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Moscow, Russia

Государственный университет управления

Economics

Экономика

Language: Russian Studies in Russian

Subject area: economy and administration

University website: www.guu.ru

Economics

Economics () is the social science that studies the production, distribution, and consumption of goods and services.

Wikipedia

Economics

The field of economics is not exempt from the consequences of chaos and complexity. Marketplaces are indeterminate; value is subjective; and outcomes are subject to interpretation. Economic forecasting is just as nebulous, being based on the probability of statistical information that may or may not be accurate.

L.K. Samuels, In Defense of Chaos: The Chaology of Politics, Economics and Human Action, Cobden Press (2013) p. 16.

Wikiquote

Economics

Economists have never allowed their analysis to be influenced by psychologists of their time, but have always framed for themselves such assumptions about psychical processes as they have thought it desirable to make.

Joseph Schumpeter, History of Economic Analysis, 1945. p. 27

Wikiquote

Economics

To have peace and not war, the drift toward a war economy, as facilitated by the moves and the demands of the sophisticated conservatives, must be stopped; to have peace without slump, the tactics and policies of the practical right must be overcome. The political and economic power of both must be broken. The power of these giants of main drift is both economically and politically anchored; both unions and an independent labor party are needed to struggle effective.

C. Wright Mills, The New Men of Power (1948).

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Physical sciences, Earth sciences

EU-research 'clears' the way for high quality lakes and reservoirs

The growth of blue-green algae in our lakes, large ponds, water reservoirs and public waters constitutes a problem for our environment and for our health. These types of algae often result in a deterioration of the water quality and emit a distinctly unpleasant odour. The algae consume a lot of oxygen in the water, leaving little for other animals like fish. They also produce toxins which can cause skin irritations and are suspected to be involved in the occurrence of liver cancer.

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