Ken Quotes - page 3
Ken also identified the corporation, not "the market,” as the defining institution of modern economic activity, developing these and related themes both in his teaching and in such widely celebrated books as American Capitalism (1952) and The New Industrial State (1967). But his interest in these ideas persisted throughout his life. The central importance of the corporation, and the fear that government was no longer able to provide an adequate countervailing force against corporate influence exerted both legally and otherwise, was the subject of his last book, The Economics of Innocent Fraud.
Amartya Sen
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
Fellows were encouraged to revisit their former industries and make a report on any new perceptions they might have. One of these Fellows, Ken Bamforth, returned with news of an innovation in work practice and organization which had occurred in a new seam in the colliery where he used to work in the South Yorkshire coalfield. The seam, the Haighmoor, had become possible to mine "shortwall" because of improved roof control.
Eric Trist
It seems to me that in understanding MOND and its fundamentals we have only scratched the surface. If the developments of quantum mechanics and relativity are any lesson here, departures of such magnitude from long- and well-tested physics may bring with them completely new concepts, not summarized by mere modifications of the governing actions or the equations of motion. MOND may also turn out to bring in concepts that are presently beyond our ken.
Mordehai Milgrom
The busy chatter of the heat
Shrilled like a parakeet;
And shuddering at the noonday light
The dust lay dead and whiteAs powder on a mummy's face,
Or fawned with simian grace
Round booths with many a hard bright toy
And wooden brittle joy:The cap and bells of Time the Clown
That, jangling, whistled down
Young cherubs hidden in the guise
Of every bird that flies;And star-bright masks for youth to wear,
Lest any dream that fare
- Bright pilgrim - past our ken, should see
Hints of Reality.
Edith Sitwell
There is something to me very softening in the presence of a woman, some strange influence, even if one is not in love with them, which I cannot at all account for, having no very high opinion of the sex. But yet, I always feel in better humor with myself and every thing else, if there is a woman within ken.
Lord Byron
When illusions are over, when the distractions of sense, the vagaries of fancy, and the tumults of passion have dissolved even before the body is cold, which once they so thronged and agitated, the soul merges into intellect, intellect into conscience, conscience into the unbroken, awful solitude of its own personal accountability; and though the inhabitants of the universe were within the spirit's ken, this personal accountability is as strictly alone and unshared, as if no being were throughout immensity but the spirit and its God.
Henry Giles
