This is the fly in the ointment of free-market capitalism. It cannot ensure that profits are gained in a fair way, or distributed in a fair manner. On the contrary, the craving to increase profits...

You will miss a normal life while living a successful life, but not as much as the craving for a successful life while you were living a normal life.

This book is an essay in what is derogatorily called “literary economics,” as opposed to mathematical economics, econometrics, or (embracing them both) the “new economic history.” A man does what he can, and in the...

Now, quite apart from the fact that, from the point of view of the Earther, socialism suffers the devastating liability of only exhibiting internal contradictions when you are trying to use it as an adjunct...

This is a great trap of the twentieth century: on one side is the logic of the market, where we like to imagine we all start out as individuals who don’t owe each other anything....

The Palestinian territories are passing now through a suffocating economic crisis and that there is a bad need of supporting the Palestinian economy by all the countries of the world and to exert pressure on...

invest” my money.

Rivera’s admiration for Stalin was equaled only by his admiration for Henry Ford. By the 1920s and ‘30s, nearly every industrial country in Europe and Latin America, as well as the Soviet Union, had adopted...

Economic development is something much wider and deeper than economics, let alone econometrics. Its roots lie outside the economic sphere, in education, organisation, discipline and, beyond that, in political independence and a national consciousness of...

Then the shit hit the fan.

Where there is commerce there is peace.

The desire for an increase of wealth can be satisfied through exchange, which is the only method possible in a capitalist economy, or by violence and petition as in a militarist society, where the strong...

One the one hand, our economists treat human beings as rational actors making choices to maximize their own economic benefit. On the other hand, the same companies that hire those economists also pay for advertising...

It has been more profitable for us to bind together in the wrong direction than to be alone in the right one. Those who have followed the assertive idiot rather than the introspective wise person...

It is certainly true that imitation is everywhere, from sport to business, from dancing to dressing, from driving to singing. In fact, imitation is at the heart of competitive behavior and of almost any kind...

What we are dealing with here is another version of the Lacanian ‘il n’y a pas de rapport …’: if, for Lacan, there is no sexual relationship, then, for Marxism proper, there is no relationship...

The fact that the United States has political, economic, and legal structures that do indeed create incentives to control hazards (in the workplace) is one the reasons the corporations have moved to Latin America and...

Income inequality has no necessary connection with poverty, the lack of material resources for a decent life, such as adequate food, shelter, and clothing. A society with great income inequality may have no poor people,...

But the economy’s out of control. Money just doesn’t need human beings anymore. Most of us only get in the way.

In regards to the price of commodities, the rise of wages operates as simple interest does, the rise of profit operates like compound interest. Our merchants and masters complain much of the bad effects of...

In a basic agricultural society, it’s easy enough to swap five chickens for a new dress or to pay a schoolteacher with a goat and three sacks of rice. Barter works less well in a...

Civilization on Earth planet was equated with selfishness and greed; those people who lived in a civilized state exploited those who did not. There were shortages of vital commodities on Earth planet, and the people...

I was quite depressed two weeks ago when I spent an afternoon at Brentano’s Bookshop in New York and was looking at the kind of books most people read. Once you see that you lose...

The number of games went up or down according to the brutal, elegant logic of the economics of fun:a certain amount of difficultyplusa certain amount of your friendsplusa certain amount of interesting strangersplusa certain amount...

Sustainability is a new idea to many people, and many find it hard to understand. But all over the world there are people who have entered into the exercise of imagining and bringing into being...

Tell your wives and your older children to bring with them dish pans and cooking pots. Tell them to bring their stirring spoons and ladles. Tell them to carry a mop over their shoulders. We’re...

CEOs should be measured by the value they create into the community, the shareholders and the members of the company.

Přestože byla většina opatření New Dealu později postupně zrušena, míra státních zásahů federální vlády do ekonomiky zůstala v USA od té doby již trvale na poměrně vysoké úrovni.

The first people to get the new money are the counterfeiters, which they use to buy various goods and services. The second receivers of the new money are the retailers who sell those goods to...

The elimination of profit, whatever methods may be resorted to for its execution, must transform society into a senseless jumble.

Geniuses and prophets do not usually excel in professional learning, and their originality, if any, is often due precisely to the fact that they do not.

One should attend carefully to the fear and desperation of the powerful. They understand very well the potential reach of the “ultimate weapon,” and only hope that those who seek a more free and just...

Despite a voluminous and often fervent literature on “income distribution,” the cold fact is that most income is not distributed: It is earned.

For the same reason a disease cannot be cured by more of the germ that caused it, the inflation and debt accumulation of the Obama years will not inflate our way out of it.

Economics has made good on its promise to deliver prosperity and democratic freedom to much of the world, but in doing away with the age-old problems of humanity, it has opened up a crisis of...

la propriété, c’est le vol!

O sistema de produção privada manipula e intoxica o consumidor. Por requintados mecanismos de alienação publicitários, as aspirações e normas de comportamento das populações são controladas e integradas no sistema. Cria artificialmente, necessidades, modas, marcas,...

Rejection is an opportunity for your selection.

Life is like a curve, horizontally or vertically, we are at origin point

Bad economics teaches that computers can design markets. Good economics teaches that markets can design computers.

Freedom to order our own conduct in the sphere where material circumstances force a choice upon us, and responsibility for the arrangement of our own life according to our own conscience, is the air in...

Everything we get, outside of the free gifts of nature, must in some way be paid for. The world is full of so- called economists who in turn are full of schemes for getting something...

Why do we need so many people on Earth? I ask you. What are they good for? They live out ludicrous lives of pointless desperation. Ninety-nine percent of the human population is so much wasted...

All types of societies are limited by economic factors. Nineteenth century civilization alone was economic in a different and distinctive sense, for it chose to base itself in a motive rarely acknowledged as valid in...

One of the greatest pieces of economic wisdom is to know what you do not know.

So much barbarism, however, still remains in the transactions of most civilized nations, that almost all independent countries choose to assert their nationality by having, to their inconvenience and that of their neighbors, a peculiar...

Usually when people talk about the trickle-down theory, it has to do with economics. The richer people at the top of a society become, supposedly, the more wealth there is to trickle down to the...

Too large a proportion of recent “mathematical” economics are mere concoctions, as imprecise as the initial assumptions they rest on, which allow the author to lose sight of the complexities and interdependencies of the real...

An artist that makes art merely to meet a demand is a slave to what his patrons wants to see, or, hear.

Rights” are something made up by governments to make you feel like you’re buying something with your taxes.