Gene Callahan > Quotes

“The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed, the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually slaves of some defunct economist. (The General Theory of Employment, Interest, and Money)”
― Gene Callahan, Economics for Real People: An Introduction to the Austrian School

“Corporations found out that without a healthy culture, people are not natural Marxists but natural couch potatoes. With no extended family, no effective church, and no healthy local community to support their lives, people don’t form revolutionary cells: they buy a case of beer or renew their Xanax prescription and spend their non-working hours watching NFL games and the Lifetime network and various types of pornography.”
― Gene Callahan

“The Austrian School of economics is an alternative to the mainstream approach. It places economics on a sound, human basis. It avoids the traps that plague most of modern economics: the assumption of selfishness as the basic human motivation, a narrow definition of rational behavior, and the overuse of unrealistic models.”
― Gene Callahan, Economics for Real People: An Introduction to the Austrian School