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Economy
An economy (From Greek οίκος – "household" and νęμoμαι – "manage") is an area of the production, distribution, or trade, and consumption of goods and services by different agents in a given geographical location. Understood in its broadest sense, 'The economic is defined as a social domain that emphasizes the practices, discourses, and material expressions associated with the production, use and management of resources'. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two parties agree to the value or price of the transacted good
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You can’t tax business. Business doesn’t pay taxes. It collects taxes.
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The man whose whole life is spent in performing a few simple operations, of which the effects are perhaps always the same, or very nearly the same, has no occasion to exert his understanding or to exercise his invention in finding out expedients for removing difficulties which never occur. He naturally loses, therefore, the habit of such exertion, and generally becomes as stupid and ignorant as it is possible for a human creature to become.
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― An Inquiry into the Nature and Causes of the Wealth of Nations
― An Inquiry into the Nature and Causes of the Wealth of Nations
Those who cannot remember the past are condemned to repeat it.
- George Santayana -
This readin…more
2 members,
last active 9 years ago
A group for all members of the WFGA to share eco/climate related book reading experiences. Maybe…more
7 members,
last active 4 months ago
Gelecek Araştırmaları Enstitüsü; geleceğin tasarlanabilir ve yönetilebilir olduğunu çeşitli proj…more
1 member,
last active 3 years ago
Useful reading for those covering news in Kentucky, Ohio, and West Virginia, especially on econo…more
8 members,
last active 9 years ago
