A Quote by Alexandria Ocasio-Cortez
I don't think most of Congress understands how economics works.
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I don't think Obama understands basic economics. Not economics that work. He may understand some theory that someone in Princeton sat and dreamed up, but it's not working.
What I find is most people have a civics book understanding for how Congress works and how a bill moves.
I don't think Silicon Valley understands the power of Wikipedia, how it works, or the opportunities it represents.
How should the best parts of psychology and economics interrelate in an enlightened economist's mind?... I think that these behavioral economics...or economists are probably the ones that are bending them in the correct direction. I don't think it's going to be that hard to bend economics a little to accommodate what's right in psychology.
My interest in economics just basically comes because I think I'm a curious person, and I'm interested in how the world works.
The greatest decisions I've made in my life are by instinct. I remember when I hired Bill I had a lot of people telling me it was a mistake. But he and I had established a rapport in '96 when he coached the secondary. You need a coach that understands economics, that understands the impact of the salary cap and how to make those difficult decisions that allow you to sustain success over the long term. I don't think there's anyone better than Bill at doing that.
Economics profession, they've been - they've been confident in various formulas, but economics is not physics. The same formula that works in one decade doesn't work in the next. Economics is a difficult subject.
China understands economics more than most countries and is usually moved to increase freedoms when the yuan is directly involved.
No foreign policy will stick unless the American people are behind it. And unless Congress understands it. And unless Congress understands it, the American people aren't going to understand it.
While I am describing to you how Nature works, you won't understand why Nature works that way. But you see, nobody understands that.
I think the Fight for 15 is a great fight. I think, unfortunately, depending how the Congress works out, we may have to get there in increments.
Discovering various economists, economic works, reading financial periodicals and keeping up on current events in geopolitics and economics around the world opened my eyes to many facets of how the extended order works.
One of the profound effects of economics in our day is that the people with the money and the power have embraced the guilt-free, external-less, everything-will-turn-out-okay-in-the-end philosophy of economics in order to justify their own evil works. And the economists, for the most part, have sucked up to that money.
I think I couldn't do what I do [live without money] without studying economics, because you need to understand the system first - how it currently works - in order to change it.
If you're a realist, you know that people have different roles to play in politics, economics, and this is an important role, but I do think that there has to be an understanding of how what happens here on Wall Street has such broad consequences not just for the domestic but the global economy, so more thought has to be given to the process and transactions and regulations so that we don't kill or maim what works, but we concentrate on the most effective way of moving forward with the brainpower and the financial power that exists here.
We can't change the way Washington works unless we first change how Congress works.
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