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Why do writers, say, give up a job in economics and decide to write poetry?

Why do writers, say, give up a job in economics and decide to write poetry? Or, why do they give up a job in a bank and decide to paint, like Krishan Khanna? They want to convey something.
Posted 1 month, 2 weeks ago

In economics, one of the most important concepts is 'opportunity cost' - th

In economics, one of the most important concepts is 'opportunity cost' - the idea that once you spend your money on something, you can't spend it again on something else.
Posted 1 month, 2 weeks ago

The basic idea that if you increase government spending or you cut people's

The basic idea that if you increase government spending or you cut people's taxes that stimulates the economy and lowers the unemployment rate, is a very widely accepted idea. It's in every economics textbook, that's what we teach our undergraduates, and
Posted 1 month, 2 weeks ago

Economics should be defined in terms of what it is about. It should be abou

Economics should be defined in terms of what it is about. It should be about how people produce things, how people exchange them, how people earn income, how they pay taxes, how the government provides infrastructure with tax revenue, and how it conducts
Posted 1 month, 2 weeks ago

Economics, politics, and personalities are often inseparable.

Economics, politics, and personalities are often inseparable.
Posted 1 month, 2 weeks ago

While everyone else is thinking about economics and politics, executive sal

While everyone else is thinking about economics and politics, executive salaries and the future of the euro, do the opposite, even if it's hard. Invest in the spirit.
Posted 1 month, 2 weeks ago

Economics has become as riveting as politics.

Economics has become as riveting as politics.
Posted 1 month, 2 weeks ago

All the political angst and moral melodrama about getting 'the rich' to pay

All the political angst and moral melodrama about getting 'the rich' to pay 'their fair share' is part of a big charade. This is not about economics, it is about politics.
Posted 1 month, 2 weeks ago

We've switched from a culture that was interested in manufacturing, economi

We've switched from a culture that was interested in manufacturing, economics, politics - trying to play a serious part in the world - to a culture that's really entertainment-based.
Posted 1 month, 2 weeks ago

Where there is politics or economics, there is no morality.

Where there is politics or economics, there is no morality.
Posted 1 month, 2 weeks ago

Many individuals are doing what they can. But real success can only come if

Many individuals are doing what they can. But real success can only come if there is a change in our societies and in our economics and in our politics.
Posted 1 month, 2 weeks ago

In human life, economics precedes politics or culture.

In human life, economics precedes politics or culture.
Posted 1 month, 2 weeks ago

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