Warning: Undefined array key "visitor_referer_type" in /var/www/vhosts/wordinf.com/core/app/libraries/Core.php on line 98
Harold Demsetz - Modern analysis has yet to describe...
Modern analysis has yet to describe inefficiency in a world where indivisibilities are present and knowledge is costly to produce. (Harold Demsetz)

Modern analysis has yet to describe inefficiency in a world where indivisibilities are present and knowledge is costly to produce.

Harold Demsetz

Related topics

analysis inefficiency knowledge modern present produce world yet

Related quotes

The entire lower world was created in the likeness of the higher world. All that exists in the higher world appears like an image in this lower world; yet all this is but One. View quote
Michel de Montaigne
Modern man thinks he loses something time when he does not do things quickly. Yet he does not know what to do with the time he gains except kill it. View quote
Erich Fromm
The world is a country which nobody ever yet knew by description; one must travel through it one's self to be acquainted with it. View quote
Philip Stanhope, 4th Earl of Chesterfield
On a cosmic scale, our life is insignificant, yet this brief period when we appear in the world is the time in which all meaningful questions arise. View quote
Paul Ricœur
It seemed unthinkable for me to leave the world forever before I had produced all that I felt called upon to produce. View quote
Ludwig van Beethoven