Economist Quotes
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Economist Frederick Thayer has studied the history of our balanced-budget crusades and has come up with some depressing statistics. We have had six major depressions in our history (1819, 1837, 1857, 1873, 1893 and 1929); all six of them followed sustained periods of reducing the national debt. We have had almost chronic deficits since the 1930s, and there has been no depression since then - the longest crash-free period in our history.
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My principal work now lies in tracing out the exact nature and conditions of utility. It seems strange indeed that economists have not bestowed more minute attention on a subject which doubtless furnishes the true key to the problems of economics.
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In most cases I start off with a sketch. But I'm also thinking about real images: out of National Geographic, out of fashion magazines, out of The Economist, out of Time. I'm making a sketch, but I'm using the existing images that have been put out in the world.
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Economists did something even better than predict the crisis. We correctly predicted that we would not be able to predict it.
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Policy makers have plainly failed both here in the United States and in Europe as well. People who have suffered because of that. And when they say, "Throw out economists, we don't trust economists anymore," you can totally understand why.
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I have 'The Economist' and the 'New Scientist' on my bedside table - and 'GQ,' of course.
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Before I leave for the office in the morning, I read the 'Financial Times' and the 'Economist.' The key articles I need to understand are there, after which I focus on prep for the day.
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It's my belief that one of the unconscious reasons which underlies the odd attitude of the establishment toward hallucinogens is the fact that they bring the mystery to the surface as an individual experience. In other words, you do not understand the psychedelic experience by getting a report from Time magazine or even the Economist. You only understand the psychedelic experience by having it.
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There are only two economists in Congress and hundreds of lawyers. Does that explain why the government is in such a mess?
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You may scoff at the Tooth Fairy if you like. But the Tooth Fairy's approach has gotten more politicians elected than any economist's analysis.
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Love is the felt experience of connection to another being. An economist says 'more for you is less for me.' But the lover knows that more of you is more for me too. If you love somebody their happiness is your happiness. Their pain is your pain. Your sense of self expands to include other beings. This shift of consciousness is universal in everybody, 99% and 1%.
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Give me a one-handed economist! All my economists say, On the one hand on the other.