In a paper called 'The Economics of Matching: Stability and Incentives,' I showed that there were not any mechanisms that would always both produce a stable matching and make it completely safe for all firms and workers to reveal their true preferences.
I never, never in my life took a course in economics.
I'm the result of upbringing, class, race, gender, social prejudices, and economics. So I'm a victim again. A result.
The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.
But my shift to the serious study of economics gradually weakened my belief in Major Douglas's A+B theorem, which was replaced in my thought by the expression MV = PT.
The whole intention of empirical economics is to force theory down to Earth.
As an economics undergraduate, I also worked on a part-time basis in Cambridge, Massachusetts, for a company that was advising customers about portfolio decisions, writing reports.
Ever since the end of Medieval feudalism, and the writings of John Locke, we have understood the importance of being able to buy and sell one's own property, including books and watches, both for reasons of economics and liberty.
When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.
Look at the declining television coverage. Look at the declining voting rate. Economics and economic news is what moves the country now, not politics.
In economics, the majority is always wrong.
Economics is a subject profoundly conducive to cliche, resonant with boredom. On few topics is an American audience so practiced in turning off its ears and minds. And none can say that the response is ill advised.
Of all the thankless jobs that economists set for themselves when it comes to educating people about economics, the notion that society is better off if some industries are allowed to wither, their workers lose their jobs, and investors lose their capital - all in the name of the greater glory of globalization - surely ranks near the top.
Design is a way of life, a point of view. It involves the whole complex of visual communications: talent, creative ability, manual skill, and technical knowledge. Aesthetics and economics, technology and psychology are intrinsically related to the process.
At the time, my personal research objectives were to provide Keynesian economics with more rigorous foundations and to tighten and elaborate the logic of macroeconomic and monetary theory.
If you think about the amount of critical thinking that has come into the field of economics, two universities have dominated the landscape in my life: Chicago and Harvard.
This paper was one of my digressions into abstract economics.
Conflicts are never caused in any simple way by identity, culture or economics. Where resources are scarce, or there are strong historical memories of conflict, small events are more likely to inflame passions.
I had never taken any economics. I literally didn't know what it was. I thought it was just about the study of money.
I don't go to the beach. There is no value in going to the beach. If I did go I would probably read economics books.
I was an economics major, which I enjoyed because I had a good business sense.
I served seven years as the chair of the Princeton economics department where I had responsibility for major policy decisions, such as whether to serve bagels or doughnuts at the department coffee hour.
Economics is a subject that does not greatly respect one's wishes.
Textbooks describe economics as the study of the allocation of scarce resources. That definition may be the 'what,' but it certainly is not the 'why.'
While I tend to side with economist Milton Freidman when it comes to free-market economics, there is a place for 'Made in the U.S.A.' where national security is concerned.
I don't remember much about the specifics of the economics courses that I majored in - I apparently internalized the key concepts - but I still remember vividly the thrill of reading 'Don Quixote,' Epictetus, 'The Aeneid,' 'King Lear' and 'Candide,' and how contemporary the stories and ideas in these old and ancient texts struck me.
When I moved to Beijing in 2005 to write, I was accustomed to hearing the story of China's transformation told in vast, sweeping strokes - involving one fifth of humanity and great pivots of politics and economics.
As the Wall Street Journal called our economic plan, supply-side economics for the working man, is resonating in Minnesota and here in Missouri and across this country.
And each of these perspectives comes to the same conclusion, which is that our global economy is out of control and performing contrary to basic principles of market economics.
The fundamentals of the token model are valuable and powerful. They allow communities to govern themselves, their economics, and rally a community in powerful ways that will allow open systems to flourish in a way that was previously impossible.
Oil has allowed us to think about economics as though energy doesn't matter.
The moment is ripe for an experienced businessman to talk practical, prudent economics to the electorate - which is why Mitt Romney's political fortunes are steadily being resurrected from the grave.
We would, however, perform an injustice to the bourgeois women's rights movement if we would regard it as solely motivated by economics. No, this movement also contains a more profound spiritual and moral aspect.
For 30 years I've been schooled in everything from government, and economics, to medicine and international relations. But don't be impressed. Someone once said being a general assignment reporter simply means you are equally ignorant about most everything. In other words, I know a little about a lot.
I gradually became persuaded that the subjects, without intending to, had revealed to me a basic truth about markets that was foreign to the literature of economics.
When I was in college at Amherst, my father asked me a favor: to take one course in economics. I loved it - for the challenge of its mysteries.