The supply price and the demand price should be roughly the same. You're not supposed to have two different prices. According to economists.
Privatization came on slowly. When something very big happens, like privatization, historians and economists like to think you must have had very big causes. That is not how it happened.
When better business decisions are made, economists won't make them.
'The Economist' is a biased organization.
Unlike physics, economists don't settle things. There seems to be plenty of room for different conclusions that are still accepted in the academy.
Researchers may like to think that, given all the facts, we make rational choices. Ask economists how that assumption works out for them. No, we are emotional creatures who use value-based reasoning in conjunction with our rationality.
Markets work well with goods that economists call private goods.
I read 'Time', 'Newsweek' and 'The Economist'.
I am a trained economist.
To economists, prices serve as crucial signals to producers and consumers. In a regulated market, the state sets prices high enough for private companies to cover their costs and earn a guaranteed profit for their investors. But in a deregulated market, prices should vary with demand and supply.
I don't think we should run government based on economists' predictions.
My brother Carl became a physicist; I became an economist.
The reality is that we are all economists. We all deal with scarcity as we make choices and calculate how to ration various items and resources that we consume, produce and utilize.
I'm an economist. I'm not a political servant.
When better business decisions are made, economists won't make them.
If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.
Although most Americans apparently loathe inflation, Yale economists have argued that a little inflation may be necessary to grease the wheels of the labor market and enable efficiency-enhancing changes in relative pay to occur without requiring nominal wage cuts by workers.
The Communists were interested in getting into key positions as union officers, statisticians, economists, etc., in order to utilize the apparatus of the unions to promote the cause of revolution.
Mr. Trump has said he strongly supports immediate expensing of capital expenditures, which many economists agree would encourage growth.
Many scientists and economists also say putting a price on carbon through carbon taxes and/or cap-and-trade is necessary.