We could hold in Korea by constant maneuver and in an approximate area where our supply line advantages were in balance with the supply line disadvantages of the enemy, but we could hope at best for only an indecisive campaign with its terrible and constant attrition upon our forces if the enemy utilized its full military potential. I have constantly called for the new political decisions essential to a solution. Efforts have been made to distort my position. It has been said, in effect, that I was a warmonger. Nothing could be further from the truth. I know war as few other men now living know it, and nothing to me is more revolting. I have long advocated its complete abolition, as its very destructiveness on both friend and foe has rendered it useless as a means of settling international disputes. ... But once war is forced upon us, there is no other alternative than to apply every available means to bring it to a swift end.
Douglas MacArthurRelated topics
abolition alternative area attrition balance best campaign complete constant destructiveness effect end enemy essential few foe friend full hold hope international men line living maneuver military nothing now once political position potential revolting say settling solution supply swift truth war warmonger means korea forcesRelated quotes
All I can say is that I am well. I have the enemy closely hemmed in all round. My position is naturally strong and fortified against an attack from outside. I have been so strongly reinforced that Johnston will have to come with a mighty host to drive me away. I do not look upon the fall of Vicksburg as in the least doubtful. If, however, I could have carried the place on the 22nd of last month, I could by this time have made a campaign that would have made the State of Mississippi almost safe for a solitary horseman to ride over. As it is, the enemy have a large army in it, and the season has so far advanced that water will be difficult to find for an army marching, besides the dust and heat that must be encountered. The fall of Vicksburg now will only result in the opening of the Mississippi River and demoralization of the enemy. I intended more from it. I did my best, however, and looking back can see no blunder committed.
Ulysses S. Grant
The principles and the purposes expressed in the Charter of the United Nations continue to represent our hope for the eventual establishment of the rule of law in international affairs. The Charter constitutes the basic expression of the code of international ethics to which this country is dedicated. We cannot, however, close our eyes to the harsh fact that through obstruction and even defiance on the part of one nation, this great dream has not yet become a full reality. It is necessary, therefore, that we take additional measures to supplement the work of the United Nations and to support its aims. There are times in world history when it is far wiser to act than to hesitate. There is some risk involved in action - there always is. But there is far more risk in failure to act. For if we act wisely now, we shall strengthen the powerful forces for freedom, justice, and peace which are represented by the United Nations and the free nations of the world.
Harry S. Truman
As is often the case with major disputes in economics, the argument over fiscal policy went on for years, with some critics of fiscal policy still defending their position when this book went to press. It seems fair, however, to say that among economists a more or less Keynesian view of the effects of fiscal policy came to prevail. Careful statistical studies at the International Monetary Fund and else where showed that austerity policies have historically been followed by contraction, not expansion. Recent experience, in which countries like Spain and Greece that were forced into severe austerity also experienced severe slumps, seemed to confirm that observation. Furthermore, it was clear that those who had predicted a sharp rise in U. S. interest rates due to budget deficits, leading to conventional crowding out, had been wrong: U. S. long-term interest rates remained near record lows even during the years from 2009 to 2012, when the government ran very large deficits.
Paul Krugman
... Marx and Bakunin were engaged in a conflict in which it is hard to distinguish political from personal animosities. Marx did his best to persuade everybody that Bakunin was only using the International for his private ends, and in March 1870 he circulated a confidential letter to this effect. He also saw the hand of Bakunin (whom he never met after 1864) on every occasion when his own policies were opposed in the International. Bakunin, for his part, not only combated Marx's political programme but, as he often wrote, regarded Marx as a disloyal, revengeful man, obsessed with power and determined to impose his own despotic authority on the whole revolutionary movement. Marx, he said, had all the merits and defects of the Jewish character; he was highly intelligent and deeply read, but an inveterate doctrinaire and fantastically vain, an intriguer and morbidly envious of all who, like Lassalle, had cut a more important figure than himself in public life. (pp. 247-8)
Leszek Kołakowski
I think the basic misconception is to speak of the so-called "best” allocation of resources. What is the best? In common economics it is defined as what would be if we knew everything. Economists operate with the fictitious assumption that all the relevant data is known, but this is totally unrealistic. Nobody knows all the data. What we have is widely dispersed knowledge, which cannot be concentrated in one mind. To call the situation-which would use all the knowledge available-"optimal” is nonsense because it is by definition a non-achievable solution. Our problem is not the full utilization of all knowledge but the best use we can achieve with any known institutional structure. In that sense, some oligopolistic (and even monopolistic situations), represent the best possible utilization of knowledge that we can achieve. Even the action of a monopolist can be extremely beneficial.
Friedrich Hayek
