 |
…luck is often more of a factor in unequal outcomes than economic textbooks care to admit.
|
154 |
 |
A broad swath of psychological and economic research has shown that people will pay different amounts for the same item depending on who is providing it.
|
046 |
 |
Today it’s economically crucial and personally rewarding to create something that is also beautiful, whimsical, or emotionally engaging.
|
065 |
 |
Indeed, one of design’s most potent economic effects is this very capacity to create new markets…
|
081 |
 |
…it is a mistake to think of the relationship between education and the economy as a straightforward process of supply and demand…
|
059 |
 |
In economics (and in ordinary life), a basic principle is that you can never be made worse off by having more options, because you can always turn them down.
|
049 |
 |
…just thinking about money makes us behave as most economists believe we behave – and less like the social animals we are in our daily lives.
|
075 |
 |
…wealth does not necessarily make individuals happy, but it does serve the needs of an economy, which serves the needs of a stable society, which serves as a network for the propagation of delusional beliefs about happiness and wealth.
|
219 |
 |
Many economic choices are gambles. Given our uncertain world, the difficult and interesting choices are always gambles of one kind or another.
|
051 |
 |
…every business, new or old, is governed by the same set of market forces and economic rules. Revenue in, expenses out. Turn a profit or wind up gone.
|
056 |
