Rise Quotes - page 18
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
Life is not lost by dying! Life is lost
Minute by minute, day by dragging day,
In all the thousand, small, uncaring ways,
The smooth appeasing compromises of time,
Which are King Herod and King Herod's men,
Always and always. Life can be
Lost without vision but not lost by death,
Lost by not caring, willing, going on
Beyond the ragged edge of fortitude
To something more - something no man has ever seen.
You who love money, you who love yourself,
You who love bitterness, and I who loved
and lost and thought I could not love again,
And all the people of this little town,
Rise up! The loves we had were not enough.
Something is loosed to change the shaken world,
And with it we must change!
Stephen Vincent Benét
It is not possible, I think, to rise from the perusal of the arguments of Clark and Spinoza without a deep conviction of the futility of all endeavors to establish, entirely à priori, the existence of an Infinite Being, His attributes, and His relation to the universe. The fundamental principle of all such speculations, viz. that whatever we can clearly conceive, must exist, fails to accomplish its end, even when its truth is admitted. For how shall the finite comprehend the infinite? Yet must the possibility of such conception be granted, and in something more than the sense of a mere withdrawal of the limits of phænomal existence, before any solid ground can be established for the knowledge, à priori, of things infinite and eternal.
George Boole