Indeed, if communist central planners could have organized the economy with as much detail, precision, and flexibility as a modern-day Toyota or Wal-Mart, communism would probably still exist.
We know that investment causes growth. But it is also true that growth causes investment. - Jim Stanford
We know that investment causes growth. But it is also true that growth causes investment.
- Jim Stanford
If you want poor people to work you restore their incentive by giving them less, such as by cutting social services. If you want rich people to work … - Jim Stanford
If you want poor people to work you restore their incentive by giving them less, such as by cutting social services. If you want rich people to work …
The total dividend income declared in 1995 by the bottom 9.7 million Canadian tax-filers (47% of all those submitting tax returns) was $310 million. … - Jim Stanford
The total dividend income declared in 1995 by the bottom 9.7 million Canadian tax-filers (47% of all those submitting tax returns) was $310 million. …
Try this: say the words "global, global, global" aloud several times, as fast as you can. You'll find yourself sounding like a turkey ("gobble, gobbl… - Jim Stanford
Try this: say the words "global, global, global" aloud several times, as fast as you can. You'll find yourself sounding like a turkey ("gobble, gobbl…
The problem is not scarcity; the problem is power. - Jim Stanford
The problem is not scarcity; the problem is power.
Growth can also involve producing services instead of goods. In particular, a major expansion of public and caring services (like child care, educati… - Jim Stanford
Growth can also involve producing services instead of goods. In particular, a major expansion of public and caring services (like child care, educati…
The only factor that poses a genuine challenge to the current order is the willingness of human beings to reject the injustice and irrationality of t… - Jim Stanford
The only factor that poses a genuine challenge to the current order is the willingness of human beings to reject the injustice and irrationality of t…
Economic systems come, and economic systems go. No economic system lasts forever. Capitalism is not likely to last forever, either. - Jim Stanford
Economic systems come, and economic systems go. No economic system lasts forever. Capitalism is not likely to last forever, either.
Economics is a social science, not a physical science. - Jim Stanford
Economics is a social science, not a physical science.
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