Phys. I know that it is often a help to represent pressure and volume as height and width on paper; and so geometry may have applications to the theory of gases. But is it not going rather far to say that geometry can deal directly with these things and is not necessarily concerned with lengths in space? Math. No. Geometry is nowadays largely analytical, so that in form as well as in effect, it deals with variables of an unknown nature. ...It is literally true that I do not want to know the significance of the variables x, y, z, t that I am discussing. ... Phys. Yours is a strange subject. You told us at the beginning that you are not concerned as to whether your propositions are true, and now you tell us you do not even care to know what you are talking about. Math.
Arthur EddingtonRelated topics
beginning care deal effect far form geometry height help math nature now nowadays paper pressure say significance space strange subject talking tell theory unknown volume well width thingsRelated quotes
Traditionally, economic analysis treats the economic system as one of the givens. The term "design" in the title is meant to stress that the structure of the economic system is to be regarded as an unknown. An unknown in what problem? Typically that of finding a system that would be, in a sense to be specified, superior to the existing one. The idea of searching for a better system is at least as ancient as Plato's Republic, but it is only recently that tools have become available for a systematic, analytical approach to such search procedures. This new approach refuses to accept the institutional status quo of a particular time and place as the only legitimate object of interest and yet recognizes constraints that disqualify naive Utopias.
Leonid Hurwicz
Justice is the end of government. It is the end of civil society. It ever has been, and ever will be, pursued, until it be obtained, or until liberty be lost in the pursuit. In a society, under the forms of which the stronger faction can readily unite and oppress the weaker, anarchy may as truly be said to reign, as in a state of nature where the weaker individual is not secured against the violence of the stronger: And as in the latter state even the stronger individuals are prompted by the uncertainty of their condition, to submit to a government which may protect the weak, as well as themselves: so in the former state, will the more powerful factions be gradually induced by a like motive, to wish for a government which will protect all parties, the weaker as well as the more powerful.
Alexander Hamilton
Don't forget that God sees you and watches you when you are in pain; He perceives even the beating of your heart. Consequently, He will not leave you without consolation and His fatherly protection. Naturally, the saints rejoiced in their afflictions; as for us, let us at least manage to accept affliction or pain patiently.
My child, pray within your heart, and the name of Jesus will become for you a comforting balm so that you can bear this trial of yours in a way which benefits you. You will greatly benefit from this trial if you submit yourself to it patiently. So again I say to you, with the almighty armor of prayer continually approach the omnipotent Lord more often, and you will come to know how He wondrously lifts the burden of pain and marvellously gives rest to sufferers.
Ephraim of Arizona
The idea that our natural resources were inexhaustible still obtained, and there was as yet no real knowledge of their extent and condition. The relation of the conservation of natural resources to the problems of National welfare and National efficiency had not yet dawned on the public mind. The reclamation of arid public lands in the West was still a matter for private enterprise alone; and our magnificent river system, with its superb possibilities for public usefulness, was dealt with by the National Government not as a unit, but as a disconnected series of pork-barrel problems, whose only real interest was in their effect on the reëlection or defeat of a Congressman here and there-a theory which, I regret to say, still obtains.
Theodore Roosevelt
In my view-and that of most contemporary economists, I believe-Schumpeter's most original and most lastingly significant book was Theory of Economic Development, which appeared in 1911 (and was translated into English in 1934). It was at the University of Czernowitz, not far from the beginning of his career as an economist, that he worked out his conception of the entrepreneur, the maker of "new combinations,” as the driving force and characteristic figure of the fits-and-starts evolution of the capitalist economy. He was explicit that, while technological innovation was in the long run the most important function of the entrepreneur, organizational innovation in governance, finance, and management was comparable in significance.
Robert Solow
