The great investors are almost entirely clueless as to what their supposed "employees,” the corporation managers are doing. The CEOs are almost entirely clueless as to what the branch and facility managers are doing. And the management of each facility are almost entirely clueless as to what is going on within the black box of the actual production process. In the light of this reality, Mises' "entrepreneur”-so carefully and closely involved in the minutiae of choosing between technical possibilities of production, a brooding omnipresence guiding the efforts of every employee-is largely a construction of fantasy. It's quite ironic, in fact, considering that Mises starts out the block quote above with the announcement that the entrepreneur is not omnipresent.
Kevin CarsonRelated topics
above actual almost announcement black block box branch brooding choosing considering construction corporation entrepreneur facility fact fantasy great guiding light management minutia omnipresence process production quite quote reality technicalRelated quotes
...the splitting up of mankind into a multitude of infinitesimal governments, in accordance with their actual differences of dialect or their presumed differences of race, would be to undo the work of civilisation and renounce all the benefits which the slow and painful process of consolidation has procured for mankind...It is the agglomeration and not the comminution of states to which civilisation is constantly tending; it is the fusion and not the isolation of races by which the physical and moral excellence of the species is advanced. There are races, as there are trees, which cannot stand erect by themselves, and which, if their growth is not hindered by artificial constraints, are all the healthier for twining round some robuster stem.
Robert Gascoyne-Cecil, 3rd Marquess of Salisbury
I love Mougouch [Gorky's wife]. What about papa Cézanne.. .I like the wheat fields the plough the apricots those flirts of the sun. And bread above all. My lever is such with the purple.. .About 194 feet away from our house [In Armenia] on the road to the spring my father had a little garden with a few apple trees which had retired from giving fruit.. .This garden was identified as the 'Garden of Wish Fulfillment' and often I had seen my mother and other village women opening their bosoms and taking their soft and dependable breasts in their hands to rub them on the rocks. Above all this stood an enormous tree all bleached under the sun the rain the cold and deprived of leaves. This was the Holy Tree.. [quote in 1942].
Arshile Gorky
In one Eastern Shore town, a teacher reported to work one morning to find that someone had smashed the windows of her schoolhouse. Other black schools across Maryland were burned to the ground. Teachers received death threats. One was even beaten by an angry mob. But despite the risks, understand, students flocked to these schools in droves, often walking as many as eight to ten miles a day to get their education. In fact, the educational association that founded Bowie State wrote in their 1864 report that - and this is a quote - "These people are coming in beyond our ability to receive them.” Desperately poor communities held fundraisers for these schools, schools which they often built with their own hands. And folks who were barely scraping by dug deep into their own pockets to donate money.
Michelle Obama
As a theorist I have great advantages. All I need is a pencil (now a ball pen) and an empty pad of paper. There are analysts who sit and look vacantly out the window, but after the age of 20 I was not one of them. I ought to envy the new generation who have grown up with the computer, but I don't. None of them known to me sits idly at the console, improvising and experimenting in the way that a composer does at the piano. That ought to become increasingly possible. But up to now, in my observation, the computer is largely a black box into which researchers feed raw input and out of from which they draw various summarizing measures and simulations. Not having access to look around in the box, the investigator has less intuitive familiarity with the data than used to be the case in the bad old days.
Paul Samuelson
Such arguments ill become us, since the time of reformation came, under Gospel light. All distinctions of nations, and privileges of one above others, are ceased; Christians are taught to account all men their neighbours; and love their neighbours as themselves; and do to all men as they would be done by; to do good to all men; and Man-stealing is ranked with enormous crimes. Is the barbarous enslaving our inoffensive neighbours, and treating them like wild beasts subdued by force, reconcilable with all these Divine precepts? Is this doing to them as we would desire they should do to us? If they could carry off and enslave some thousands of us, would we think it just?-One would almost wish they could for once; it might convince more than Reason, or the Bible.
Thomas Paine
