Russ Roberts
Russ Roberts
Russell David "Russ" Robertsis a research fellow at Stanford University's Hoover Institution well known for communicating economics to non-economists as host of the EconTalk podcast...
struggle heart people
Capitalism involves struggle, but it has an invisible heart beating at its core that transforms people's lives.
gives pay perspective
That gives you a perspective on how much we pay in taxes.
basically company people remind side telling
They basically remind people that, when our company does well, so do the American people. We're telling our side of the story.
claim claims fantasy living offended public represent truly
They're truly living in a fantasy world. They claim to represent the public but we're offended by claims they make.
frivolous reminder suit totally
This is another sobering reminder of our litigation-crazed society. This suit is frivolous and it's totally without merit.
disagree
They have the right to speak. We just disagree with what they're saying.
biggest companies company nearly profitable
We feel like being the biggest company is not nearly as important to us as being one of the most profitable and efficiently managed companies in the world.
believe continue policy
We continue to believe that we have a policy in place that prohibits discrimination.
self comforting deception
Self-deception can be more comforting than self-knowledge. We like to fool ourselves.
believe unique lenses
I believe the power of Economics is to help provide a unique lens for looking at the world.
heart cutting men
Adam Smith was not a big fan of the pursuit of fame and fortune. His view of what we truly want, of what really makes us happy, cuts to the core of things. It takes him only twelve words to get to the heart of the matter: Man naturally desires, not only to be loved, but to be lovely.
incredibles results stability
The incredible stability in inflation is really a novel human experience. And the inflation is being the result of money.
world cost welcome
Welcome to the wonderful world of economics. Everything precious in life has a cost.
men way socialism
Under capitalism, man oppresses man. But under socialism, it's the other way around.