Poverty is not the simple result of bad geography, bad culture, bad history. It's the result of us: of the ways that people choose to organize their societies. Adam Davidson badchooseculture Change image and share on social
If large numbers of people believe they have no shot at a better life in the future, they will work less hard and generate fewer new ideas and businesses. The economy, as a whole, will be poorer. Adam Davidson businesseconomyfew Change image and share on social
'The Old Social Classes and the Revolutionary Movement in Iraq,' by Hanna Batatu. Few may wish to take on this massive, obscure work, but it changed my life, and I love it. Adam Davidson batatuchangeclass Change image and share on social
The cardinal rule of taxation is that whatever you put a levy on, you'll inevitably get less of. Taxing corporate activity means less investing, less hiring, fewer jobs and a smaller economy, which hurts the rich, the poor and the middle class alike. Adam Davidson activityalikecardinal share on social
When you cover the economy as a reporter, there's one part of the job that is always easy: finding economists who disagree. Adam Davidson coverdisagreeeasy Change image and share on social
The economics profession advances by one confusing financial disaster at a time. Adam Davidson advanceconfusedisaster Change image and share on social
In poor countries, the rich and powerful crush the poor and powerless. Adam Davidson countrycrushpoor Change image and share on social
When you see a merger between two giants in a declining industry, it can look like the financial version of a couple having a baby to save a marriage. Adam Davidson babycoupledecline Change image and share on social
I don't think that much change comes from economists. I think it comes more from political realities. Probably the two giants of the 20th century, who actually did shift government policy in the U.S. and around the world, were John Maynard Keynes and Milton Friedman. I don't see anybody in our system who is at that level of influence. Adam Davidson 20thcenturychange share on social
A rule of thumb: If the company you work for provides a product or service that's pretty much the same as what was offered last year and a few years before that, it might be time to start looking for something new. Adam Davidson companyofferpretty share on social