Reducing Quotes - page 3
And since any inflation, however modest at first, can help employment only so long as it accelerates, adopted as a means of reducing unemployment, it will do so for any length of time only while it accelerates. "Mild" steady inflation cannot help-it can lead only to outright inflation. That inflation at a constant rate soon ceases to have any stimulating effect, and in the end merely leaves us with a backlog of delayed adaptations, is the conclusive argument against the "mild" inflation represented as beneficial even in standard economics textbooks.
Friedrich Hayek
The earth had more oxygen in the past than it does now. Now you kids are going to be told in textbooks that the earth had no oxygen at the beginning, when life was evolving, called a "reducing atmosphere." That is baloney! [...] It could not have evolved with oxygen, or without oxygen! But, if you double the air pressure and increase oxygen, not only does your hemoglobin take on oxygen, like it's supposed to, your plasma will get oxygen saturated, which means you could run hundreds of miles, without getting tired! Adam and Eve didn't need a car. They could run to grandma's.
Kent Hovind
I paint very large pictures. I realize that historically the function of painting large pictures is painting something very grandiose and pompous. The reason I paint them however, - I think it applies to other painters I know -, is precisely because I want to be very intimate and human. To paint a small picture is to place yourself outside your experience, to look upon an experience as a stereopticon view or with a reducing glass. However you paint the larger picture, you are in it. It isn't something you command.
Mark Rothko
Repealing drug laws would remove the risks involved with producing and distributing drugs, bringing 'street prices' crashing down (it's estimated that a 'spoon' of heroin would cost about a quarter in the free market), thereby eradicating any incentive that criminals might have to compete with legitimate businesses, and greatly reducing if not eliminating altogether any economic reason to 'push' drugs on children.
L. Neil Smith
I adopt Mr. Darwin's hypothesis, therefore, subject to the production of proof that physiological species may be produced by selective breeding; just as a physical philosopher may accept the undulatory theory of light, subject to the proof of the existence of the hypothetical ether; or as the chemist adopts the atomic theory, subject to the proof of the existence of atoms; and for exactly the same reasons, namely, that it has an immense amount of primâ facie probability: that it is the only means at present within reach of reducing the chaos of observed facts to order; and lastly, that it is the most powerful instrument of investigation which has been presented to naturalists since the invention of the natural system of classification and the commencement of the systematic study of embryology.
Thomas Henry Huxley
Good jobs depend on sound tax policy. Last year, some in this hall thought my tax relief plan was too small; some thought it was too big. But when the checks arrived in the mail, most Americans thought tax relief was just about right. Congress listened to the people and responded by reducing tax rates, doubling the child credit, and ending the death tax. For the sake of long-term growth and to help Americans plan for the future, let's make these tax cuts permanent.
George W. Bush
I... chose rather to publish... in puris Naturalibus, or as they were produced as first, than be at the Trouble of reducing them into any other Form... I could not bear the Pains of reading over again a great Part of these Things; either from my being tired with them, or not caring to undergo the Pains and Study in new modelling them. But I have done in this as weakly Mothers, who give up their Offspring to the Care of their Friends, either to Nurse and bring up, or abandon to the wide World. One of which is Mr. Isaac Newton, my Collegue, a Man of great Learning and Sagacity, who revised my Copy and noted such Things as wanted Correction, and even gave me some of his own, which you will see here and there interspersed with mine, not without their due Commendations. The other is Mr. John Collins (who may be deservedly called the Mersennas of our Nation, Born to promote this Science, both with his own Labours, and those of others. Who with much Trouble took care of the Edition.
Isaac Barrow
An essential distinction exists between two stages in the process of advancing our knowledge of the laws of physical phenomena; the first stage consists in observing the relations of phenomena, whether of such as occur in the ordinary course of nature, or of such as are artificially produced in experimental investigations, and in expressing the relations so observed by propositions called formal laws. The second stage consists in reducing the formal laws of an entire class of phenomena to the form of a science; that is to say, in discovering the most simple system of principles, from which all the formal laws of the class of phenomena can be deduced as consequences.
William John Macquorn Rankine
The heavenly bodies move with such regularity, orderliness, and symmetry that it is truly a marvel; and they continue always to act in this manner ceaselessly, following the established system, without increasing or reducing speed and continuing without respite, as the Scripture says: Summer and winter, night and day they never rest.
Nicole Oresme
One moment's inattention, and the long expected death came at last-unexpectedly! In that agonized moment, sprawled helpless upon the uncaring ground, Polletti realized that no preparation for one's own death is possible. Death has had too much experience in catching men off guard, in piercing their attitudes and reducing their poses.
Robert Sheckley
Globalization creates interlocking fragility, while reducing volatility and giving the appearance of stability. In other words it creates devastating Black Swans. We have never lived before under the threat of a global collapse. Financial Institutions have been merging into a smaller number of very large banks. Almost all banks are interrelated. So the financial ecology is swelling into gigantic, incestuous, bureaucratic banks - when one fails, they all fall. The increased concentration among banks seems to have the effect of making financial crisis less likely, but when they happen they are more global in scale and hit us very hard. We have moved from a diversified ecology of small banks, with varied lending policies, to a more homogeneous framework of firms that all resemble one another. True, we now have fewer failures, but when they occur... I shiver at the thought.
Nassim Nicholas Taleb
