Economy

• “A planet full of people meant nothing against the dictates of economic necessity!”

• “The more opportunities there are in a Society for some persons to live upon the toil of others, and the less those others may enjoy the fruits of their work themselves, the more is diligence killed, the former become insolent, the latter despairing, and both negligent.”

• “The great virtue of a free market system is that it does not care what color people are; it does not care what their religion is; it only cares whether they can produce something you want to buy. It is the most effective system we have discovered to enable people who hate one another to deal with one another and help one another.”

• “Economics takes a while to learn, even if much of it is in a way quite simple. It is simple to be wrong as well as to be right, and it is none too easy to distinguish between them.”

• “Economists have never allowed their analysis to be influenced by psychologists of their time, but have always framed for themselves such assumptions about psychical processes as they have thought it desirable to make.”

• “Putting human affairs in exact formulas shows in itself a lack of the sense of humor and therefore a lack of wisdom.”

Quotes via Wikiquote (CC BY-SA), each with its original source.

Economy across IJR

Open questions

what are the important characteristics of a market economy?

On Watch

GTA 6: Robberies, Economy & How Money Works Now | Exclusive Deep DiveTGG

In the Arcade

LandgrabPaint the map. Hold the line. Take the world.