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Building a road might create temporary jobs, but does it really create wealth if it doesn't also shorten commute times or otherwise make society better off? Myron Scholes buildcommutecreate Change image and share on social
Keynesian modelling relies on marginal propensity to consume and marginal propensity to invest. The idea that if we give more money to the poor, they have a propensity to consume that's much higher than the wealthy, though I wish they would talk to my wife about that; she seems to have a propensity to consume. Myron Scholes consumegivehigh share on social
I'm a theorist, not an institutionalist. Myron Scholes institutionalisttheorist Change image and share on social
Courtesy is the one coin you can never have too much of or be stingy with. John Wanamaker coincourtesystingy Change image and share on social
All sides in a trial want to hide at least some of the truth. Alan Dershowitz hidesidetrial Change image and share on social