Economics

Economics is a social science concerned with the factors that determine the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek οἰκονομία from οἶκος (oikos, "house") and νόμος (nomos, "custom" or "law"), hence "rules of the house (hold for good management)". 'Political economy' was the earlier name for the subject, but economists in the late 19th century suggested "economics" as a shorter term for "economic science" to establish itself as a separate discipline outside of political science and other social science ...more

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Milton Friedman
Well first of all, tell me: Is there some society you know that doesn’t run on greed? You think Russia doesn’t run on greed? You think China doesn’t run on greed? What is greed? Of course, none of us are greedy, it’s only the other fellow who’s greedy. The world runs on individuals pursuing their separate interests. The great achievements of civilization have not come from government bureaus. Einstein didn’t construct his theory under order from a bureaucrat. Henry Ford didn’t revolutionize the ...more
Milton Friedman

Every time you spend money, you're casting a vote for the kind of world you want. ...more
Anna Lappe

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Thee Foxhole Found in the fires and rubble of internet OSINT, war, and shooting pages is what remains of the …more
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Lombe and Angel’s pretentious book club for recommendations and other fun stuff.
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Life’s Box of Chocolates "You never know what you're gonna get." From sudden inflation spikes …more
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Tags contributing to this page include: economics, economic, economics-and-finance, economics-finance, finance-and-economics, finance-econ, finance-economics, and finance-economy