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Game theory is a branch of, originally, applied mathematics, used mostly in economics and political science, a little bit in biology, that gives us a mathematical taxonomy of social life, and it predicts what people are likely to do and believe others will do in cases where everyone's actions affect everyone else.
Bin Laden comes out of a business background - he studied public administration and economics at university, and he worked for his family company, which was obviously a rather successful enterprise.
Peter L. Bergen
I had become interested in economics, an interest that was transformed into a lifetime dedication when I met with the mathematical theory of general economic equilibrium.
War used to be something you could stand on the nearby hill and watch. Now we have total war; everybody's in it. We have total economics as well. Everything affects everybody. The Malaysian currency shakes, and people around the world are seriously affected.
Everywhere I go, I see incredible examples of communities that have a vision for transportation and how it will impact the quality of life, mobility, economics and opportunity.
However, I have a low opinion of people with narrow political horizons. Someone who talks about the environment and knows nothing about economics can make as many mistakes as someone who does the opposite.
Zero-sum thinking is an obsession of mine, but mostly in economics.
P. J. O'Rourke
Where there is politics or economics, there is no morality.
Karl Wilhelm Friedrich Schlegel
Economics is not brain surgery.
Don't let anybody tell you it's corporations and businesses create jobs. You know that old theory, 'trickle-down economics.' That has been tried, that has failed. It has failed rather spectacularly.
In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability.
John Kenneth Galbraith
No one is entertained by economics.
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.
I'm not a communist, of course. But I do think that everything is down to economics. Capitalism doesn't change.
Economics, politics, and personalities are often inseparable.
The only language that the Japanese whaling industry understands is economics.
Economics has become as riveting as politics.
Neoclassical economics insists that advertising cannot force consumers to buy anything they don't already want to buy.
Sometime, while I wasn't paying attention, trickle-down economics got respectable.
I got politics and economics moving and then others took over.
Economics is uncertain because its fundamental subject matter is not money but human action. That's why economics is not the dismal science, it's no science at all.
There's a very good reason for why economics developed the way it did, and that is that in many situations, the assumption that people will exploit the opportunities available to them is very plausible, and it simplifies the analysis of how markets will behave.
I think economics is about passion. Economic progress, whether it is a two-person coffee shop or whether it is Netscape, is about people with brave ideas. Because it is brave to mortgage the house, when you've got two kids, to start a coffee shop.
Romney economics would spell disaster for America's middle class. In this economy there are shipbuilders and ship wreckers.
I think that the economics of book publishing favor hits with long book runs. You make all your money on the last bunch of books, not the first.
A. P. J. Abdul Kalam
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