Loving paradox, Brooks, with the advantages of ten years' study, had swept away much rubbish in the effort to build up a new line of thought for himself, but he found that no paradox compared with that of daily events. The facts were constantly outrunning his thoughts. The instability was greater than he calculated; the speed of acceleration passed bounds. Among other general rules he laid down the paradox that, in the social disequilibrium between capital and labor, the logical outcome was not collectivism, but anarchism; and Henry made note of it for study.
Henry AdamsRelated topics
acceleration anarchism build capital collectivism daily effort found general henry instability labor lay line loving note outcome outrun paradox rubbish social speed study sweep ten thought years bounds brooks disequilibrium facts rulesRelated quotes
The new trade theory picture of the world looks something like this: Each country has, at any given time, a set of broad resources-land, skilled labor, capital, climate, general technological competence. These resources define up to a point the industries in which the country can hope to be competitive on world markets. [...] But a country's resources do not fully determine what it produces, because the detailed pattern of advantage reflects the self-reinforcing virtuous circles, set in motion by the vagaries of history.
Paul Krugman
I conclude by listing several main points of this essay:
1. Human capital is of great importance in the modern economy.
2. Human capital has become of much greater significance during the past two decades.
3. Human capital is crucial to the international division of labor.
4. Much unmeasured learning goes on in companies and by adults.
5. People need to invest in themselves during their whole lives.
6. Distance learning will become of crucial importance to the teaching and learning process.
7. Human capital stimulates technological innovations and the high-tech sector.
Gary Becker
The pace of life has increased in the last few decades just as the speed of the motor bicycle has been exceeded many times over by the aeroplane. After art passed through a whole series of intermediate stages it reached cubism where for the first time the creative urge to construct instinctively overcame conscious resolve.. ..from this point the picture started to gain stature as a new world of reality and in this way the foundation stone for a new representation of the shapes and forms of the material world was laid.
El Lissitsky
I have come across men of letters who have written history without taking part in public affairs, and politicians who have concerned themselves with producing events without thinking about them. I have observed that the first are always inclined to find general causes whereas the second, living in the midst of disconnected daily facts, are prone to imagine that everything is attributable to particular incidents, and that the wires they pull are the same as those that move the world. It is to be presumed that both are equally deceived.
Alexis de Tocqueville
Mathematicians may flatter themselves that they possess new ideas which mere human language is as yet unable to express. Let them make the effort to express these ideas in appropriate words without the aid of symbols, and if they succeed they will not only lay us laymen under a lasting obligation, but, we venture to say, they will find themselves very much enlightened during the process, and will even be doubtful whether the ideas as expressed in symbols had ever quite found their way out of the equations into their minds.
James Clerk Maxwell
