A Quote by Thomas Sowell

Economics is a study of cause-and-effect relationships in an economy. It's purpose is to discern the consequences of various ways of allocating resources which have alternative uses. It has nothing to say about philosophy or values, anymore than it has to say about music or literature.

Thomas Sowell

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About Alternative Anymore Cause Consequences Discern Economics Economy Effect Literature Music Nothing Philosophy Purpose Relationships Resources Say Study Than Uses Values Various Ways Which

Quote Author

Thomas Sowell
American - Economist
Born: June 30, 1930

Just as a poetic discussion of the weather is not meteorology, so an issuance of moral pronouncements or political creeds about the economy is not economics. Economics is a study of cause-and-effect relationships in an economy.

Thomas Sowell

We can teach children about natural consequences and cause and effect of their relationships which is really a mirror of what happens in nature.

Shefali Tsabary

One should not wrongly reify 'cause' and 'effect,' as the natural scientists do (and whoever, like them, now 'naturalizes' in his thinking), according to the prevailing mechanical doltishness which makes the cause press and push until it 'effects' its end; one should use 'cause' and 'effect' only as pure concepts, that is to say, as conventional fictions for the purpose of designation and communication-not for explanation.

Friedrich Nietzsche

To those who say climate change is not caused by human activity or that addressing it will harm the economy, let's encourage them to go to college, too, and to study physics and to study economics, but for the rest of us, let's get to work.

Martin O'Malley

My mother and my father taught me to look at the actual problem, not the face of it, not the veneer of it. So for me, I was never - I was impressed that it - racially, I was impressed, right, but now in America it's about economics, and it's been about economics, and honestly, everything's been about economics since I don't want to say the beginning of time, but it's been about economics for a long while.

Lupe Fiasco

If the purpose of literature is to illuminate human nature, the purpose of fantastic literature is to do that from a wider perspective. You can say different things about what it means to be human if you can contrast that to what it means to be a robot, or an alien, or an elf.

Jo Walton

In college, I was dead set on being a philosophy major, because I wanted to figure out the meaning of life. Four years later I realized philosophy had really nothing to say about the meaning of life, and psychology and literature are really where it's at.

Jonathan Haidt

Economics is the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses.

Bill Vaughan

I started in the law; and the study of law, when it precedes the study of economics, gives you a set of foundation principles about how human beings interact. Economics is very useful, and I studied economics in graduate school. But without understanding the social and organizational context of economics, it becomes a theory without any groundwork.

Robert Reich

There's nothing to talk about to strangers anymore, if you know what I mean. Everything I want to say, I say to her.

Charles Baxter

Philosophy exists in profoundest opposition to rhetoric, which is speaking for the sake of producing or controlling some effect in others' perceptions. Philosophy is about the caustic or cauterizing effect of the truth, not the currying of sensibilities.

Kenny Smith

I don't like music docs, usually. There's nothing to really say. What can you say about music? Normally, you can't say too much. There are a few really good ones, but the majorities are boring, I think.

Malik Bendjelloul

A very small cause, which escapes us, determines a considerable effect which we cannot ignore, and we say that this effect is due to chance.

Henri Poincare

In many cases, water stress is more about politics, economics, behaviour and governance than absolute water scarcity. Better planning is needed, to allocate water where societal need is greatest, and to allow trade-offs between alternative uses.

Ian Goldin

The purpose of me touring and writing is to create music and nothing else. Its really not about updating people on social media about things that have nothing to do about music.