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is a science invented by the upper class in order to acquire the fruits of the labor of the underclass.

What is economics' A science invented by the upper class in order to acquire the fruits of the labor of the underclass August Strindberg

is a study which usually shows us that the best time for purchase was last year.

The study of economy usually shows us that the best time for purchase was last year. Woody Allen

is coordinated in one of two ways: Via central totalitarian direction involving the use of coercion or the voluntary cooperation of individuals in marketplace.

Fundamentally, there are only two ways of coordinating the economic activities of millions. One is central direction involving the use of coercion the technique of the army and of the modern totalitarian state. The other is voluntary cooperation of individuals the technique of the marketplace. Milton Friedman

is like being lost in the woods. How can you tell where you are going when you don't even know where you are'.

Economics is like being lost in the woods. How can you tell where you are going when you don't even know where you are'

is so simple in its fundamental principles that they can be written on one page.

What makes it [economics] most fascinating is that its fundamental principles are so simple that they can be written on one page, that anyone can understand them, and yet very few do. Milton Friedman

is a discipline in which hope and faith coexist with great scientific pretension and also a deep desire for respectability.

In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability.

1s 2reatest error is in seeing the economy as a stable, immutable structure.

It is my guiding confession that I believe the greatest error in economics is in seeing the economy as a stable, immutable structure.

is a discipline that mathematics has given rigor, but alas, also mortis.

Mathematics has given economics rigor, but alas, also mortis.

economics, n.Definitions

economics