economy

Economics is now playing the role of Catholic theology in Medieval Europe. It has become an ideology that tells people that the world is what it is because it has to be, however unjust, wasteful and inefficient it may look.

When the rich rob the poor it's called Business. When the poor fight back it's called Violence.

How come it is easier for us to imagine the end of all life on earth than to imagine a modest change in our economic order?

Behavioral economics tells us that we quickly get used to big houses but we never get used to commuting. So when you have a choice, go for the smaller house closer to work.

We live in a country where if you want to go bomb somebody, there’s remarkably little discussion about how much it might cost. But when you have a discussion about whether or not we can assist people who are suffering, then suddenly we come very cost-conscious.

Nobody wants to pay taxes, but everyone is happy to invest.

Is democracy sustainable in a country where you have no real growth for 50% of the population?

Economics is notorious for its ability/attempts to seem like hard science when, in reality, it's far closer to a social science.

In succinct terms, recessions are caused when a bunch of people lose confidence all at once.

Our economy is designed to transfer wealth and income into the pockets of those who need it least, and any opposition to this structural inequality is treated as political radicalism.