People who are cheaters, swindlers who can take advantage, … - John Komlos

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People who are cheaters, swindlers who can take advantage, especially of poor people... [who] do not have the education... the information. They cannot afford to buy the information so they get the short end of the stick... [O]pportunistic behavior is a big problem in the economy, and economists are not paying... attention...

John Komlos

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About John Komlos

(born 28 December 1944) is an American economic historian of Hungarian descent and former holder of the chair of economic history at the University of Munich.

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Originators like John Komlos:

Ha-Joon Chang Joseph E. Stiglitz Kate Raworth Paul Krugman Friedrich Hayek

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[I]n... 2017... 40% of the population evaluated their life as "struggling" and another 3%... "suffering."

I hope the present volume can... improve the teaching of economics by presenting a real-world perspective as opposed to the fantasy world of mainstream textbooks.

Today 21% of [total] annual income goes to 1% of households. ...That cannot be the basis of a good democracy.

People who are cheaters, swindlers who can take advantage, especially of poor people... [who] do not have the education... the information. They cann… - John Komlos

About John Komlos

Additional quotes by John Komlos