Ratio Quotes - page 6
I can now present the first fundamental law of capitalism, which links the capital stock to the flow of income from capital. The capital/income ratio β is related in a simple way to the share of income from capital in national income, denoted α. The formula is
α = r × β
Where r is the rate of return on capital.
For example, if β=600% and r = 5%, then α = r × β = 30%.
In other words, if national wealth represents the equivalent of six years of national income, and the rate of return on capital is 5 percent per year, then capital's share in national income is 30 percent.
Thomas Piketty
So far as I have listened, before a revolution can take place, the population must lose faith in both the police and the courts.”
"Elementary. Go on.”
"Well...high taxation is important and so is inflation of the currency and the ratio of the productive to those on the public payroll. But that's old hat; everybody knows that a country is on the skids when its income and outgo get out of balance and stay that way-even though there are always endless attempts to wish it away by legislation.
Robert A. Heinlein
Herschel's argument was... Since with such a telescope one can see a star ten times as far off as is possible to the naked eye, this telescope has the power of penetrating into space ten times farther than the eye alone. But this number ten, also, expresses the ratio of the diameter of the objective to that of the pupil of the eye, consequently the general law is that the space-penetrating power of a telescope is found by dividing the diameter of the mirror in inches by two-fifths. The diameter of the pupil of the eye (two fifths of an inch) Herschel determined by many measures.
William Herschel
[T]he establishment of freedom of trade and of a general disposition to remove from trade every possible restriction and every possible burden...has been the main agent in raising the commerce of the United Kingdom to that extraordinary position it has now attained. I apprehend that I am stating the matter very moderately if I put it thus, that in the course of the last 30 years our population has increased somewhere about 25 or 30 per cent., while our trade in the same period has increased in the ratio of certainly something not much under 400 per cent.
William Ewart Gladstone
If you don't fund the State Department fully, then I need to buy more ammunition, ultimately. So I think it's a cost-benefit ratio. The more that we put into the State Department's diplomacy, hopefully the less we have to put into a military budget as we deal with the outcome of an apparent American withdrawal from the international scene.
James Mattis
Professionally our methods of transmitting and reviewing the results of research are generations old and by now are totally inadequate for their purpose. If the aggregate time spent in writing scholarly works and in reading them could be evaluated, the ratio between these amounts of time might well be startling. Those who conscientiously attempt to keep abreast of current thought, even in restricted fields, by close and continuous reading might well shy away from an examination calculated to show how much of the previous month's efforts could be produced on call. Mendel's concept of the laws of genetics was lost to the world for a generation because his publication did not reach the few who were capable of grasping and extending it; and this sort of catastrophe is undoubtedly being repeated all about us, as truly significant attainments become lost in the mass of the inconsequential.
Vannevar Bush
In the second part of the Phaedrus Plato attempts to clarify the nature of "true” rhetoric. ... it does not arise from a posterior unity which presupposes the duality of ratio and passio, but illuminates and influences the passions through its original, imaginative characters. Thus philosophy is not a posterior synthesis of pathos and logos but the original unity of the two under the power of the original archai. Plato sees true rhetoric as psychology which can fulfill its truly "moving” function only if it masters original images [eide]. Thus the true philosophy is rhetoric, and the true rhetoric is philosophy, a philosophy which does not need an "external” rhetoric to convince, and a rhetoric that does not need an "external” content of verity.
Ernesto Grassi
In his first annual message to Congress the same views are forcibly presented, and are again urged in his eighth message. I repeat that the adoption of the fifteenth amendment to the Constitution completes the greatest civil change and constitutes the most important event that has occurred since the nation came into life. The change will be beneficial in proportion to the heed that is given to the urgent recommendations of Washington. If these recommendations were important then, with a population of but a few millions, how much more important now, with a population of 40,000,000, and increasing in a rapid ratio.
Ulysses S. Grant
