#economy

You know what's truly weird about any financial crisis? We made it up. Currency, money, finance, they're all social inventions. When the sun comes up in the morning it's shining on the same physical landscape, all the atoms are in place. ↗

— Bruce Sterling

#life #news #politics #truth #life

Bailing out people who made ill-advised mortgages makes no more sense that bailing out people who lost their life savings in Las Vegas casinos. ↗

— Thomas Sowell

#economy #life

The man whose whole life is spent in performing a few simple operations, of which the effects are perhaps always the same, or very nearly the same, has no occasion to exert his understanding or to exercise his invention in finding out expedients for removing difficulties which never occur. He naturally loses, therefore, the habit of such exertion, and generally becomes as stupid and ignorant as it is possible for a human creature to become. ↗

— Adam Smith

#stupidity #work #life

Turns out fixing people up is not how we make money. It's failing to fix people up while still giving them hope that soon we might. ↗

— Laurie Frankel

#money

Engineers do engineering, i.e. they build bridges. So engineering needs engineers. The economy does NOT need economists. Economists do not make economy, but they try it and that is why we have so much problems with some financial models. ↗

— Steve Keen

#economy #money #money

The hidden economy [is] fed not by money and greed but by love, pure and simple. You see the best and truly golden opportunities do not arise to benefit oneself, but in order to benefit others. ↗

— Etienne de L'Amour

#hidden-economy #love #money #opportunity #life

So you think money is the root of all evil? Have you ever asked what is the root of money? Money is a tool of exchange, which can't exist unless there are goods produced and men able to produce them. Money is the material shape of the principle that men who wish to deal with one another must deal by trade and give value for value. Money is not the tool of the moochers, who claim you product by tears, or of looters, who can take it from you by force. Money is made possible only by the men who produce. Is this what you consider evil? ↗

— Ayn Rand

#money #money-issues #morality #philosophy #root-of-money

Self-preservation—this is your new focus. The only obligation of today is to preserve the breath of tomorrow. Then, once footing is regained, you can begin to fulfill debt obligations. Debt is hindsight. ↗

— John-Talmage Mathis

#economy #money #terminated #unemployed #money

Economy and environment are the same thing. That is the rule of nature. ↗

— Mollie Beattie

#environment #nature

This is a spendthrift economy; though nothing is lost, all is spent. ↗

— Annie Dillard

#profligacy #nature