David Orrell (1962) Canadian mathematician
Source: The Other Side Of The Coin (2008), Chapter 9, Square Versus Oblong, p. 284
Frequently misattributed to Milton Friedman based on a monologue from the 2005 movie Syriana
Misattributed
David Orrell (1962) Canadian mathematician
Source: The Other Side Of The Coin (2008), Chapter 9, Square Versus Oblong, p. 284
Nicholas Barr (1943) British economist
Source: Economics Of The Welfare State (Fourth Edition), Chapter 4, State Intervention, p. 93
Neil Fligstein (1951) American sociologist
Source: The transformation of corporate control, 1993, p. 300
Wendy Brown (1955) American political theorist
Neoliberalism Has Eviscerated the Fabric of Social Life http://www.greeneuropeanjournal.eu/neoliberalism-has-eviscerated-the-fabric-of-social-life/, interview with Wendy Brown by Adam Ostolski, Green European Journal, March 2017
“Even in financial markets, the concept of market efficiency does not hold.”
Paul Ormerod book The Death of Economics
Part II, Chapter 8, The Dynamics of Unemployment, p. 176
The Death of Economics (1994)
Mike Rosen (1944) American political pundit
Exception: social-issues conservatives advocate government intrusion on matters of abortion, drugs and pornography.
Rocky Mountain News column, 2000
Warren Buffett (1930) American business magnate, investor, and philanthropist
To Barack Obama, as quoted in The Audacity of Hope: Thoughts on Reclaiming the American Dream (2006), Ch. 5
Context: The free market’s the best mechanism ever devised to put resources to their most efficient and productive use. … The government isn’t particularly good at that. But the market isn’t so good at making sure that the wealth that’s produced is being distributed fairly or wisely. Some of that wealth has to be plowed back into education, so that the next generation has a fair chance, and to maintain our infrastructure, and provide some sort of safety net for those who lose out in a market economy. And it just makes sense that those of us who’ve benefited most from the market should pay a bigger share. … When you get rid of the estate tax, you’re basically handing over command of the country’s resources to people who didn’t earn it. It’s like choosing the 2020 Olympic team by picking the children of all the winners at the 2000 Games.
Karl Polanyi book The Great Transformation
The Great Transformation (1944), Ch. 4 : Societies and Economic Systems