Prague, Czech Republic

Economics

Ekonomie

Language: Czech Studies in Czech
Subject area: economy and administration
University website: www.vse.cz
Years of study: 3
Economics
Economics () is the social science that studies the production, distribution, and consumption of goods and services.
Economics
Men did not make the earth. ... It is the value of the improvements only, and not the earth itself, that is individual property. ... Every proprietor owes to the community a ground rent for the land which he holds.
Thomas Paine, Agrarian Justice (1795–1796).
Economics
Give not Saint Peter so much, to leave Saint Paul nothing.
George Herbert, Jacula Prudentum (1651). Reported in Hoyt's New Cyclopedia Of Practical Quotations (1922), p. 216.
Economics
How is property given? By restraining liberty; that is, by taking it away so far as necessary for the purpose. How is your house made yours? By debarring every one else from the liberty of entering it without your leave.
Jeremy Bentham, "A Critical Examination of the Declaration of Rights; Article II" in The Works of Jeremy Bentham, Vol. II (1839), p. 503.
There are solar panels that covert sunlight directly to electricity, and there are others that absorb the sun's rays for hot water. EU-funded researchers have made progress on a solar thermoelectric generator that generates electricity from the sun's heat.
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