People who dismiss the unemployed and dependent as ‘parasites’ fail to understand economics and parasitism. A successful parasite is one that is not recognized by its host, one that can make its host work for it without appearing as a burden. Suc...
I do not support raising the minimum wage, and the reason is as follows. When the minimum wage is raised, workers are priced out of the market. That is the economic reality that seems, at least so far, to be missing from this discussion.
There is only a certain amount of wealth in the world, this thinking goes. Economics is a matter of acquiring and allocating, not creating. This was the view of the world’s smartest people, all top philosophers and not stupid people, for many thous...
The economic piece is still missing, since it's so hard to attract industry to reservations, but spiritually and educationally, they're doing just fine. Each tribe has a community college now, and they teach the language, they teach the traditions.
Our people can draw on the tremendous strides made in recent years, not only in terms of advancing themselves spiritually and materially, but also in having weathered social and economic turbulence, triggered, in the main, by factors not of their own...
Laura Bush is the same way. I mean, they both, um, understand, they understand the challenges of the moment and understand the responsibilities, he understands the responsibilities he has to protect the national security of America as well as the eco...
A man is as old as his arteries and his interests. If he permits his economic, religious, or social arteries to harden, or loses interest in whatever concerns mankind... he will need only six feet of earth.
But the Spain which emerged around 1960, beginning with its economic miracle, created by the invasion of tourists, can no longer result in impassioned dedication on the part of its intellectuals, and even less on the part of foreign intellectuals.
Geography has made us neighbors. History has made us friends. Economics has made us partners. And necessity has made us allies. Those whom nature hath so joined together, let no man put asunder.
We have a responsibility as a state to protect our most vulnerable citizens: our children, seniors, people with disabilities. That is our moral obligation. But there is an economic justification too - we all pay when the basic needs of our citizens a...
From the early 1960s to the mid-1980s - the era of military dictatorship when South Korea was rebuilding itself from a postwar economic basket case to a humming, modern nation - military schools were the track of choice for ambitious young men.
Recently released government economic statistics covering 2010, the first year of real recovery from the financial collapse of 2008, found that fully 93 percent of additional income gains coming out of the recession went straight into the wallets and...
It's not trickle down economics. The problem that the president has is that he's rudderless on the economy. I mean, he doesn't quite know what to do. It's a wake-up on Monday and try to figure it out. It takes time to turn a supertanker, so you need ...
For some time, Scotland's greatest exports to England have included whisky and Scottish MPs. Or, in the case of Charles Kennedy, both. All these links, politically, economically, culturally, are part of my Union. Would Glasgow's brilliant Commonwealt...
Tyler Durden: It's getting exciting now, two and one-half. Think of everything we've accomplished, man. Out these windows, we will view the collapse of financial history. One step closer to economic equilibrium.
What a sound money system does is to stabilize all the elements in it, and reduces the uncertainty that people confront. And the one thing all human beings do when they are confronted with uncertainty is pull back, withdraw, disengage, and that means...
During the Cold War, the U.S. instituted a policy of sending money to governments in poor countries to buy their political loyalty. While studies show that sending aid to foreign governments creates allegiance, it does not lead to economic progress.
We need to shift from an economic organizing principle for human civilization, to a humanitarian organizing principle. Making money more important than your own children is a pathological way for an individual to run their affairs, and it's a patholo...
Most firms are hierarchical in nature, with everyone getting different slices of the economic pie. The problem is those slices are negotiated every time a firm raises a new fund, so in between funds, which is most of the time, the partners are trying...
That human beings seek their own well-being and that of those close to them is not an especially provocative discovery. What is important is that this universal aspect of human nature persists no matter what economic system is in place; it merely exp...
Now, in the space of a year, we've spent 450 percent more for power than we did the year before, and bought essentially the same amount of power. This year, that number's likely to go up. That can't go on forever and have us continue to be the econom...
