"Economics must not be relegated to classrooms and statistical offices and must not be left to esoteric circles. It is the philosophy of human life and action and concerns everybody and everything. It is the pith of civilization and of man's human existence." - Ludwig Von Mises
Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2021 one half to David Card University of California, Berkeley, USA...
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"The difference between theory and practice is that, in theory, there is no difference between theory and practice, but in practice, t...
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1. In 1776 the first modern work on economics was published. In it we find among many others the concepts of invisible hand and division...
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"Each time a man stands for an ideal, or acts to improve the lot of others, or strikes out against injustice, he sends a tiny ripple ...