Barnaul, Russia

Economics

Экономика

Language: Russian Studies in Russian
Subject area: economy and administration
University website: www.asu.ru/
Economics
Economics () is the social science that studies the production, distribution, and consumption of goods and services.
Economics
Economics is a subject that really relates to core aspects of human well-being, and there’s a methodology for thinking about these things. This was a very appealing combination to me. Market systems are capable of massive breakdowns that can result in long, devastating periods of high unemployment. And I felt that economists had really learned something about how to address that.
Janet Yellen, in "The Hand on the Lever" in The New Yorker (July 21, 2014) by Nicholas Lemann
Economics
In my youth it was said that what was too silly to be said may be sung. In modern economics it may be put into mathematics.
Ronald Coase, The firm, the market and the law (1988) Chapter 6. A remark on "The problem of social cost" (last sentence).
Economics
To have peace and not war, the drift toward a war economy, as facilitated by the moves and the demands of the sophisticated conservatives, must be stopped; to have peace without slump, the tactics and policies of the practical right must be overcome. The political and economic power of both must be broken. The power of these giants of main drift is both economically and politically anchored; both unions and an independent labor party are needed to struggle effective.
C. Wright Mills, The New Men of Power (1948).
The growth of blue-green algae in our lakes, large ponds, water reservoirs and public waters constitutes a problem for our environment and for our health. These types of algae often result in a deterioration of the water quality and emit a distinctly unpleasant odour. The algae consume a lot of oxygen in the water, leaving little for other animals like fish. They also produce toxins which can cause skin irritations and are suspected to be involved in the occurrence of liver cancer.
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