP. But after three years, I was invited to be secretary of finance for Sao Paulo mayor Marta Suplicy. They reached out to be because of my economics background.
The economics of baseball are the big problem. The big clubs make a lot of money and the little clubs don't.
Interestingly, human irrationality is a hot topic in economics at the moment. Behavioural economics it's called, on the cusp of economics and psychology.
Although being economics editor sounds impressive, it does not mean I actually edit anything. It mainly reflects two decades of title-inflation at the BBC, which has given ever more status to senior reporters, presumably because it is cheaper to do that than to offer higher pay.
But beginners to the World Economics Forum have to understand there is no single Davos experience, and there is no single Davos community either. There are numerous tribes who interact only at a minimal level.
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.
It doesn't take a degree in economics to know that something is wrong when it takes $30 or $40 to fill up the gas tank.
I don't go to the beach. There is no value in going to the beach. If I did go I would probably read economics books.
I think that the use of copyright is going to change dramatically. Part of it is economics. There is just going to be so much content out there - there's a scarcity of attention. Information consumes attention, and there's too much information.
I'm going to teach high school. History and economics. I may even coach wrestling. Hey, Indiana Jones taught school, too.
When goods are digital, they can be replicated with perfect quality at nearly zero cost, and they can be delivered almost instantaneously. Welcome to the economics of abundance.
The differences between Rand Paul and millennials are vast - not just on economics, but on social issues that matter to young people, too.
Google was founded to get information to everybody. A by-product of that strategy is that we invented an advertising business which has provided great economics that allows us to build the servers, hire the employees, create value.
I entered economics because of a course I took on 'information economics,' which I found fascinating.
I think I have met nearly all the Laureates in Economics. Among the few I haven't met, I suppose I'd most like to meet Ronald Coase because of his legendary power to persuade his colleagues of the validity of the Coase Theorem.
Perhaps one day earthquakes, hurricanes and financial crashes will all be predictable. But we don't have to wait until then for seismology, meteorology and economics to become sciences; they already are.
Economists create their own worlds. We're like little gods with our artificial economics, wanting to see what happens.
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