Economists treat economics as if it is a pure science divorced from the facts of life. The result of this false accountancy is a willful confusion under cover of which industry wreaks its havoc scot-free and ignores the environmental cost.
Now that virtually every career is an option for ambitious girls it can no longer be considered regressive or reactionary to reintroduce discussion of marriage and motherhood to primary education. We certainly do not want to return to the simplistic duality of home economics classes for girls and wood shop for boys.
It turns out that advancing equal opportunity and economic empowerment is both morally right and good economics because discrimination poverty and ignorance restrict growth while investments in education infrastructure and scientific and technological research increase it creating more good jobs and new wealth for all of us.
Survival in the cool economics of biology means simply the persistence of one's own genes in the generations to follow.
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.
I was an economics major in college and every summer after school I would drive my car from California from Claremont men's college at the time to New York. And I worked on Wall Street.
Many kids come out of college they have a credit card and a diploma. They don't know how to buy a house or a car or health insurance or life insurance. They do not know basic microeconomics.
When a management with a reputation for brilliance tackles a business with a reputation for bad economics it is the reputation of the business that remains intact.
The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy it consists in tracing the consequences of that policy not merely for one group but for all groups.
Religion and art spring from the same root and are close kin. Economics and art are strangers.