"My job was to teach the whole corpus of economic theory, but there were two subjects in which I was especially interested, namely, the economics of mass unemployment and international economics"
- James Meade
About this Quote
James Meade was a British financial expert who had an interest in the economics of mass joblessness and worldwide economics. In this quote, he is describing his job as a professor of economics, where he was accountable for teaching the whole body of financial theory. Nevertheless, he was particularly thinking about 2 particular topics: the economics of mass unemployment and international economics. He was most likely drawn to these 2 topics due to the fact that of their relevance to the world at the time, as mass unemployment was a major concern in the 1930s and worldwide economics was ending up being significantly essential due to the rise of worldwide trade. Meade's interest in these two subjects likely led to his later deal with the theory of worldwide trade and the advancement of the well-being state. His work in these areas has actually had an enduring impact on the field of economics and has helped shape the way we think about economic policy today.
This quote is written / told by James Meade between June 23, 1907 and December 22, 1995. He/she was a famous Economist from England.
The author also have 12 other quotes.
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"It's not just the effect of technology on the environment, on religion, on the economic structure, on society, on politics, etc. It's that everything now exists in technology to the point where technology is the new and comprehensive host of nature of life"
"Our people can draw on the tremendous strides made in recent years, not only in terms of advancing themselves spiritually and materially, but also in having weathered social and economic turbulence, triggered, in the main, by factors not of their own creation"
"The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists"
"What we're talking about is the price of goods, all goods, in terms of money. That has nothing to do with unemployment, except for the fact that you get fewer goods. And when you have more money and fewer goods, the amount of dollars per good goes up. It goes up because there are fewer goods and it goes up because there is more money"
"From this process has emerged a parallel process of translating traditional working and living values into a new political and economic power - a power increasingly based upon the strength of money and those material things money can purchase"
"But while they prate of economic laws, men and women are starving. We must lay hold of the fact that economic laws are not made by nature. They are made by human beings"
