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Berlin, Germany

Bard College Berlin, a Liberal Arts University

Principles of Economics

Language: English Studies in English

Subject area: economy and administration

University website: www.berlin.bard.edu

Economics

Economics () is the social science that studies the production, distribution, and consumption of goods and services.

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Economics

How is property given? By restraining liberty; that is, by taking it away so far as necessary for the purpose. How is your house made yours? By debarring every one else from the liberty of entering it without your leave.

Jeremy Bentham, "A Critical Examination of the Declaration of Rights; Article II" in The Works of Jeremy Bentham, Vol. II (1839), p. 503.

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Economics

Capitalism is the exploitation of man by man; Communism is the exact opposite.

Coluche, "Les syndicats et le délégué," Coluche : l'intégrale, vol. 3, "1989 chez Carrère".

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Principles

I wish to establish some sort of system not guided by chance but by some sort of definite and exact principle.

Dmitri Mendeleev, Lecture to the Russian Chemical Society as quoted in "Peering Into the Unseen—What Is Revealed?" in Awake! magazine (22 August 2000).

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