Swansea, United Kingdom

Economics

Language: English Studies in English
Subject area: economy and administration
University website: www.swan.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
How is property given? By restraining liberty; that is, by taking it away so far as necessary for the purpose. How is your house made yours? By debarring every one else from the liberty of entering it without your leave.
Jeremy Bentham, "A Critical Examination of the Declaration of Rights; Article II" in The Works of Jeremy Bentham, Vol. II (1839), p. 503.
Economics
The field of economics is not exempt from the consequences of chaos and complexity. Marketplaces are indeterminate; value is subjective; and outcomes are subject to interpretation. Economic forecasting is just as nebulous, being based on the probability of statistical information that may or may not be accurate.
L.K. Samuels, In Defense of Chaos: The Chaology of Politics, Economics and Human Action, Cobden Press (2013) p. 16.
Economics
Too often in recent history liberal governments have been wrecked on rocks of loose fiscal policy.
Franklin Delano Roosevelt, request to Congress to effect drastic economies in the government (March 10, 1933); in The Public Papers and Addresses of Franklin D. Roosevelt, 1933 (1938), p. 50.
Water is essential to life, but every year millions of the chemicals produced together with their reactants and by-products enter the water cycle. Many of these chemicals currently remain unidentified, and the risk posed to human health and the environment cannot be fully determined.
Privacy Policy