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Trade and money, which go together in a stream of energy, inevitably wash away the enclosing walls of a society of status.
Why do writers, say, give up a job in economics and decide to write poetry? Or, why do they give up a job in a bank and decide to paint, like Krishan Khanna? They want to convey something.
In economics, when you put together a highly elastic thing and a highly inelastic thing, you create extraordinary potential for turbulence, volatility, and for unstable prices.
The Tea Party we were told is only about economics; not true. It was always about economics and social issues. They just hid the social issues and now we just see who they really are.
So science alone cannot solve this problem [mass extinction of humans]. It's something that we can only tackle by bringing science together with culture, economics, and even politics.
Certainly if the fundamental problem of society is that demands are infinite and resources are always limited, politics, not economics is the master science.
The message is resonating, not just in Wisconsin, but all over America, the people are sick and tired of establishment politics, establishment economics. They want real change.
Then in college, besides economics, I also majored in studio art and got involved in photography and making short films and acting. But I didn't know you could make a living that way.
There is a central difference between the old and new economies: the old industrial economy was driven by economies of scale; the new information economy is driven by the economics of networks.
Some years ago an excellent professor of economics told his class in his gravelly voice, 'If you pay me $50,000 a year to solve a problem, I damned sure ain't going to solve it.'
You know what the economics are like in Red Lake County. There's no way a family can pay $15,000, $20,000 a year for health insurance and make it work. You just can't do it. It's got to change.
To be brutally honest, it's simple economics. If they want to come into cycling, sponsors need to know the team they are funding is clean, otherwise the risk is just too great.
On one project I was hanging out with Brad Pitt, and Ryan Gosling, and Steve Carrel, and Christian Bale, and trying to explain economics to them for a movie I'm an advisor on.
I'll be a president that will turn our inner cities around and will give strength to people and will give economics to people and will bring jobs back.
Because economics is all about optimising, doing the best you can with what you have - it's usually the first place you should look for answers if you want to maximise your happiness.
Interestingly, human irrationality is a hot topic in economics at the moment. Behavioural economics it's called, on the cusp of economics and psychology.