2024-01-30T22:29:26+03:00[Europe/Moscow] en true <p>In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability</p>, <p>Look at the declining television coverage [of politics]. Look at the declining voting rate. Economics and economic news is what moves the country now, not politics.”</p>, <p><strong>Be at the mercy of someone/something</strong></p><p>When we seem to <strong>be at the mercy of </strong>risk-taking banks and big corporations, do we know how they came to be so powerful or understand the reasons for their original and continued existence?</p> flashcards

Economics

The economics book Big ideas simply explained

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  • In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability

    John Kenneth Galbraith (Canadian-US economist 1908-2006)

  • Look at the declining television coverage [of politics]. Look at the declining voting rate. Economics and economic news is what moves the country now, not politics.”

    The US Republican political campaign strategist Robert Teeter

  • Be at the mercy of someone/something

    When we seem to be at the mercy of risk-taking banks and big corporations, do we know how they came to be so powerful or understand the reasons for their original and continued existence?

    to be in a situation where someone or something has complete power over you