Economics is the science which studies human behaviour as a relationship between scarce resources and ends which have alternative uses.
Economic Quotes
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A creative mindset is in increasingly high demand: employers are vying for workers who are able to dream big and deliver big with the next must-have product. Creative thinking fuels innovation, it leads to new goods and services, creates jobs and delivers substantial economic rewards.
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If you have a private firm and you spend a ton of money to pay employees, but what you produce is a flop, there will be no value to GDP. But government spending all gets counted as contributing to economic growth. That’s why in the early days of creating these measurements, some people didn’t want to count government spending.
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Sound public finances are the essential foundation on which to construct a better-balanced economy from the wreckage of Labour’s boom and bust. But it is economic growth that will create the jobs and the prosperity for the future and enable us to pay down Labour’s debt.
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The negotiation of city space has been made more difficult with the idea that redevelopment is an improvement for some vague future – but it’s never like that, is it? Once you get there, for economic reasons you have to generate the next project – so you’re immediately starting to dig up something else, and so it goes on.
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