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John Maynard Keynes: Words

“Words ought to be a little wild for they are the assaults of thought on the unthinking.” —John Maynard Keynes  

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Posted in thought for today

Inner Fire

In everyone’s life, at some time, our inner fire goes out. It is then burst into flame by an encounter with another human being. We should all be thankful for those people who rekindle the inner spirit. -Albert Schweitzer, philosopher,

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Posted in thought for today

The long-term effects of short-term emotions – Corporate News –

When we confront a situation, our mind looks for a precedent among past actions without regard to whether a decision was made in emotional or unemotional circumstances. Which means we end up repeating our mistakes, even after we’ve cooled off.I

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Posted in economics, Leadership, Management

Confession of an Economist: Writing to Impress Rather than Inform « Mostly Economics

Think back to your first years in graduate school. The most mathematically complex papers required a great deal of time and effort to read. The papers were written as if to a private club, and we felt proud when we

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Posted in economics

Learning about economic geography « Mostly Economics

new economic geography has a kind of steampunk feel, so that the stories it tells seem more suited to the U.S. economy of 1900 than that of 2010. Well, China is an economic powerhouse, but it’s still quite poor; allowing

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Posted in economics

Economics in One Easy Lesson « The Mind of One 25 Year Old

As the late Adrian Rogers said, “you cannot multiply wealth by dividing it.” An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class.That class

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Posted in economics

Economics Quote

Image by arellis49 via Flickr Economics Quote The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of

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Posted in economics, Thought, thought for today
  • People only echo what they believe, not what they do not. 3 weeks ago
  • If it feels unjust, it usually is. It helps to know why and, better still, explain why. 3 weeks ago
  • Giving and gifting are not the same. The giver expects; giving should be sustainable. The gifter does not. Gifting is usually excess. 3 weeks ago
  • A change of heart in one does not necessarily imply a change of heart in all. 3 weeks ago

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