It's actually a tribute to the quality of economics teaching that they have persuaded so many generations of students to believe in so much that seems so counter to what the world is like. Many of the things that I'm going to describe make so much more common sense than these notions that seem counter to what ones eyes see every day.
--
"Nobel Prize Lecture" Information and the Change in the Paradigm in Economics, at Aula Magna, Stockholm University, (2001-12-08)Joseph E. Stiglitz
» Joseph E. Stiglitz - all quotes »
You could say that GDP (National Income) and prosperity and wealth grows fastest when income tax rates are highest. And wealth slows, the economy slows, when taxes are cut. That's counter intuitive but if you look at any chart comparing tax rates and economic growth rates that's what you find. The 19th century knew it, the 18th century knew it but today you have a kind of counter revolution of junk economics that is basically anti-labor economics. - January 1, 2011
Michael (economist) Hudson
Forgiveness doesn't mean forget what happened. … If something is serious and it is necessary to take counter-measures, you have to take counter-measures.
Dalai Lama
Forgiveness doesn't mean forget what happened. … If something is serious and it is necessary to take counter-measures, you have to take counter-measures.
Tenzin Gyatso (14th Dalai Lama)
Maybe it’s counter to your philosophy--as it is to mine--to want to sell people things they don’t need, that will end up in landfills. Maybe you would actually like to make money off of creating art--which is your job. Maybe you don’t want to be in the advertising business.
Jessica Mae Stover
As a human being, bin Laden may have deserved compassion and even forgiveness, the Dalai Lama said in answer to a question about the assassination of the al-Qaeda leader. But, he said, "Forgiveness doesn't mean forget what happened. ... If something is serious and it is necessary to take counter-measures, you have to take counter-measures."
Osama bin Laden
Stiglitz, Joseph E.
Stiles, Julia
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z