Economics Faculty
We would like to take this opportunity to express our great admiration for the continued support of NMU’s dedicated economics professors, without whom the success of this organization would not be possible.
| Words of Wisdom from the Economics Department |
|
|---|---|
| Submitted by Professor McDonnell: | |
|
"In teaching economics, and writing for economists, who are
notoriously afflicted with a naively utilitarian, rationalistic, and
individualistic bias, it is the unconscious and social element which
needs emphasis."
~Frank Knight |
|
| Submitted by Dr. Bob Quinn: | |
|
"In the long run we're all dead."
~John Maynard Keynes |
|
| Submitted by Dr.Switzer: | |
|
"Government's view of the economy could be summed up in a few short
phrases: If it moves, tax it. If it keeps moving, regulate it. And if
it stops moving, subsidize it."
~Ronald Reagan
"I place
economy among the first and important
virtues, and public
debt as the greatest of dangers. To preserve
our independence, we must
not let our rulers load us with perpetual
debt. We must make our choice
between economy and liberty, or profusion
and servitude. If we can
prevent the government from wasting the
labors of the people under the
pretense of caring for them, they will be
happy."
"In today's economy there are no experts, no 'best and brightest' with all the answers. It's up to each one of us. The only way to screw up is to not try anything." |
|
President: Frank Mumford Webmaster: Regis Wolfe
Copyright© 2005-2006 ESA of NMU