Economics

We now know that anything which is economically right is also morally right; there can be no conflict between good economics and good morals.

The most creative job in the world. It involves taste, fashion, decorating, recreation, education, transportation, psychology, cuisine, designing, literature, medicine, handicraft, art, horticulture, economics, government, community relations, pediatrics, geriatrics, entertainment, maintenance, purchasing, direct mail, law, accounting, religion, energy, and management. Anyone who can handle all those has to be somebody special. She is. She’s a homemaker.

A land ethic for tomorrow should be as honest as Thoreau's Walden, and as comprehensive as the sensitive science of ecology. It should stress the oneness of our resources and the live-and-help-live logic of the great chain of life. If, in our haste to "progress," the economics of ecology are disregarded by citizens and policy makers alike, the result will be an ugly America.

Protecting something as wide as this planet is still an abstraction for many. Yet I see the day in our own lifetimes that reverence for the natural systems - the oceans, the rain forests, the soil, the grasslands, and all other living beings - will be so strong that no narrow ideology based upon politics or economics will overcome it.

Religion and art spring from the same root and are close kin. Economics and art are strangers.

The central event of the twentieth century is the overthrow of matter. In technology, economics, and the politics of nations, wealth in the form of physical resources is steadily declining in value and significance. The powers of mind are everywhere ascendant over the brute force of things.

Small is beautiful. A study of economics as if people mattered.

There are three basic types of human transactions: (1) the threat system – “Give it to me or I’ll kill you” or today’s more sophisticated version: “How much will you pay me to stop harming or annoying you?”… (2) the exchange system, the narrow waveband of market transactions with which economics concerns itself, and (3) the integrative system, i.e., the transactions based on the love, sharing, and altruism of which human beings are capable in spite of the denial of these phenomena in economic theory.

Either for God or against God… Upon that choice hangs the fate of the world. In every department of life, in politics and economics, in the sciences and arts, in the State and in domestic life we follow God’s laws to peace or bypass them into chaos.

We now know that anything which is economically right is also morally right: there can be no conflict between good economics and good morals.

The most basic law of economics, namely that one cannot get something for nothing.

The true problems of living – in politics, economics, education, marriage, etc. – are always problems of overcoming or reconciling opposites. They are divergent problems and have no solution in the ordinary sense of the word. They demand of man not merely the employment of his reasoning powers but the commitment of his whole personality.

Evolution is not necessarily a reductive theory: it does not explain away or reduce meaningfulness and value, any more than it explains away or reduces mathematics, economics, or even sociobiology itself. It aims to provide a naturalistic explanation of biological characteristics, including the capacities that enable us to recognize value and meaning. Giving a causal explanation of the origin of capacities is not the same as giving an account of the relevant meaning or content.

The teachings of economics say that anything in oversupply has no value; and one of the greatest things in oversupply has always been the simple opinion shared by others.

All social and political problems are interwoven – that energy, for example, affects economics, which in turn affects health, which in turn, affects education, work, family life, and a thousand other things. The attempt to deal with neatly defined problems in isolation from one another… creates only confusion and disaster.

A science of economics must be developed before a science of politics can be logically formulated. Essentially, economics is the science of determining whether the interests of human beings are harmonious or antagonistic. This must be known before a science of politics can be formulated to determine the proper functions of government.

Economics is our contemporary theology, regardless of how we spend Sunday.

People of privilege will always risk their complete destruction rather than surrender any material part of their advantage... In economics, the majority is always wrong.

Economics is not primarily an expository science; it also serves the controlling economic interest.

In economics, as in anatomy, the whole is much more than the sum of the parts.