Explore Inspirational Quotes by Famous Authors and Popular Categories
Art is often valuable precisely because it
Art is often valuable precisely because it isn't a sensible way to make money.
The so-called skills gap is really a gap in
The so-called skills gap is really a gap in education, and that affects all of us.
Most rich countries have reported increases
Most rich countries have reported increases in happiness as they become richer.
The economics profession advances by one
The economics profession advances by one confusing financial disaster at a time.
The American dream always meant that anybody
The American dream always meant that anybody willing to put in a hard day's work could make a decent living. That's just not true anymore for people without at least some post-high school education.
When you cover the economy as a reporter,
When you cover the economy as a reporter, there's one part of the job that is always easy: finding economists who disagree.
The economy works best when better ideas win
The economy works best when better ideas win out over worse ideas, harder work wins out over less work, when it's a fair fight in the marketplace.
Economics is not a discipline that comes to
Economics is not a discipline that comes to correct answers - economies are too complex.
Whenever you hear news about jobless claims
Whenever you hear news about jobless claims or the unemployment rate, you should translate that in your mind to one simple phrase: Stay in school.
In poor countries, the rich and powerful
In poor countries, the rich and powerful crush the poor and powerless.
Happiness quantification sounds a bit wishy-
Happiness quantification sounds a bit wishy-washy, sure, and through a series of carefully administered surveys across the globe, economists and psychologists have certainly confronted a fair number of sticky issues around how to measure, and even define, happiness.
The idea of confidence, of the emotions of
The idea of confidence, of the emotions of the population, is an incredibly important one in economics. John Maynard Keynes called it 'animal spirit.' And if people are feeling generally good about the future, they're more likely to spend money, to start new companies; companies are more likely to hire people, make investments.
The America that I think most Americans would
The America that I think most Americans would want, most economists on the right or left would want, is one in which a smart, ambitious, hardworking person without a huge amount of resources has a pretty good shot, in the end, of beating out a less smart, less ambitious, less hardworking rich person.
We can fight over what the taxation levels
We can fight over what the taxation levels should be, but the tax system should be very, very simple and not distortionary.
Unlike physics, economists don't settle
Unlike physics, economists don't settle things. There seems to be plenty of room for different conclusions that are still accepted in the academy.
Lots of countries have great constitutions,
Lots of countries have great constitutions, but their leaders have a practice of ignoring the rules whenever they feel like it.