"The study of human societies and economics is of great importance, and it is not the purpose of the book to suggest o…"

"The obstacles facing academic economists are formidable, for tenure and professional advancement still depend to a la…"

"The importance to Smith of the overall set of values in which the economy operates is generally ignored by his follow…"

"At 2 per cent growth a year, an economy doubles in size in just thirty years."

"The temptation to use mathematics is irresistible for economists. It appears to convey the appropriate air of scienti…"

"The second part of the New Right's policy package has been the belief that free-market solutions are always best. It …"

"Despite the high salaries involved, employing economists is a cost-effective way for banks, and stockbrokers to secur…"

"The model of competitive equilibrium which has been discussed so far is set in a timeless environment. People and com…"

"The behavior of the economy as a whole, at the aggregate, macro-level, is built up from the individual equations at t…"

"The reader might reflect that an awful lot of supposing has to take place in order for the quantity theory of money t…"