46 Quotes by Adam Davidson

Economics is all about consumption. People either spend money now or they use financial instruments - like bonds, stocks and savings accounts - so they can spend more later.

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.

When you cover the economy as a reporter, there's one part of the job that is always easy: finding economists who disagree.

If the American government can't stand behind the dollar, the world's benchmark currency, then the global financial system will very likely enter a new era in which there is much less trade and much less economic growth. It would be, by most accounts, the largest self-imposed financial disaster in history.

Economics is not a discipline that comes to correct answers - economies are too complex.

If an alien with an accounting degree touched down in America, it might conclude that we're a weird cult that spends 11 months living frugally and four crazy weeks buying tons of stuff we don't need. It wouldn't be entirely wrong, either.

In poor countries, the rich and powerful crush the poor and powerless.

I'm not the first to admit that raising a child in Park Slope, Brooklyn, can bear an embarrassing resemblance to the TV show 'Portlandia.' My wife and I try to have some ironic distance from the culture of organic, chemical-free parenting, but we're often participants.

Most rich countries have reported increases in happiness as they become richer.