Quotes

It is difficult to get a man understand something, when his salary depends on his not understanding it.
Upton Sinclair

In general, everything — everything — you hear conventionally, from the legend of Irish recovery to the legend of German austerity is just not true.
It is amazing to me the degree of inequality that exists without people really getting upset.
Warren Buffet

Before now, I had never really understood how the 1930s could happen. Now I do. All one needs are fragile economies, a rigid monetary regime, intense debate over what must be done, widespread belief that suffering is good, myopic politicians, an inability to co-operate and failure to stay ahead of events.
Martin Wolf

As far as the employment-to-population ratio is concerned, the macroeconomic equilibrium-restoring forces of the market are nowheresville.
Thus I find myself becoming more Paleokeynesian by the hour, as the world keeps hitting me on the head with a brick, pausing after each blow to say: "Now do you understand?!"

People do not accept money as payment for goods because it has value. Money has value because people will accept it as payment for goods.
Brad DeLong (supposedly)

It is even better to act quickly and err than to hesitate until the time of action is past.
Kark von Clausewitz

A regular work is another name for being robbed and dying of boredom.
Sarah Walker

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