Mechanism Quotes - page 5
My work in this area started around 1950 when I was still with the Cowles Commission. I was writing a more or less expository paper dealing with activity analysis...and happened to use the term "decentralization,” which was then often applied to the market mechanism as a sort of a selling point. But when I used the word "decentralization” I thought I should explain what I meant. So I made a footnote mark, went to the bottom of the page, and began writing, "By decentralization we mean...” But then it struck me that I did not know what we meant by decentralization. That was the beginning of many years of work trying to clarify the concept, because I thought that if we think this property is so important, we should be able to define what it is.
Leonid Hurwicz
Some people think they can explain rationally, by thought, what they think. But that is extremely relative... There is no ultimate Truth. The dialectic is an amusing mechanism which guides us / in a banal kind of way / to the opinions we had in the first place. Does anyone think that, by a minute refinement of logic, he has demonstrated the truth and established the correctness of these opinions? Logic imprisoned by the senses is an organic disease.
Tristan Tzara
You had to play the big scene,” he said coldly. "Stand on your rights, talk about the law. How ingenuous can a man get, Marlowe? A man like you who is supposed to know his way around. The law isn't justice. It's a very imperfect mechanism. If you press exactly the right buttons and are also lucky, justice may show up in the answer. A mechanism is all the law was ever intended to be.
Raymond Chandler
The giraffe's neck supposedly supplies a crucial example for preferring natural selection over Lamarckism as a cause of evolution. But Darwin himself (however wrongly by later judgement) did not deny the Lamarckian principle of inheritance for characters acquired by use or lost by disuse. He regarded the Lamarckian mechanism as weak, infrequent, and entirely subsidiary to natural selection, but he accepted the validity of evolution by use and disuse. Darwin does speculate about the adaptive advantage of giraffe's necks, but he cites both natural selection and Lamarckism as probable causes of elongation.
Stephen Jay Gould
The parasite has somehow evolved to turn off the host's defenses, presumably by disarming the crab's immune response with some chemical trickery that fools the host into accepting the parasite as part of itself. ...The adult parasite castrates the host, not by directly eating the gonadal tissue, but by some unknown mechanism probably involving penetration of the interna's roots around and into the crab's nervous system.
Stephen Jay Gould
The consciousness of brutes would appear to be related to the mechanism of their body simply as a collateral product of its working, and to be as completely without any power of modifying that working as the steam-whistle which accompanies the work of a locomotive engine is without influence upon its machinery. Their volition, if they have any, is an emotion indicative of physical changes, not a cause of such changes.
Thomas Henry Huxley
When we approach the study of business cycle with the intention of carrying through an analysis that is truly dynamic and determinate in the above sense, we are naturally led to distinguish between two types of analyses: the micro-dynamic and the macro-dynamic types. The micro-dynamic analysis is an analysis by which we try to explain in some detail the behaviour of a certain section of the huge economic mechanism, taking for granted that certain general parameters are given. Obviously it may well be that we obtain more or less cyclical fluctuations in such sub-systems, even though the general parameters are given. The essence of this type of analysis is to show the details of the evolution of a given specific market, the behaviour of a given type of consumers, and so on.
Ragnar Frisch
The question always is, will it pay to bring an extra exchange transaction under the organizing authority? At the margin, the costs of organizing within the firm will be equal either to the costs of organizing in another firm or to the costs involved in leaving the transaction to be "organised” by the price mechanism. Business men will be constantly experimenting, controlling more or less, and in this way equilibrium will be maintained. This gives the position of equilibrium for static analysis.
Ronald Coase
The oxide superconductors, particularly those recently discovered that are based on La2CuO4, have a set of peculiarities that suggest a common, unique mechanism: they tend in every case to occur near a metal-insulator transition into an odd-electron insulator with peculiar magnetic properties. This insulating phase is proposed to be the long-sought "resonating-valence-bond" state or "quantum spin liquid" hypothesized in 1973. This insulating magnetic phase is favored by low spin, low dimensionality, and magnetic frustration. The preexisting magnetic singlet pairs of the insulating state become charged superconducting pairs when the insulator is doped sufficiently strongly.
Philip Warren Anderson
From the point of view of seeking a consensus of the moral imperative of individuals, such consensus being assumed to exist, the problem of choosing an electoral or other choice mechanism, or, more broadly, of choosing a social structure, assumes an entirely different form from that discussed in the greater part of this study.
Kenneth Arrow
It is remarkable how much of the utilised information men possess has been derived from the observations of astronomers. The mechanism of the universe was known before Harvey discovered the circulation of the blood, or Watt constructed a steam engine. The astronomers seem to have been the pioneers of every branch of human knowledge. The Old and the New Testament open astronomically: "In the beginning God created the heaven and the earth" (Gen., i., I). "The wise men from the east came to Jerusalem, saying, where is He that is born King of Jews? for we have seen His star in the east" (Matt., ii., 2). It must be remembered that the science of astronomy in one important respect differs from all other sciences. Astronomers are observers only - they ascertain causes by watching effects. They cannot interfere with or alter the causes in operation.
William Crookes
In a capitalist democracy there are essentially two methods by which social choices can be made: voting, typically used to make ‘political' decisions, and the market mechanism, typically used to make ‘economic' decisions. In the emerging democracies with mixed economic systems Great Britain, France, and Scandinavia, the same two modes of making social choices prevail, though more scope is given to the method of voting and to decisions based directly or indirectly on it and less to the rule of the price mechanism. Elsewhere in the world, and even in smaller social units within the democracies, the social decisions are sometimes made by single individuals or small groups and sometimes (more and more rarely in this modern world) by a widely encompassing set of traditional rules for making the social choice in any given situation, for example, a religious code.
Kenneth Arrow
"Hypnotized by their rear-view mirrors, philosophers and scientists alike tried to focus the figure of man in the old ground of nineteenth-century industrial mechanism and congestion. They failed to bridge from the old figure to the new. It is man who has become both figure and ground via the electrotechnical extension of his awareness. With the extension of his nervous system as a total information environment, man bridges art and nature.
Marshall McLuhan
Afghans want to regain their right to self-determination through a democratic or traditional mechanism acceptable to our people.... We are willing to move toward this noble goal. We consider this as part of our duty to defend humanity against the scourge of intolerance, violence and fanaticism.
Ahmad Shah Massoud
