Neoclassical economics insists that advertising cannot force consumers to buy anything they don't already want to buy.
Economically, unfair trade will benefit nobody in the long run, as poorer countries will be bled totally dry and will become unable to produce anything.
Something is clearly wrong with Kansas and the rest of Middle America when it comes to letting economic self-interest guide their voting.
There are cultural reasons, economic competitiveness reasons. There are a lot of reasons why people are in poverty. The difference today is that increasingly they are in perpetual poverty.
Because countries often have differing political and economic systems, agreements are needed to protect those invested in trade.
Narrative drives most of economics. Everything seems to be part of a story, and how that story is told often leads to critical error.
Economics is half psychology and half Grade Three arithmetic, and the U.S. does not now have either half right.
Humanity today possesses sufficient economic, cultural and spiritual resources to introduce a better global order.
We are at crisis point. I think anybody that sees this nation as being on stable economic or fiscal ground is fooling themselves.
Obama's explanation for the slowdown in economic growth is that the public sector is hurting, and that's where Washington must step in and act.
Better educated or financially comfortable people often smile more than less educated or economically distressed people.
I'm a Ph.D. in economics, and so you analyze every situation uniquely because every international situation is unique.
My mother was an economics professor. I'm proficient in math, and statistics, game theory, symbolic logic and all of that.
The one big strategic error - which was a political error and an economic error of grand proportions - was the prescription drug bill.
The professional study of economics has become ideological brainwashing. It is a defense of the excesses of the capitalist system.
Few can believe that suffering, especially by others, is in vain. Anything that is disagreeable must surely have beneficial economic effects.
I'm one of the top 2 or 3 or 4 most conservative members in the House of Representatives when it comes to economics.
I have always thought that the rapid economic development of South Africa would in the long run prove to be incompatible with the government's racial policies, and recent events have tended to confirm my opinion.
I went to Saudi Arabia in 2010, and spent most of my time in Jeddah and the King Abdullah Economic City.
The economic and social problems would tend to become, like the military situation, more and more difficult as time went on and we became more and more isolated.
But, at the same time, I think that there is room for economic stimulus in terms of accelerated depreciation to encourage businesses to invest and to grow and ultimately to hire more people again.
