Janos Fejos

“recent events and the current context have the most weight in determining an interpretation.”
― Daniel Kahneman, Thinking, Fast and Slow

“They did not understand that by liberalizing imports, the government was also promoting exports.”
― Jeffrey D. Sachs

“reason why prosperity spread, and why it continues to spread, is the transmission of technologies and the ideas underlying them.”
― Jeffrey D. Sachs, The End of Poverty: Economic Possibilities for Our Time

“It is not the fault of the entrepreneurs that the consumers, the people, the common man, prefer liquor to Bibles and detective stories to serious books, and that governments prefer guns to butter. The entrepreneur does not make greater profits in selling bad things than in selling good things. His profits are the greater the better he succeeds in providing the consumers with those things they ask for most intensely.”
― Ludwig von Mises, Human Action: A Treatise on Economics