When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.
At nineteen I was pretty sure I was going to be a professional soccer player. At that time I played for one of the Norwegian premier leagues. But I tore ligaments in both knees, so I started studying business administration and economics and became a financial analyst, and I worked at a brokerage firm as a stockbroker.
Cutting budget deficits can never be just an exercise in economics.
I was an economics major, which I enjoyed because I had a good business sense.
The moment is ripe for an experienced businessman to talk practical, prudent economics to the electorate - which is why Mitt Romney's political fortunes are steadily being resurrected from the grave.
Google was founded to get information to everybody. A by-product of that strategy is that we invented an advertising business which has provided great economics that allows us to build the servers, hire the employees, create value.
Recommending gastric bypass as a national solution for our diabetes epidemic is bad medicine and bad economics.
The reason we should do a carbon tax is because it's the right thing to do. It's economics 101, elementary stuff.
In economics, it is easier to agree on the data than to agree on causality.
I like Mitt Romney as a person. I think he's a dignified person. But I have no common ground on economics. He doesn't worry about the Federal Reserve. He doesn't worry about foreign policy. He doesn't talk about civil liberties, so I would have a hard time to expect him to ever invite me to campaign with him.
Economics pretends to be a science. Its practitioners fill blackboards with equations and clog computers with data. But it is really a faith, or more accurately a set of overlapping and squabbling faiths, each with its own doctrines.
The economics favour one-man comedy shows: all you need is one person, a microphone and a PA system. But I'm pleased so many people are making a living out of comedy - it's a wonderful business to be in.
People want to think of economics as a natural science, like physics, with the comforting reliability of simple-to-understand theories like F=MA. Unfortunately, it isn't. Economics is a social science, and the so-called theories are really social and moral constructs.
I believe that economics is based on scarcity of markets. And it's possible to monetize your art without compromising the integrity of it for commerce.
I saw that publishing all over the world was deeply constrained by self-censorship, economics and political censorship, while the military-industrial complex was growing at a tremendous rate, and the amount of information that it was collecting about all of us vastly exceeded the public imagination.
A lot of times, my work is looked at very much on the surface. It's very easy to just want to put something in a box - to say, 'Oh, since this work deals with surface desires at times, this is about consumerism.' And of course, the base of the work is... not about economics at all.
For thirty-five years, David Halberstam, an unsilent member of the Silent Generation, has contemplated America and its place in the world, casting his eye on big subjects - Vietnam, global economics, race, mass media, and the 1950s.
I gravitated to economics because I'm interested in how people coordinate and collaborate with each other. Economics studies all the ways people get along with each other.
The ultimate purpose of economics, of course, is to understand and promote the enhancement of well-being.
My interest in economics just basically comes because I think I'm a curious person, and I'm interested in how the world works.
