In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
Warren BuffettTags: business accounting economic principals
For most Americans, economic growth is a spectator sport.
Paul KrugmanTags: economy american economic
Priceless is economic illusion.
Costless is an economical trick.
Tags: illusion trick priceless economic costless econoical
You were probably educated in the conventional economic theories of your period which were magnificent and most ingenious, but--if you will pardon my saying so--all wrong.
Robert A. HeinleinHe became convinced that ordinary commercial financing could be done for a service charge plus an insurance fee amounting to much less that the current rates of interest charged by banks, whose rates were based on supply and demand, treating money as a commodity rather than as a sovereign state's means of exchange.
Robert A. HeinleinTags: money theory banks economic
If we don't learn from each others experience, we are forced to listen to people who have economic reasons to withhold critical information from us all. The other option is to wait for the government to tell us what their financial supporters want us to know.
Richard DiazTags: government information teach learn economic
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