If economics were only about profit maximization, it would be just another name for business administration. It is a social discipline, and society has other means of cost accounting besides market prices.
I don't care a damn about men who are loyal to the people who pay them, to organizations... I don't think even my country means all that much. There are many countries in our blood, aren't there, but only one person. Would the world be...
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Graham Greene
I can see how it might be possible for a man to look down upon the earth and be an atheist, but I cannot conceive how a man could look up into the heavens and say there is no God.
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Abraham Lincoln
Civilized men are more discourteous than savages because they know they can be impolite without having their skulls split, as a general thing.
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Robert E. Howard
In my many years I have come to a conclusion that one useless man is a shame, two is a law firm, and three or more is a congress.
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Peter Stone
You know what's truly weird about any financial crisis? We made it up. Currency, money, finance, they're all social inventions. When the sun comes up in the morning it's shining on the same physical landscape, all the atoms are in place.
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Bruce Sterling
More Quotes By Dani Rodrik
The world is better served by syncretic economists and policymakers who can hold multiple ideas in their heads than by ‘one-handed’ economists who promote one big idea regardless of context.
If economics were only about profit maximization, it would be just another name for business administration. It is a social discipline, and society has other means of cost accounting besides market prices.
The economics we need is of the "seminar room" variety, not the "rule-of-thumb" kind. It is an economics that recognizes its limitations and caveats and knows that the right message depends on the context. The fine print is what economists have to contribute.
