I had, to be sure, been drawn into economics when the General Theory was an exciting revelation for students hungry for explanation and remedy of the Great Depression. At the same time, I was uncomfortable with several aspects of Keynes' theory, and I sought to improve what would now be called the microfoundations of his macroeconomic relations.
James TobinRelated topics
depression draw economics exciting explanation general great now remedy revelation seek several sure theory time relations keynes microfoundationsRelated quotes
Now, since the time of Newton there had been a debate about whether light was a wave---that is, a traveling disturbance in some background medium---or a particle, which travels regardless of the presence of a background medium. The observation of Maxwell that electromagnetic waves must exist and that their speed was identical to that of light ended the debate: light was an electromagnetic wave.
Lawrence M. Krauss
There used to be a thing or a commodity we put great store by. It was called the People. Find out where the People have gone. I don't mean the square-eyed toothpaste-and-hair-dye people or the new-car-or-bust people, or the success-and-coronary people. Maybe they never existed, but if there ever were the People, that's the commodity the Declaration was talking about, and Mr. Lincoln.
John Steinbeck
All religions worthy of the name are now making great efforts to purify their doctrines and return to their original standpoint, all except Christianity! You surely know that the nineteenth century Christianity is not the religion taught by Christ. Christ's religion has been changed and corrupted.
Virchand Gandhi
And a third danger is timidity. Few men are willing to brave the disapproval of their fellows, the censure of their colleagues, the wrath of their society. Moral courage is a rarer commodity than bravery in battle or great intelligence. Yet it is the one essential, vital quality of those who seek to change a world which yields most painfully to change.
Robert F. Kennedy
Every animal has his or her story, his or her thoughts, daydreams, and interests. All feel joy and love, pain and fear, as we now know beyond any shadow of a doubt. All deserve that the human animal afford them the respect of being cared for with great consideration for those interests or left in peace.
Ingrid Newkirk
