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Economics
Economics is a social science concerned with the factors that determine the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek οἰκονομία from οἶκος (oikos, "house") and νόμος (nomos, "custom" or "law"), hence "rules of the house (hold for good management)". 'Political economy' was the earlier name for the subject, but economists in the late 19th century suggested "economics" as a shorter term for "economic science" to establish itself as a separate discipline outside of political science and other social science
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“
The United States spends over $87 billion conducting a war in Iraq while the United Nations estimates that for less than half that amount we could provide clean water, adequate diets, sanitations services and basic education to every person on the planet. And we wonder why terrorists attack us.
”
― Confessions of an Economic Hit Man
― Confessions of an Economic Hit Man
“
There ain't no such thing as a free lunch.
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”
― Tanstaafl: A Plan for a New Economic World Order
― Tanstaafl: A Plan for a New Economic World Order
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Tags contributing to this page include: economics, economic, economics-and-finance, economics-finance, finance-and-economics, finance-econ, finance-economics, and finance-economy
