Warning: Undefined array key "visitor_referer_type" in /var/www/vhosts/wordinf.com/core/app/libraries/Core.php on line 98
Commonplace Quotes - page 6 - Quotesdtb.com
Commonplace Quotes - page 6
If a prophecy is to be called infallible, I fairly demand that it should state beforehand legibly, clearly, and distinctly that which no man could previously have known, and that the same should thereafter take place at the time appointed, but that it should not take place because it has been predicted. If, however, such a prophecy can only be verified through allegorical interpretations of words and interpretation of words and things; if it be only composed of dark and dubious words, and the expressions it contains are commonplace, vague, and uncertain; if the matter was thought probable, or was foreseen by human cunning; if it occurs because it was predicted; if the words used refer to some other matter and are only applied to the prophecy by a quibble; if it is only written down after the event has occurred; if a prophetic book or passage is given out to be older than it is; or lastly, if the thing predicted does not take place at all, then the prophecy is either doubtful or false.
Hermann Samuel Reimarus
If Walter Bagehot was right that "one of the greatest pains to human nature is the pain of a new idea,” Ken caused an extraordinary amount of pain. Both in his economic thinking and in his political activities, he was dedicated to resisting, and where possible overturning, what he famously called "conventional wisdom” (one of his many turns of phrase that have since become commonplace locutions). Rejecting the standard economic theory based on small, anonymous households and firms that autonomously engage in perfectly functioning markets, Ken instead saw an economic stage dominated by large, nameable actors: big business, big labor, big government. Sorting out their roles and respective power was central to his analysis, and the continually shifting tensions in the interplay among them-"countervailing power” in another of his deft phrases-was the real story of how an economy behaved.
Amartya Sen