When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact. Read Summary
Economists treat economics as if it is a pure science divorced from the facts of life. The result of this false accountancy is a willful confusion under cover of which industry wreaks its havoc scot-free and ignores the environmental cost. Read Summary
Would you bet your paycheck on a weather forecast for tomorrow? If not, then why should this country bet billions on global warming predictions that have even less foundation? Read Summary
The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics. Read Summary
Capitalism knows only one color: that color is green; all else is necessarily subservient to it, hence, race, gender and ethnicity cannot be considered within it. Read Summary
The real minimum wage is zero. Read Summary
We've switched from a culture that was interested in manufacturing, economics, politics - trying to play a serious part in the world - to a culture that's really entertainment-based. Read Summary
I believe that economics is based on scarcity of markets. And it's possible to monetize your art without compromising the integrity of it for commerce. Read Summary
We shouldn't measure everything in terms of GDP figures or economics. There is something called quality of life. Read Summary
Inflation is the one form of taxation that can be imposed without legislation. Read Summary
Well first of all, tell me, is there some society you know of that doesn't run on greed? You think Russia doesn't run on greed? You think China doesn't run on greed? What is greed? Read Summary
There's no such thing as a free lunch. Read Summary
Inflation is taxation without legislation. Read Summary
Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another. Read Summary
The black market was a way of getting around government controls. It was a way of enabling the free market to work. It was a way of opening up, enabling people. Read Summary
Is it really true that political self-interest is nobler somehow than economic self-interest? Read Summary
The problem with socialism is that you eventually run out of other peoples' money. Read Summary
Political work is the life-blood of all economic work. Read Summary
We live in an age when it is cheaper to buy the rights to movies than to make them. Read Summary
The climate crisis is both the easiest and the hardest issue we have ever faced. The easiest because we know what we must do. We must stop the emissions of greenhouse gases. The hardest because our current economics are still totally dependent on burning fossil fuels, and thereby destroying ecosystems in order to create everlasting economic growth. Read Summary