I very well remember Hayek's visit to Cambridge on his way to the London School. He expounded his theory and covered a black-board with his triangles. The whole argument, as we could see later, consisted in confusing the current rate of investment with the total stock of capital goods, but we could not make it out at the time.
Friedrich HayekRelated topics
argument capital current goods investment later london rate school see stock theory time total visit way well cambridge trianglesRelated quotes
Abba Macarius was asked, How should one pray? The old man said, There is no need at all to make long discourses; it is enough to stretch out ones hands and say, "Lord, as you will, and as you know, have mercy." And if the conflict grows fiercer say, "Lord, help!" He knows very well what we need and he shews us his mercy.
Macarius of Egypt
You wish, or rather, have decided, to remove a splinter from someone? Very well, but do not go after it with a stick instead of a lancet for you will only drive it deeper. Rough speech and harsh gestures are the stick, while even-tempered instruction and patient reprimand are the lancet. 'Reprove, rebuke, exhort,' says the Apostle (II Tim. 4:2), not 'batter'.
John Climacus
One of the jewels in the crown of Labour's time in office was the rescue of the National Health Service. As the Commonwealth Fund, the London School of Economics and the Nuffield Foundation have all shown, health reforms as well as additional investment were essential to improved outcomes, especially for poorer patients.
David Miliband
Previously I always thought it was just tactical and technique, but every match has become almost mental and physical-I try to push myself to move well. I try to push myself not to get upset and stay positive, and that's what my biggest improvement is over all those years. Under pressure I can see things very clear.
Roger Federer
I do not see in what way the face of a man should be a less interesting landscape than any other. A man, the physical person of a man, is a little world, like any other a country, with its towns, and suburbs... As a rule what is needed in a portrait is a great deal of the general, and very little of the particular.
Jean Dubuffet
