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In economics all roads lead to Socialism, although in nine cases out of ten, so far, the economist doesn't recognize his destination, and incurs the malediction pronounced by Jeremiah on those who justify the wicked for reward.
To this section belong economists, philanthropists, humanitarians, improvers of the condition of the working class, organisers of charity, members of societies for the prevention of cruelty to animals, temperance fanatics, hole-and-corner reformers of every imaginable kind.
She lives in reputation at the polite end of the town, and is so good an economist, that she spends three times the income of her fortune, without running into debt.
Indeed every good economist and manager of a household must know how cheap and yet how amiable these professions are, and what a flavour they give to the most homely dish in life.
Having satisfied himself, on his father's death, that his mother had a right of settlement in Coketown, this excellent young economist had asserted that right for her with such a steadfast adherence to the principle of the case, that she had been shut up in the workhouse ever since.
Winston Churchill once said if you put two economists in a room, you get two opinions, unless one of them is Lord Keynes, in which case you get three opinions.
The Pakistan Society of Development Economists honours him today for his contribution to economics, to the development of the Pakistan economy and to the economic profession in Pakistan.
In his new role, Alexander will be based in New York, leading a team of five economists covering the US.
Do economists in government encourage or discourage the growth of government?
Glassman told a roomful of economists at the National Economists Club in Washington, D.
The forecast's economists believe that a recession is unlikely because of modest growth levels as measured by gross domestic product at the national level and employment at the state level.
2) Although this belief that individuals make decisions rationally, whatever their goals, has worked well for economists in dealing with responses to markets, or political scientists looking at political decision making, rational choice theory itself seems not to be an all inclusive explanation of behavior for decisions which are not seemingly instrumental in nature--at least in terms of simple calculations of benefits--or in which goals and contexts create non-instrumental ends.
As long as economists see but a single ladder out of the morass of underdevelopment, this is the best that citizens of two-thirds world can hope for.
The most popular introduction to economic ideas these days is a book by Tod Buchholz called New Ideas from Dead Economists.
Up in arms is the orthodox supply side-wedded economist establishment--at universities, economic research institutes, and even at the German Council of Economic Experts, the panel of five prominent economists who advise the government.