The special sphere of finance within economics is the study of allocation and deployment of economic resources, both spatially and across time, in an uncertain environment. To capture the influence and interaction of time and uncertainty effectively requires sophisticated mathematical and computational tools.
Copy QuoteIt is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.
Copy Quote View & ShareOur incomes are like our shoes; if too small, they gall and pinch us; but if too large, they cause us to stumble and to trip.
Copy Quote View & ShareUnder capitalism, man exploits man. Under communism, it's just the opposite.
Copy Quote View & ShareThe way to become rich is to put all your eggs in one basket and then watch that basket.
Copy Quote View & ShareAs sure as the spring will follow the winter, prosperity and economic growth will follow recession.
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