Yekaterinburg, Russia

Knowledge Economics

Table of contents

Knowledge Economics at Ural Federal University

Language: English Studies in English
Subject area: economy and administration
University website: urfu.ru/en/
3 years

Definitions and quotes

Economics
Economics () is the social science that studies the production, distribution, and consumption of goods and services.
Knowledge
Knowledge is a familiarity, awareness, or understanding of someone or something, such as facts, information, descriptions, or skills, which is acquired through experience or education by perceiving, discovering, or learning.
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).
Knowledge
Virtue is harder to be got than knowledge of the world; and, if lost in a young man, is seldom recovered.
John Locke, Some Thoughts Concerning Education (1693) Sec. 70.
Are the emission reduction strategies of the world's global economies enough to keep global warming under 2 °C?
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