A Quote by Warren Buffett
In economics, you always want to ask 'And then what?'
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The best advice I can give you is to ask yourself what do you want, then ask 'what is true' - and then ask yourself 'what should be done about it.' I believe that if you do this you will move much faster towards what you want to get out of life than if you don't!
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.
I've always said, just go ask my teammates if you want to know about me. Go ask the guys that I've played with. Don't ask or get information about me from people who are not in the locker room or not around me all of the time. Then you'll get legit answers.
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.
The great secret of getting what you want from life is to know whay you want and believe you can have it. Always do something for others, then ask God to help you get at it.
I am practical by nature, and I'd heard that being a writer or an artist is a good way to starve! So I was an economics major at Oklahoma State, and then received an M.S. from Cornell in Agricultural Resource and Managerial Economics. I knew if I wanted to write I would do it on my own, but I knew I wouldn't make myself study economics on my own.
History shows that where ethics and economics come in conflict, victory is always with economics.
If you want to learn real economics instead of neoliberal junk economics, read Michael Hudson's books.
Anyway that's a large part of what economics is - people arbitrarily, or as a matter of taste, assigning numerical values to non-numerical things. And then pretending that they haven't just made the numbers up, which they have. Economics is like astrology in that sense, except that economics serves to justify the current power structure, and so it has a lot of fervent believers among the powerful
I don't ask for much. I don't ask to be rich, and I don't ask to be famous, and I don't ask to play center field for the New York Yankees. I just want to get married and have a wife, and a house, and I want to have a kid, and I want to go see him be a tooth in the school play!
Actually, in my advanced, high-falutin' frontier economics, I often work with what I define as 'money metric utility,' and I ask people, 'Do you really want that? What are you willing to pay for that?'
I am always mission driven, and I always ask myself what I want to be working on, what project excites me the most. I figure that out and then find the best place to do that work.
Growing up as a gay boy during the holidays, there's the things you want to ask for, and then the things you ask for because you're afraid of asking for what you really want.
The problem is, of course, that not only is economics bankrupt but it has always been nothing more than politics in disguise ... economics is a form of brain damage.
Interestingly, human irrationality is a hot topic in economics at the moment. Behavioural economics it's called, on the cusp of economics and psychology.
People used to ask me for advice, and I'd say, 'Please, don't ask me!' Yes, I did economics at Oxford, but that's not the same as having a broad knowledge of personal finance
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