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.
The WTO has one of the most impressive records in global economic governance, by promoting trade liberalisation and economic development.
The Commonwealth of Kentucky has a judicial system, and this system needs a lot of repair. Therefore, there is no need for Kentucky to start building another judicial system within the system, that we already have.
We are losing our living systems, social systems, cultural systems, governing systems, stability, and our constitutional health, and we're surrendering it all at the same time.
[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.
Globalization is a fact of economic life.
He could not blame the Army, Angelo could blame the Army; Angelo hated the Army. But he didnt hate the Army, not even now. He remembered what Maureen had told him once that it was the system that was at fault. But he could not even blame the system, ...
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.
As economic globalization gathers momentum, China and the United States have become highly interdependent economically. Such economic relations would not enjoy sustained, rapid growth if they were not based on mutual benefit or if they failed to deli...
Education is the best economic policy there is.
My father thought, and now I think too, that the system of democracy is entirely based upon the system of justice. If we do not have a system of justice that people believe in, the system of democracy will fail.
Any intelligent fool can make things bigger, more complex, and more violent. It takes a touch of genius — and a lot of courage — to move in the opposite direction.
need is not demand. Effective economic demand requires not merely need but corresponding purchasing power.
Social economic problems do not exist everywhere that an economic event plays a role as cause or effect - since problems arise only where the significance of those factors is problematical and can be precisely determined only through the application ...
We need to revise our economic thinking to give full value to our natural resources. This revised economics will stabilize both the theory and the practice of free-market capitalism. It will provide business and public policy with a powerful new tool...
Today's Republican Party...is an insurgent outlier. It has become ideologically extreme; contemptuous of the inherited social and economic policy regime; scornful of compromise; unpersuaded by conventional understanding of facts, evidence, and scienc...
