There is no plausible theory under which the record of the Pentagon Papers can be interpreted as relating to the national defense.
Noam ChomskyRead
Debt is a social and ideological construct, not a simple economic fact.
Interpretation
Debt is shaped by societal beliefs and norms rather than just financial principles.
Noam Chomsky emphasizes that debt should not be viewed merely as a financial obligation; instead, it is influenced by social values and ideological beliefs. This perspective suggests that how we perceive and manage debt is deeply rooted in the cultural and political context, challenging the notion that debt is an isolated economic issue.
In practice
In a financial literacy seminar to explain the broader aspects of debt.
There is no plausible theory under which the record of the Pentagon Papers can be interpreted as relating to the national defense.
The 'free-floating intellectual' may occupy himself with problems because of their inherent interest and importance, perhaps to little effect.
If you're teaching today what you were teaching five years ago, either the field is dead or you are.
There are very few people who are going to look into the mirror and say, 'That person I see is a savage monster;' instead, they make up some construction that justifies what they do.
The Republican Party has become overwhelmingly so extreme that it's hardly a traditional political party anymore.
There is still much debate about whether torture has been effective in eliciting information - the assumption being, apparently, that if it is effective, then it may be justified.
Central planning didn't work for Stalin or Mao, and it won't work for an entrepreneur either.
Free migration within Europe means that countries that have done a better job at reducing unemployment will predictably end up with more than their fair share of refugees. Workers in these countries bear the cost in depressed wages and higher unemployment, while employers benefit from cheaper labor.
Long-term economic growth depends mainly on nonmonetary factors such as population growth and workforce participation, the skills and aptitudes of our workforce, the tools at their disposal, and the pace of technological advance. Fiscal and regulatory policies can have important effects on these factors.
While it was an experiment to bring them together, nothing has divided Europe as much as the euro.
Economic growth and environmental protection are not at odds. They're opposite sides of the same coin if you're looking at longer-term prosperity.
Global capital markets pose the same kinds of problems that jet planes do. They are faster, more comfortable, and they get you where you are going better. But the crashes are much more spectacular.
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