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"An economist's definition of hatred is the willingness to pay a price to inflict harm on others."

— Edward Glaeser
edward glaeser Quotes Willingness,Economist,Harm

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Edward Glaeser
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Economist
Harm
Hatred
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If you go back to Adam Smith, you find the idea that markets and market forces operate as an invisible hand. This is the traditional laissez-faire market idea. But today, when economics is increasingly defined as the science of incentive, it becomes clear that the use of incentives involves quite active intervention, either by an economist or a policy maker, in using financial inducements to motivate behavior. In fact, so much though that we now almost take for granted that incentives are central to the subject of economics.

— Michael Sandel

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If you think you understand what I am saying you do not understand what I am saying.

— Alan Greenspan

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