A Quote by Mark Skousen

The media simply does not understand Econ 101.

Mark Skousen

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Does Media Simply Understand

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Mark Skousen
American - Economist
Born: 1947

If you've taken Econ 101, you know that the quantity of money rises only when the banking system makes a net loan.

Kenneth Fisher

You read [Bill ] Maher's book, and he didn't take Econ 101. All his arguments about gasoline, it's not that they're right or wrong - they're just not informed.

P. J. O'Rourke

So what are the effects of increasing minimum wages? Any Econ 101 student can tell you the answer: The higher wage reduces the quantity of labor demanded, and hence leads to unemployment.

Paul Krugman

Historically, large-scale global trade has served two functions: 1) the exchange of goods between willing sellers and buyers described in Econ 101 textbooks; 2) as a tool of state aggrandizement, in which the private parties are stand-ins for governmental interests.

Charles C. Mann

Economics are part of our life. We try to treat them separately, like over there is the economy and here is history. Econ affects history and history often doesn't get it right if it doesn't respect econ.

Amity Shlaes

My favorite drive is Highway 101 in California between Los Angeles and San Luis Obispo. I love the 101; Highway 1 is too windy, and 5 is too boring - the 101 is just right. It's like the Mama Bear of scenic drives.

Art Alexakis

The artificial primacy of defense among our national priorities is a constant unearned windfall for some, but it's privation for the rest of America; it steals from what we could be and can do. In Econ 101, they teach that the big-picture fight over national priorities is guns versus butter. Now it's butter versus margarine—guns get a pass. Overall, we're weaker for it, and at enormous cost.

Rachel Maddow

It's much better to talk about the media as a system of propaganda and abuse, of manufactured consent, than it is to claim it's some kind of democratizing force that is not responsible for what it does. The notion that the media simply reflects reality is an argument that justifies its flight from responsibility.

Henry Giroux

I remember, the first time it struck me is I was an econ major at Stanford as an undergrad, and it struck me how few women were econ majors back in the '70s. And then in business school how few women... And even then, I thought, 'Gosh, this is really unfortunate.'

Ruth Porat

You may be the best team in the world, but you can't win all the tournaments. That's what the media does not understand.

Mohammad Azharuddin

The First Amendment protects the news media and the news media knows how to use it. Donald Trump doesn't understand it, he's never going to understand it.

Lawrence O'Donnell

You asked me once,' said O'Brien, 'what was in Room 101. I told you that you knew the answer already. Everyone knows it. The thing that is in Room 101 is the worst thing in the world.

George Orwell

I understand the art of PR, social media, gossip, and what that does for businesses, so I don't really trip off of it.

Ray J

Zen is not a philosophy, it is poetry. It does not propose, it simply persuades. It does not argue, it simply sings its own song.

Rajneesh

What the media wants and what the media demands of Christians is very simply this: your silence.

Dan Quayle

I think as a parent if you don't understand the perils of social media and what it does to kids, you're neglectful because it's probably the biggest polluter in a child's mind.

Raine Maida

A Quote by Mark Skousen

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