Birmingham, United Kingdom

Economics

Language: English Studies in English
Subject area: economy and administration
University website: www.birmingham.ac.uk
Doctor of Philosophy (PhD)
Doctor of Philosophy (PhD)
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
Give not Saint Peter so much, to leave Saint Paul nothing.
George Herbert, Jacula Prudentum (1651). Reported in Hoyt's New Cyclopedia Of Practical Quotations (1922), p. 216.
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).
We have reached planetary boundaries - human pressures on finite, earth systems are at a tipping point. However, the technology to address this near catastrophe is now within our reach, according to expert in sustainable development, Jeffrey Sachs.
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