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Economics is a study of cause-and-effect relationships in an economy. It's purpose is to discern the consequences of various ways of allocating resources which have alternative uses. It has nothing to say about philosophy or values, anymore than it has to say about music or literature.
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socialism
politcal-pandering
economy
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Thomas Sowell |
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Cheap booze is a false economy.
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wisdom
economy
value
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Christopher Hitchens |
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Congress shall make no law abridging the freedom of production and trade...
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sex
wealth
slavery
freedom
reason
life
love
philosophy
causality
individual-rights
objective-law
volition
pursuit-of-happiness
commerce
jobs
usa
economy
rock-and-roll
crisis
economics
law
regulation
force
liberty
society
political-philosophy
constitution
government
atheism
capitalism
tyranny
trade
drugs
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Ayn Rand |
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Do you understand economics? I mean big-time, prewar, global capitalism. Do you get how it worked? I don't, and anyone who says they do is full of shit.
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war
economy
economics
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Max Brooks |
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It was the American middle class. No one's house cost more than two or three year's salary, and I doubt the spread in annual wages (except for the osteopath) exceeded more than five thousand dollars. And other than the doctor (who made house calls), the store managers, the minister, the salesman, and the banker, everyone belonged to a union. That meant they worked a forty-hour week, had the entire weekend off (plus two to four weeks' paid vacation in the summer), comprehensive medical benefits, and job security. In return for all that, the country became the most productive in the world and in our little neighborhood it meant your furnace was always working, your kids could be dropped off at the neighbors without notice, you could run next door anytime to borrow a half-dozen eggs, and the doors to all the homes were never locked -- because who would need to steal anything if they already had all that they needed?
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economy
income
quality-of-life
wages
housing
economics
crime
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Michael Francis Moore |
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She planted that terror of debt so deeply in her children that even now, in a changed economic pattern where indebtedness is a part of living, I become restless when a bill is two days overdue. Olive never accepted the time-payment plan when it became popular. A thing bought on time was a thing you did not own and for which you were in debt. She saved for things she wanted, and this meant that the neighbours had new gadgets as much as two years before we did.
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money
spending
credit
economy
saving
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John Steinbeck |
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Any factor that breeds polarization will worsen policy, and thus cause lower growth.
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politics
economy
growth
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William Easterly |
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"Waaant equity," hisses the alien intruder. "You can't be Pamela Macx," says Pierre, his back to the wall, keeping the sword point before the lobster-woman-thing. "She's in a nunnery in Armenia or something. You pulled that out of Glashwiecz's memories - he worked for her, didn't he?" Claws go snicker-snack before his face. "Investment partnership!" screeches the harridan. "Seat on the board! Eat brains for breakfast!" It lurches sideways, trying to get past his guard."
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zero-sum-game
economy
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Charles Stross |
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"Claiming "the budget can't allow it" reminds me of when you walk into a restaurant at a civilized hour like ten o'clock and they say "the kitchen is closed." For years I would hear this, and think, "damn, just a little too late, oh well, thank you, I guess it's Denny's again." And then one day it hit me: kitchens don't . Just as at home, at a certain point in the night, I stop the kitchen--but at three in the morning, if I want to, I still have the ability to go downstairs and "re-open" the kitchen by turning on the stove and opening the refrigerator! Restaurants are not banks; at the stroke of ten an enormous airlock doesn't seal off the kitchen and render the preparation of food an utter ./ No, kitchens can open and budgets are what certain people say they are."
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humor
budget
budget-cuts
budgeting
analogy
economy
possible
impossible
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Bill Maher |
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Los psicologos de finales de los anos cuarenta habian detectado, o afirmaban haber detectado, que la mente tenia la capacidad para defenderse de lo que en apariencia no queria percibir.
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economía
racionalidad-acotada
economy
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Michael Lewis |
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There were no weapons of mass destruction. And we bombed them anyway. And, by the way he's destroyed the economy. He's squandered something in the neighborhood of a trillion dollars. It seems impossible to Tyler that that might not matter. It drives him insane.
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war
politics
w
weapons-of-mass-destruction
election
bush
economy
george-w-bush
president
insanity
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Michael Cunningham |