Sovannarun TAY

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The Economics of ...
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Michel Foucault
“Is it surprising that the cellular prison, with its regular chronologies, forced labour, its authorities of surveillance and registration, its experts in normality, who continue and multiply the functions of the judge, should have become the modern instrument of penality? Is it surprising that prisons resemble factories, schools, barracks, hospitals, which all resemble prisons?”
Michel Foucault

Joseph E. Stiglitz
“Rather than justice for all, we are evolving into a system of justice for those who can afford it. We have banks that are not only too big to fail, but too big to be held accountable.”
Joseph E. Stiglitz

Georg Simmel
“A man is well educated when he knows where to find what he doesn’t know.”
George Simmel

C. Wright Mills
“Neither the life of an individual nor the history of a society can be understood without understanding both.”
C. Wright Mills, The Sociological Imagination

Joseph E. Stiglitz
“To put it baldly, there are two ways to become wealthy: to create wealth or to take wealth away from others. The former adds to society. The latter typically subtracts from it, for in the process of taking it away, wealth gets destroyed. A monopolist who overcharges for his product takes money from those whom he is overcharging and at the same time destroys value. To get his monopoly price, he has to restrict production.”
Joseph E. Stiglitz, The Price of Inequality: How Today's Divided Society Endangers Our Future

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