Making loans and fighting poverty are normally two of the least glamorous pursuits around, but put the two together and you have an economic innovation that has become not just popular but downright chic. The innovation - microfinance - involves maki...
In a perfect world what poor countries at the lowest rungs of economic development need is not a multi-party democracy, but in fact a decisive benevolent dictator to push through the reforms required to get the economy moving
An important ethical function of identity politics, in this context, is to highlight that obstacles to the self-development of individuals, and to the formation and exercise of their agency, emerge in complex cultural and psychic forms, as well as th...
It is economic power that determines political power, and governments become the political functionaries of economic power.
Globalization presumes sustained economic growth. Otherwise, the process loses its economic benefits and political support.
Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be healed by the action of the cells of the economic body - the producers and consumers themselves.
The fallacy that dynamic processes must be modeled as if the system is in continuous equilibrium is probably the most important reason for the intellectual failure of neoclassical economics. Mathematics, science and engineering developed tools long a...
Without education, we are weaker economically. Without economic power, we are weaker in terms of national security. No great military power has ever remained so without great economic power.
Interestingly, human irrationality is a hot topic in economics at the moment. Behavioural economics it's called, on the cusp of economics and psychology.
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.
By making our defenseless planet the ultimate beneficiary of our economic activity, we align our values with a different set of motivations. When we begin to see life as an interdependent mesh, we place the survival of the human species on equal foot...
[Economics] is all about observing the world with genuine curiosity and admitting that it is full of mysteries
Booming cities, and the provinces and states in which they are located, are driving forces in economic growth today. Consequently, they constitute the new frontier in America's international economic policy.
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.
It is possible that, post-Kyoto, the developed countries will recognise the requirements of the developing world.
Every period of human development has had its own particular type of human conflict---its own variety of problem that, apparently, could be settled only by force. And each time, frustratingly enough, force never really settled the problem. Instead, i...
[T]he strongest defense of the humanities lies not in the appeal to their utility — that literature majors may find good jobs, that theaters may economically revitalize neighborhoods — but rather in the appeal to their defiantly nonutilitarian ch...
Globalization is a fact of economic life.
Developed countries and advanced developing countries must open their markets for products from the developing world, and support in developing their export and import capacity.
A market economy is to economics what democracy is to government: a decent, if flawed, choice among many bad alternatives.
President Reagan, Jack Kemp and other advocates of supply-side economics understood that pro-growth tax, spending and economic policies were essential to America's long-term economic and fiscal health.
