October. This is one of the peculiarly dangerous months to speculate in stocks in. The others are July, January, September, April, November, May, March, June, December, August, and February.
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Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.
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The whole financial structure of Wall Street seems to rise or fall on the mere fact that the Federal Reserve Bank raises or lowers the amount of interest. Any business that can't survive a one percent change must be skating on thin ice. Why even the poor farmer took a raise of another ten percent just to get a loan from the bank, and nobody from the government paid any attention. But you let Wall Street have a nightmare and the whole country has to help to get them back into bed again.
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If we can boondoggle ourselves out of this depression, that word is going to be enshrined in the hearts of the American people for years to come.
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We might come closer to balancing the Budget if all of us lived closer to the Commandments and the Golden Rule.
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Economics Teacher In 1930, the Republican-controlled House of Representatives, in an effort to alleviate the effects of the... Anyone Anyone... the Great Depression, passed the... Anyone Anyone The tariff bill The Hawley-Smoot Tariff Act Which, anyone Raised or lowered... raised tariffs, in an effort to collect more revenue for the federal government. Did it work Anyone Anyone know the effects It did not work, and the United States sank deeper into the Great Depression. Today we have a similar debate over this. Anyone know what this is Class Anyone Anyone Anyone seen this before The Laffer Curve. Anyone know what this says It says that at this point on the revenue curve, you will get exactly the same amount of revenue as at this point. This is very controversial. Does anyone know what Vice President Bush called this in 1980 Anyone Something-d-o-o economics. Voodoo economics.
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Commerce changes the fate and genius of nations.
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The new sound-sphere is global. It ripples at great speed across languages, ideologies, frontiers and races. The economics of this musical Esperanto is staggering. Rock and pop breed concentric worlds of fashion, setting and life-style. Popular music has brought with it sociologies of private and public manner, of group solidarity. The politics of Eden come loud.
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But while they prate of economic laws, men and women are starving. We must lay hold of the fact that economic laws are not made by nature. They are made by human beings.
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We need to reach the millions who live in cities, the hundreds of thousands in industrial centers, the tens of thousands in medium-sized towns, the thousands in small towns, and the hundreds in villages -- all these at once. Like a volcanic eruption, a spiritual revolution needs to spread through the country, to spur people to crucial decisions. People have to recognize the futility of splitting life up into politics, economics, the humanities, and religion. We must be awakened to a life in which all of these things are completely integrated.
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In economics, the majority is always wrong.
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In our time, the curse is monetary illiteracy, just as inability to read plain print was the curse of earlier centuries.
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Commerce flourishes by circumstances, precarious, transitory, contingent, almost as the winds and waves that bring it to our shores.
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A credit union is not an ordinary financial concern, seeking to enrich its members at the expense of the general public. Neither is it a loan company, seeking to make a profit at the expense of the unfortunates… The credit union is nothing of the kind; it is the expression in the field of economics of a high social ideal.
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In the usual (though certainly not in every) public decision on economic policy, the choice is between courses that are almost equally good or equally bad. It is the narrowest decisions that are most ardently debated. If the world is lucky enough to enjoy peace, it may even one day make the discovery, to the horror of doctrinaire free-enterprisers and doctrinaire planners alike, that what is called capitalism and what is called socialism are both capable of working quite well.
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The animals that depend on instinct have an inherent knowledge of the laws of economics and of how to apply them; Man, with his powers of reason, has reduced economics to the level of a farce which is at once funnier and more tragic than Tobacco Road.
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Give me a one-handed economist! All my economists say, On the one hand on the other.
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Economic growth may one day turn out to be a curse rather than a good, and under no conditions can it either lead into freedom or constitute a proof for its existence.
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I became a vegetarian in 1958 and it was very difficult in those days to really maintain that because there weren't many options. But, now, it's a growing trend because the economics are there. See, there's simply enough people demanding it that it's profitable to supply vegetarians with those products.
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For the past 15 years or so, British governments have tried to persuade the rest of us that the best judges of the national interest are...businessmen. This may be a ridiculous statement, but -- ominously -- fewer and fewer people laugh at it.
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The recent gain in the stock market is like climbing half-way up a ditch, which is great, but you're still in the ditch
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Economics is extremely useful as a form of employment for economists.
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The freedom to make a fortune on the stock exchange has been made to sound more alluring than freedom of speech.
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It seems to be a law in American life that whatever enriches us anywhere except in the wallet inevitably becomes uneconomic.
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Economics and politics are the governing powers of life today, and that's why everything is so screwy.
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In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability.
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Economics is haunted by more fallacies than any other study known to man. This is no accident. The inherent difficulties of the subject would be great enough in any case, but they are multiplied a thousandfold by a factor that is insignificant in , say, physics, mathematics, or medicine -- the special pleading of selfish interests.
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When a management team with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.
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The science hangs like a gathering fog in a valley, a fog which begins nowhere and goes nowhere, an incidental, unmeaning inconvenience to passers-by.
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To overturn orthodoxy is no easier in science than in philosophy, religion, economics, or any of the other disciplines through which we try to comprehend the world and the society in which we live.
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