January is always a good month for behavioral economics: Few things illustrate self-control as vividly as New Year's resolutions. February is even better, though, because it lets us study why so many of those resolutions are broken.
Any religion that professes to be concerned about the souls of men and is not concerned about the slums that damn them, the economic conditions that strangle them and the social conditions that cripple them is a spiritually moribund religion awaiting burial.
Communism forgets that life is individual. Capitalism forgets that life is social, and the kingdom of brotherhood is found neither in the thesis of communism nor the antithesis of capitalism but in a higher synthesis. It is found in a higher synthesis that combines the truths of both.
I don't think most of Congress understands how economics works.
I, however, place economy among the first and most important republican virtues, and public debt as the greatest of the dangers to be feared.
We are endeavoring, too, to reduce the government to the practice of a rigorous economy, to avoid burdening the people, and arming the magistrate with patronage of money, which might be used to corrupt and undermine the principles of our government
A nation is not in danger of financial disaster merely because it owes itself money.
Ask five economists and you'll get five different explanations six if one went to Harvard.
An economist's guess is liable to be as good as anybody else s.
If all the economists were laid end to end, they would not reach a conclusion.
I am indeed rich, since my income is superior to my expenses, and my expense is equal to my wishes.
If there are still honest-smart men and women within those old and noble traditions, they should think carefully, observe and diagnose the illness. They should face the contradiction. Discuss the conflation. And then do as Warren Buffett and Bill Gates and many others have done. Choose the miracle of creative competition over an idolatry of cash.They should stand up..
Life is like a curve, horizontally or vertically, we are at origin point
Sometime I'm going to do an essay called 'The Virtues of Amateurism' for all of those people who wish they earned their living in the arts. The market kills more artistic people than anything else. It's a world of safety out there, for most people. They want safety, the magazines and manufacturers give them safety, give them homogeneity, give them the familiar and comfortable, don't challenge them.
Complexity is not an aesthetic criterion. It is a quality associated only with division and organization of labor.
The curious mind embraces science; the gifted and sensitive, the arts; the practical, business; the leftover becomes an economist
How beautiful can life be? We hardly dare imagine it.
Economics and politics are the governing powers of life today, and that's why everything is so screwy.
I applied for your love like a recent MBA grad might apply at Walmart today. I grew a beard on my chest and laughed through my ass just to get your attention.
Commerce flourishes by circumstances, precarious, transitory, contingent, almost as the winds and waves that bring it to our shores.
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