.. toxic derivatives were underpinned by toxic economics, which, in turn, were no more than motivated delusions in search of theoretical justification; fundamentalist tracts that acknowledged facts only when they could be accommodated to the demands of the lucrative faith. Despite their highly impressive labels and technical appearance, economic models were merely mathematized versions of the touching superstition that markets know best, both at times of tranquility and in periods of tumult. Yanis Varoufakis
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 Yanis Varoufakis
Regular crises perpetuate the past by reinvigorating cycles which started long ago. In contrast, (capital-C) Crises are the past's death knell. They function like laboratories in which the future is incubated. They have given us agriculture and the industrial revolution, technology and the labour contract,...
Had history been democratic in its ways, there would have been no farming and no industrial revolution. Both leaps into the future were occasioned by unbearably painful crises that made most people wish they could recoil into the past.
.. toxic derivatives were underpinned by toxic economics, which, in turn, were no more than motivated delusions in search of theoretical justification; fundamentalist tracts that acknowledged facts only when they could be accommodated to the demands of the lucrative faith. Despite their highly impressive labels...
Because I spent many years during my previous life as an academic researching game theory, some commentators rushed to presume that as Greece's new finance minister, I was busily devising bluffs, stratagems and outside options, struggling to improve upon a weak hand. Nothing could be...
