Adam Davidson Quotes & Sayings (Page 2)

“In poor countries, the rich and powerful crush the poor and powerless.”

“Whenever you hear news about jobless claims or the unemployment rate, you should translate that in your mind to one simple phrase: Stay in school.”

“Economics is not a discipline that comes to correct answers - economies are too complex.”

“We can fight over what the taxation levels should be, but the tax system should be very, very simple and not distortionary.”

“The economy works best when better ideas win out over worse ideas, harder work wins out over less work, when it's a fair fight in the marketplace.”

“Unlike physics, economists don't settle things. There seems to be plenty of room for different conclusions that are still accepted in the academy.”

“When you cover the economy as a reporter, there's one part of the job that is always easy: finding economists who disagree.”

“The American dream always meant that anybody willing to put in a hard day's work could make a decent living. That's just not true anymore for people without at least some post-high school education.”

“Happiness statistics may be most valuable in smaller, local discussions. Understanding how different sorts of programs affect the well-being of citizens would be enormously helpful to a mayor choosing between building a new bridge or offering a tax cut.”

“If the American government can't stand behind the dollar, the world's benchmark currency, then the global financial system will very likely enter a new era in which there is much less trade and much less economic growth. It would be, by most accounts, the largest self-imposed financial disaster in history.”