Look, America is no more a democracy than Russia is a Communist state. The governments of the U.S. and Russia are practically the same. There’s only a difference of degree. We both have the same...

… a intervenção é um fenómeno historicamente permanente; sempre existiram formas de intervenção na economia por parte do Estado. O que tem variado é a intensidade e as modalidades dessa intervenção.

They ask – “How much money is too much money?”The answer always is – “A little more!

Americans were happy to celebrate their super-rich and, at least sometimes, worry about their poor. But putting those two conversations together and talking about economic inequality was pretty much taboo.

Have you ever witnessed the anger of the good shopkeeper, James Goodfellow, when his careless son has happened to break a pane of glass? If you have been present at such a scene, you will...

It is one of the saddest spectacles of our time to see a great democratic movement support a policy which must lead to the destruction of democracy and which meanwhile can benefit only a minority...

For every dollar that is spent on the (boondoggle) bridge a dollar will be taken away from taxpayers. If the bridge costs $1,000,000 the taxpayers will lose $1,000, 000. They will have that much taken...

Be they pharaohs or freeholders, barons or farmers, landowners have been the most capable, most intrepid, and most assertive members of civilized society.

Veblen called it the price-system. Mills called it the Power Elite. It’s probably no more than ninety-nine people who don’t know what they are doing. They’re involved in high finance. Fascinating form of gambling.

But there is merit even in the mentally retarded legislator. He asks the questions that everyone is afraid to ask for fear of seeming simple.

That economics has a considerable conceptual apparatus with an appropriate terminology can not be a serious ground for complaint. Economic phenomena, ideas, instruments of analysis exist. They require names. Education in economics is, in considerable...

Growing economies are built by billions of actors behaving according to their own interests, coordinated through institutions that no one in particular created.Realizing this requires humility, a trait that is in short supply among would-be...

There is not the slightest analogy between playing games and the conduct of business within a market society. The card player wins money by outsmarting his antagonist. The businessman makes money by supplying customers with...

Das Spiel ist der Inbegriff demokratischer Lebensart. Es ist die letzt uns verbliebene Seinsform. Der Spieltrieb ersetzt die Religiosität, beherrscht die Börse, die Politik, die Gerichtssäle, die Pressewelt, und er ist es, der uns seit...

Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and debt crises with debt spending

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What, then, should you do? With an excellent hand, you should bet: You lose nothing if your opponent folds, while giving yourself a good chance of winning a big pot if he calls. But with...

The 9/11 Commission warned that Al Qaeda “could… scheme to wield weapons of unprecedented destructive power in the largest cities of the United States.” Future attacks could impose enormous costs on the entire economy. Having...

…there were certain chapters when I stopped writing, saw the domestic situation I was in and thought, “I don’t want to face this world, let’s get back to the hellish one I’m imagining.

Apart from the economic value, money does have high moral value.

When we must pay the true price for the depletion of nature’s gifts, materials will become more precious to us, and economic logic will reinforce, and not contradict, our heart’s desire to treat the world...

Knowledge is the best economy we can have.

IMF is really designed to protect creditors not debtors.

The problem with gross domestic product is the gross bit. There are no deductions involved: all economic activity is accounted as if it were of positive value. Social harm is added to, not subtracted from,...

Jacksonville has a rich history, full of poverty, plight, and poor economic decisions. If you follow the phrase “Follow the money” literally, you’d have left town decades ago.

The great weakness of the West is that it has nothing with which to inspire loyalty except wealth. But what is wealth? Another washing machine, a bigger car, a nicer house to live in? Not...

Let us remember that the automatic machine is the precise economic equivalent of slave labor. Any labor which competes with slave labor must accept the economic consequences of slave labor.

What I did not know yet about hunger, but would find out over the next twenty-one years, was that brilliant theorists of economics do not find it worthwhile to spend time discussing issues of poverty...

It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a ‘dismal science.’ But it is totally irresponsible to have a...

ideological superstructure” of capitalism is a literature of decay and degradation, the burlesque show and the art of striptease, the Hollywood pictures and the detective stories.

The communists may not have done very well in the end, but I can’t help thinking of capitalism as merely the go-to religion of the greedy and selfish.

As technology accumulates and people in more parts of the planet become interdependent, the hatred between them tends to decrease, for the simple reason that you can’t kill someone and trade with him too.

Everyone may be called “comrade,” but some comrades have the power of life and death over other comrades.

Remember, aid cannot achieve the end of poverty. Only homegrown development base on the dynamism of individuals and firms in free markets can do that.

Europe, it is true, is a geographical and, within certain limits, an historical cultural conception. But the idea of Europe as an economic unit contradicts capitalist development in two ways. First of all there exist...

Rand had changed a number of laws in Tear, especially those that weighed heavily on the poor, but he had been unable to change everything. He had not even known how to begin. Lews Therin...

The working class had imposed upon them a sterile and authoritarian educational system which mirrored the ethos of the corporate workplace.

To attempt to increase the wealth of any country, either by introducing or by detaining in it an unnecessary quantity of gold and silver, is as absurd as it would be to attempt to increase...

If there are still honest-smart men and women within those old and noble traditions, they should think carefully, observe and diagnose the illness. They should face the contradiction. Discuss the conflation. And then do as...

The life of man is so short that ordinary people simply cannot afford to be born

The main cause of the ineffectiveness of British propaganda is that those directing it seem to have lost their own belief in the peculiar values of English civilization or to be completely ignorant of the...

Modern prophets say that our economics have failed us. No! It is not our economics which have failed; it is man who has failed-man who has forgotten God. Hence no manner of economic or political...

After the collapse of socialism, capitalism remained without a rival. This unusual situation unleashed its greedy and – above all – its suicidal power. The belief is now that everything – and everyone – is...

For guns and ammunition,” says I.

In my considered opinion, salary is payment for goods delivered and it must conform to the law of supply and demand. If, therefore, the fixed salary is a violation of this law – as, for...

For example, the supporters of tariffs treat it as self-evident that the creation of jobs is a desirable end, in and of itself, regardless of what the persons employed do. That is clearly wrong. If...

too” rich, and benefiting the rest—the majority—of the people, they cannotoppose any tenable argument to those who are asking for more of this allegedlybeneficial policy. As long as any degree of inequality is left, there...

Practical men who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist.

Sustainability is best illustrated by those who sell food … just so they afford something to eat.

true Self Love and Social are the same.” While this is the foundation of liberal capitalism, Marx’s dialectical materialism is not different in its selection of the economy as the prime mover. In this way...