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Jim Stanford Quotes: Economics is a social science, not a physical science.
         

Economics is a social science, not a physical science.


Jim Stanford
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Other quotes of Jim Stanford


Like a forensic accountant trying to solve a corporate fraud, following the trail of money around the circle is a good way to understand what actually happens as capitalism unfolds.

Like a forensic accountant trying to solve a corporate fraud, following the trail of money around the circle is a good way to understand what actually happens as capitalism unfolds.



Competition-ruthless, unforgiving, to-the-death competition-is a crucial feature of capitalism.

Competition-ruthless, unforgiving, to-the-death competition-is a crucial feature of capitalism.



Try this: say the words "global, global, global" aloud several times, as fast as you can. You'll find yourself sounding like a turkey ("gobble, gobble, gobble").

Try this: say the words "global, global, global" aloud several times, as fast as you can. You'll find yourself sounding like a turkey ("gobble, gobble, gobble").



Economic systems come, and economic systems go. No economic system lasts forever. Capitalism is not likely to last forever, either.

Economic systems come, and economic systems go. No economic system lasts forever. Capitalism is not likely to last forever, either.



We know that investment causes growth. But it is also true that growth causes investment.

We know that investment causes growth. But it is also true that growth causes investment.



Never trust an economist with your job. Learn about economics yourself. And make up your own mind about what might protect your job - and what might destroy it.

Never trust an economist with your job. Learn about economics yourself. And make up your own mind about what might protect your job - and what might destroy it.



The problem is not scarcity; the problem is power.

The problem is not scarcity; the problem is power.



Indeed, if communist central planners could have organized the economy with as much detail, precision, and flexibility as a modern-day Toyota or Wal-Mart, communism would probably still exist.

Indeed, if communist central planners could have organized the economy with as much detail, precision, and flexibility as a modern-day Toyota or Wal-Mart, communism would probably still exist.



Everyone has an interest in the economy: in how it functions, how well it functions, and in whose interests it functions.

Everyone has an interest in the economy: in how it functions, how well it functions, and in whose interests it functions.



Proving that profit is economically and morally justifiable, rather than the result of exploitation, has been a central preoccupation of neoclassical economists.

Proving that profit is economically and morally justifiable, rather than the result of exploitation, has been a central preoccupation of neoclassical economists.





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Find the good. It's all around you. Find it, showcase it and you'll start believing in it.

Find the good. It's all around you. Find it, showcase it and you'll start believing in it.



Nothing stings quite like an unanswered text message.

Nothing stings quite like an unanswered text message.



I was never fond of this boyfriend-girlfriend game. Outsmart me, make me feel challenged and I can walk with you forever but to act like love smitten puppies in love is not my thing.

I was never fond of this boyfriend-girlfriend game. Outsmart me, make me feel challenged and I can walk with you forever but to act like love smitten puppies in love is not my thing.



Your letter reminds me that any love that necessitates deception is not love. It doesn't matter if that supposed love is institutional or personal.

Your letter reminds me that any love that necessitates deception is not love. It doesn't matter if that supposed love is institutional or personal.



Interspersed in lawn and opening glades, Thin trees arise that shun each others' shades.

Interspersed in lawn and opening glades, Thin trees arise that shun each others' shades.



There never seems to be any trouble brewing around a bar until a woman puts that high heel over the brass rail. Don't ask me why, but somehow women at bars seem to create trouble among men.

There never seems to be any trouble brewing around a bar until a woman puts that high heel over the brass rail. Don't ask me why, but somehow women at bars seem to create trouble among men.



The reality is that nearly 80 percent of the world's purchasing power lies outside the United States, and if we don't tap those markets, others will.

The reality is that nearly 80 percent of the world's purchasing power lies outside the United States, and if we don't tap those markets, others will.



For any filmmaker who has just released a film and who is experiencing some measure of success, the temptation can be great to respond to every screening request that comes in.

For any filmmaker who has just released a film and who is experiencing some measure of success, the temptation can be great to respond to every screening request that comes in.



Everything that is most mine belongs to everyone now.

Everything that is most mine belongs to everyone now.



What is an Extraordinary Life? A life of meaning, a magnificent life, a life of joy, happiness, love, passion, success, and fulfillment. Life experienced on your terms.

What is an Extraordinary Life? A life of meaning, a magnificent life, a life of joy, happiness, love, passion, success, and fulfillment. Life experienced on your terms.




Quote Description


This page presents the quote "Economics is a social science, not a physical science.". Author of this quote is Jim Stanford. This quote is about physical science, social, social science, economics,.