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 more advanced economy. The logistical challenges of using chickens to buy books on Amazon.com would be formidable. Charles Wheelan
Congress shall make no law abridging the freedom of production and trade...
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Ayn Rand
Your comfort zone is a place where you keep yourself in a self-illusion and nothing can grow there but your potentiality can grow only when you can think and grow out of that zone.
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Rashedur Ryan Rahman
The justification of capitalism is not that the economy grows faster than it grows under any other system. . not that the goods pour forth. The justification of capitalism is that it is the only economic system consistent with the requirements of man's rational nature,...
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M. Northrup Buechner
At times there's something so precise and mathematically chilling about nationalism. Build a dam to take away water AWAY from 40 million people. Build a dam to pretend to BRING water to 40 million people. Who are these gods that govern us? Is there no...
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Arundhati Roy
Saying that you are moral because you believe in a god is like saying you are an economist because you play monopoly.
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Robert W. Cox
More Quotes By Charles Wheelan
How much does it cost to treat leprosy? One $3 dose of antibiotic will cure a mild case; a $20 regimen of three antibiotics will cure a more severe case. The World Health Organization even provides the drugs free, but India‘s health care infrastructure is...
When I applied to graduate school many years ago, I wrote an essay expressing my puzzlement at how a country that could put a man on the moon could still have people sleeping on the streets. Part of that problem is political will; we could...
Obituaries are just like biographies, only shorter. They remind us that interesting, successful people rarely lead orderly, linear lives. I defy you to find a single obituary that begins, "Jane Doe won the Nobel Prize in large part because she was admitted to a prestigious,...
A market economy is to economics what democracy is to government: a decent, if flawed, choice among many bad alternatives.
Ethanol may actually make some kinds of air pollution worse. It evaporates faster than pure gasoline, contributing to ozone problems in hot temperatures. A 2006 study published in the Proceedings of the National Academy of Sciences concluded that ethanol does reduce greenhouse gas emissions by...
