Utility Quotes - page 6
The general theory of economic equilibrium was strengthened and made effective as an organon of thought by two powerful subsidiary conceptions - the Margin and Substitution. The notion of the Margin was extended beyond [Utility]] to describe the equilibrium point in given conditions of any economic factor which can be regarded as capable of small variations about a given value, or in its functional relation to a given value.
John Maynard Keynes
Even though principles of rationality seem as often violated as followed, we still cling to the notion that human thought should be rational, logical, and orderly. Much of law is based upon the concept of rational thought and behavior. Much of economic theory is based upon the model of the rational human who attempts to optimize personal benefit, utility, or comfort. Many scientists who study artificial intelligence use the mathematics of formal logic-the predicate calculus-as their major tool to simulate thought. [...] Human thought is not like logic; it is fundamentally different in kind and spirit. The difference is neither worse nor better. But it is the difference that leads to creative discovery and to great robustness of behavior.
Donald Norman
How many people ruin themselves by laying out money on trinkets of frivolous utility? What pleases these lovers of toys is not so much the utility, as the aptness of the machines which are fitted to promote it. All their pockets are stuffed with little conveniences. They contrive new pockets, unknown in the clothes of other people, in order to carry a greater number. They walk about loaded with a multitude of baubles, in weight and sometimes in value not inferior to an ordinary Jew's-box, some of which may sometimes be of some little use, but all of which might at all times be very well spared, and of which the whole utility is certainly not worth the fatigue of bearing the burden.
Adam Smith
This striving becomes understood completely as an end in itself-to such an extent that it appears as fully outside the normal course of affairs and simply irrational, at least when viewed from the perspective of the "happiness" or "utility" of the single individual. Here, people are oriented to acquisition as the purpose of life; acquisition is no longer viewed as a means to the end of satisfying the substantive needs of life. Those people in possession of spontaneous, fun-loving dispositions experience this situation as an absolutely meaningless reversal of a "natural" condition (as we would say today). Yet this reversal constitutes just as surely a guiding principle of [modern] capitalism as incomprehension of this new situation characterizes all who remain untouched by [modern] capitalism's tentacles.
Max Weber
Feeling prosperous means paying your utility bills on time and with a smile on your face. Prosperity means not only giving to the homeless person, but having a smile on your face when you do it. Prosperity also means buying fresh produce with a smile on your face instead of buying day-old bread or bargain overripe fruit with a scowl on your face. Still more, being prosperous means tipping generously with a smile on your face when the waiter has given you great service instead of trying to stiff him with a mere percent, or worse, no tip at all.
Ernie J Zelinski
As far as dreams were concerned-well dreams are generated by the random processes of neural oscillation during the brain's rest phases. What dreams do is cycle and recycle images and feelings, rationalisations and fears. There's nothing special about that. It's not the dreams that matter (chaff, mental turbulence, the rotating metal bars moving endlessly through the transparent tub of metaphorical slushy). It is what the problem-solving circuits in the mind make of the dreams. Dreams iterate and test mental schemas, discarding the maladaptive to return the adaptive to the slush to be reworked. Dreams are emotional preparations for solving problems-that is why we have evolved them, because problem-solving abilities are highly adaptive and thus strongly evolutionarily selected. Dreams intoxicate the individual out of reliance on common sense and preconception, and tempt her into the orbit of private logic. Dreams have utility.
Adam Roberts
If you're doing something like scheduling utility payments to come through your debit card or out of your personal checking account, that's perfectly fine. But there are much safer ways to handle situations with debt collectors. You can send a money order overnight, or wire the cash to them.
Dave Ramsey
I think there is at least one moral theory of respectable lineage and good independent credentials that can accommodate such fairly minimal intuitions about us and animals. This is the theory Hume offers us. I do not consider Hume a forerunner of utilitarianism, and therefore what I shall go on to say in defense of Hume is not intended as a defense of any version of utilitarianism. I see Hume to be much closer to Aristotle than to Mill, to be offering us a theory about human virtues, not a theory about utility maximization and the duties that might involve.
Annette Baier
Is it life?" he answered, "I would rather be without it," he said, "for there is queer small utility in it. You cannot eat it or drink it or smoke it in your pipe, it does not keep the rain out and it is a poor armful in the dark if you strip it and take it to bed with you after a night of porter when you are shivering with the red passion. It is a great mistake and a thing better done without, like bed-jars and foreign bacon.
Flann O'Brien
The first problem I propose to tackle is this: how much of its income should a nation save? To answer this a simple rule is obtained valid under conditions of surprising generality; the rule, which will be further elucidated later, runs as follows.
The rate of saving multiplied by the marginal utility of money should always be equal to the amount by which the total net rate of enjoyment of utility falls short of the maximum possible rate of enjoyment.
Frank P. Ramsey
If the present volume will help towards the comprehension of the fundamental principles on which the science of thermodynamics rests, and also serve to bring home the importance of a knowledge of these principles in the suggestion and interpretation of experimental work, the purpose which has been kept in view during its preparation will have been amply fulfilled. In any case, it is hoped that neither the extreme view that thermodynamic principles alone suffice in the construction of a systematic physical or chemical science, nor the equally mistaken opinion that they are of little practical utility to the experimental worker, can fairly result from its study.
J. R. Partington
Objections... inspired Kronecker and others to attack Weierstrass' "sequential" definition of irrationals. Nevertheless, right or wrong, Weierstrass and his school made the theory work. The most useful results they obtained have not yet been questioned, at least on the ground of their great utility in mathematical analysis and its implications, by any competent judge in his right mind. This does not mean that objections cannot be well taken: it merely calls attention to the fact that in mathematics, as in everything else, this earth is not yet to be confused with the Kingdom of Heaven, that perfection is a chimaera, and that, in the words of Crelle, we can only hope for closer and closer approximations to mathematical truth-whatever that may be, if anything-precisely as in the Weierstrassian theory of convergent sequences of rationals defining irrationals.
Eric Temple Bell
Is it life? I would rather be without it, for there is quare small utility in it. You cannot eat it or drink it or smoke it in your pipe, it does not keep the rain out and it is a poor armful in the dark if you strip it and take it to bed with you after a night's porter when you are shivering with the red passion. It is a great mistake and a thing better done without, like bed jars and foreign bacon. Many a man has spent a hundred years trying to get the dimensions of it and when he understands it at last and entertains the certain pattern of it in his head, be the hokey he takes to his bed and dies. He dies like a poisoned sheepdog. There is nothing so dangerous you can't smoke it, nobody will give you tuppence halfpenny for the half of it, and it kills you in the wind-up. It is a quare contraption, very dangerous, a certain death-trap.
Flann O'Brien
As long as the activity of linguists was limited to comparing one language with another, this general utility cannot have been apparent to most of the general public, and indeed the study was so specialised that there was no real reason to suppose it of possible interest to a wider audience. It is only since linguistics has become more aware of its object of study, i. e. perceives the whole extent of it, that it is evident that this science can make a contribution to a range of studies that will be of interest to almost anyone. It is by no means useless, for instance, to those who have to deal with texts. It is useful to the historian, among others, to be able to see the commonest forms of different phenomena, whether phonetic, morphological or other, and how language lives, carries on and changes over time.
Ferdinand de Saussure
