A Quote by Clayton Christensen
Justification for infidelity and dishonesty in all their manifestations lies in the marginal cost economics of “just this once.
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The marginal cost of doing something 'just this once' always seems to be negligible, but the full cost will typically be much higher. Yet unconsciously, we will naturally employ the marginal-cost doctrine in our personal lives.
I said earlier [2015] year that I thought we'd get to 10 or 20 bucks [per barrel ] because that's the marginal cost, and when you're in a price war, it's the marginal cost that determines the price.It is a price war because basically the OPEC reason did not cut production in their November 2014 meeting was that they got tired of cutting production and having American frackers and Russians et cetera grab market share.
There are problems connected with infidelity and problems connected with being faithful at any cost, and I am for letting those concerned choose the problems they'd prefer. There need not be one rule for all. Infidelity is enlarging and fragmenting and very very dangerous, but it has been known to retrieve people as well as marriages, so it can't be only bad.
The Indians are a marginal people in Guatemala just like I am a marginal person in the first world.
The justification of art is the internal combustion it ignites in the hearts of men and not its shallow, externalized, public manifestations.
What the issue here is, you get rid of all the conservative orthodoxy about capital gains, marginal tax rate, supply side economics, you just throw all that out the window, limited government and you just embrace the sheer and raw politics of resentment that have been bubbling the whole time and that`s what you get. You get Donald Trump.
There are some things that we know are just not as pleasant as the lies that we tell ourselves, and in that sense in order to endure existence everyone endures a certain amount of dishonesty in their everyday lives.
I'm afraid that in the United States of America today the prevailing doctrine of justification is not justification by faith alone. It is not even justification by good works or by a combination of faith and works. The prevailing notion of justification in our culture today is justification by death. All one has to do to be received into the everlasting arms of God is to die.
In economics, one of the most important concepts is 'opportunity cost' - the idea that once you spend your money on something, you can't spend it again on something else.
That was how dishonesty and betrayal started, not in big lies but in small secrets.
Time will inevitably uncover dishonesty and lies; history has no place for them.
The social and legal discrimination that relegates hundreds of women to subordinate or marginal economic roles has a huge aggregate cost.
Exposing police lying is difficult largely because it is rare for the police to admit their own lies or to acknowledge the lies of other officers. This reluctance derives partly from the code of silence that governs police practice and from the ways in which the system of mass incarceration is structured to reward dishonesty.
It's just economics 101: When it's free to pollute, you get more pollution. But when there's a price to pay, industry will have an incentive to find low-cost carbon solutions.
And not only the pride of intellect, but the stupidity of intellect. And, above all, the dishonesty, yes, the dishonesty of intellect. Yes, indeed, the dishonesty and trickery of intellect.
If people are teaching economics, they need to teach all the different disciplines, all the different schools in economics. They can't just teach one because then the person isn't equipped to deal with the economics profession.
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