The fate of our times is characterized by rationalization and intellectualization and, above all, by the disenchantment of the world.Max Weber
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All human beings are born entrepreneurs. Some get a chance to unleash that capacity. Some never got the chance, never knew that he or she has that capacity.Muhammad Yunus
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Eagles come in all shapes and sizes, but you will recognize them chiefly by their attitudes.E. F. Schumacher
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Those who have contributed great positive innovations to our society, from the pioneers of genetic understanding to the pioneers of the Information Age, have received a pittance compared with those responsible for the financial innovations that brought our global economy to the brink of ruin.Joseph Stiglitz
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The picture of the free market is necessarily one of harmony and mutual benefit; the picture of State intervention is one of caste conflict, coercion, and exploitation.Murray Rothbard
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People are always saying that prices are too high. When they turn out to be right, we anoint them. When they turn out to be wrong, we ignore them. They are typically right and wrong about half the time.Eugene Fama
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The poor get bored the same as the rest of us. Their happiness might be as important to them as their health.Esther Duflo
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Give me a fruitful error anytime, full of seeds, bursting with its own corrections.Vilfredo Pareto
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In 1833, protection was abandoned, and a tariff was established by which it was provided that we should, in a few years, have a system of merely revenue duties.Henry Charles Carey
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The main force pushing toward reduction in inequality has always been the diffusion of knowledge and the diffusion of education.Thomas Piketty
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Economics is everywhere, and understanding economics can help you make better decisions and lead a happier life.Tyler Cowen
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What we have ignored is what citizens can do and the importance of real involvement of the people versus just having somebody in Washington make a rule.Elinor Ostrom
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The chief problem with the individual investor: He or she typically buys when the market is high and thinks it's going to go up, and sells when the market is low and thinks it's going to go down.Harry Markowitz
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Self-control, openness, the ability to engage with others, to plan and to persist - these are the attributes that get people in the door and on the job, and lead to productive lives.James Heckman
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If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.Milton Friedman
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The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.John Kenneth Galbraith
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The faith that anyone could move from rags to riches - with enough guts and gumption, hard work and nose to the grindstone - was once at the core of the American Dream.Robert Reich
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The worst evils which mankind has ever had to endure were inflicted by bad governments.Ludwig von Mises
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Globalization was a deep trend pushed by technology and right ideas, as much as anything else.Jeffrey Sachs
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When people begin anticipating inflation, it doesn't do you any good anymore, because any benefit of inflation comes from the fact that you do better than you thought you were going to do.Paul A. Volcker
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One of the strengths of the U.S. economy is its ability to most efficiently employ resources both domestically and from around the world and outsourcing is one such example of this.Gita Gopinath
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Finance is not merely about making money. It's about achieving our deep goals and protecting the fruits of our labor. It's about stewardship and, therefore, about achieving the good society.Robert J. Shiller
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The welfare of a nation can scarcely be inferred from a measurement of national income as defined by the GDP.Simon Kuznets
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I find that the three major administrative problems on a campus are sex for the students, athletics for the alumni and parking for the faculty.Clark Kerr
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No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable.Adam Smith
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In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.Alan Greenspan
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The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.Friedrich August von Hayek
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Population, when unchecked, goes on doubling itself every 25 years or increases in a geometrical ratio.Thomas Malthus
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Man is the only animal whose desires increase as they are fed; the only animal that is never satisfied.Henry George
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And you can't have a prosperous economy when the government is way overspending, raising tax rates, printing too much money, over regulating and restricting free trade. It just can't be done.Arthur Laffer
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If there is one thing that most economists agree about in the realm of tax policy, it is that it's best to broaden the base of any tax, all else being equal. That means minimizing the number of deductions and exclusions from taxable income in order to lower marginal rates and reduce distortions.Richard Thaler
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International cooperation is vital to keeping our globe safe, commerce flowing, and our planet habitable.Angus Deaton
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It is therefore utterly false to say that Marx revokes the law of value as far as individual commodities are concerned, and maintains it in force solely for the aggregate of these commodities.Rudolf Hilferding
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Strong government doesn't mean simply military power or an efficient intelligence apparatus. Instead, it should mean effective, fair administration - in other words, 'good governance.'Raghuram Rajan
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Why in almost all societies have married women specialized in bearing and rearing children and in certain agricultural activities, whereas married men have done most of the fighting and market work?Gary Becker
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