All Quotes By Tag: Economics
“None of this excuses anyone from mastering the basic ideas and terminology of economics. The intelligent layman must expect also to encounter good economists who are difficult writers even though some of the best have been very good writers. He should know, moreover, that at least for a few great men ambiguity of expression has been a positive asset. But with these exceptions he may safely conclude that what is wholly mysterious in economics is not likely to be important.”
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“Good writing, and this is especially important in a subject such as economics, must also involve the reader in the matter at hand. It is not enough to explain. The images that are in the mind of the writer must be made to reappear in the mind of the reader, and it is the absence of this ability that causes much economic writing to be condemned, quite properly, as abstract.”
“Risk is one of the qualities of any good decision. This is so because, decision itself is a risk. Therefore, making a decision literally means, taking a risk… In tracing the histories of successful men and women, the first thing to notice in their lives is risk.”
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“If you can survive and won the battle over other millions of semen deposited alongside with you in your mothers womb, tell me why you cannot win the battle over challenges, difficulties and poverty? Friend, I know you will succeed because; you’d once done it in the womb.”
“Just like how most if not all poor boys look up to and aspire to someday be rich men, most if not all underdeveloped and developing countries look up to and aspire to someday be developed countries.”
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“For their never-ending endeavours to obtain or retain wealth, countries desperately need companies, because they—unlike most human beings—have the means of production, and human beings, because they—unlike all companies—have the means of reproduction.”
“The world has a very serious problem, my friend’ Shiva went on. ‘Poor children still die by their millions. Westerners and the global rich — like me — live in post-scarcity society, while a billion people struggle to get enough to eat. And we’re pushing the planet towards a tipping point, where the corals die and the forests burn and life becomes much, much harder. We have the resources to solve those problems, even now, but politics and economics and nationalism all get in the way. If we could access all those minds, though…”
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“Christ represents originally: 1) men before God; 2) God for men; 3) men to man.Similarly, money represents originally, in accordance with the idea of money: 1) private property for private property; 2) society for private property; 3) private property for society.But Christ is alienated God and alienated man. God has value only insofar as he represents Christ, and man has value only insofar as he represents Christ. It is the same with money.”
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“…there were certain chapters when I stopped writing, saw the domestic situation I was in and thought, “I don’t want to face this world, let’s get back to the hellish one I’m imagining.”
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“One of the greatest pieces of economic wisdom is to know what you do not know.”
“Rejection is an opportunity for your selection.”
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“Equality in happiness is, in the first place, impossible.”
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“A progressive business advancement strategy enriches the businesses capacity to gain momentum in a hostile economy.”
“An item is only worth what someone is willing to pay for it”
“Saying that you are moral because you believe in a god is like saying you are an economist because you play monopoly.”