Efficacy Quotes
The need for general scientific understanding by the public has never been larger, and the penalty for scientific illiteracy never harsher... Lack of scientific fundamentals causes people to make foolish decisions about issues such as the toxicity of chemicals, the efficacy of medicines, the changes in the global climate.
Peter Agre
Men of science in former ages worked in secret, and instead of publishing their discoveries, taught them in secret to carefully selected pupils. Their motives for adopting that policy are readily intelligible, even if the merits of the policy may seem still open to discussion. At all events, their teaching has not been forgotten; it has been transmitted by secret initiation to men of our own time, and while its methods and its practical achievements remain secrets in their hands, it is open to any patient and earnest student of the question to satisfy himself that these methods are of supreme efficacy, and these achievements far more admirable than any yet standing to the credit of modern science.
Alfred Percy Sinnett
My brothers and my sisters, do always persevere in true and earnest prayer, and the Lord will hear you. Believe that the highest revelations of science are conformable to the doctrine of the efficacy of prayer; that in this doctrine the highest philosophy harmonizes with the purest devotion.
Keshub Chunder Sen
But further analysis and experience soon raised doubts about the efficacy of these new tools. Empirical research indicated that the Keynesian multiplier was much smaller than earlier analyses had assumed, reduced by a crowding out of interest-sensitive spending caused by an induced increase in the demand for money and by the effect of the larger national debt on long-term interest rates. The leakage of demand through imports and the effect of the fiscal expansion on the exchange rate further reduced the multiplier.
Martin Feldstein
Keynes did not challenge the efficacy of price adjustment mechanisms in clearing particular markets in the Marshallian partial equilibrium theory on which he had been reared. He did challenge the mindless application of those mechanisms to economy-wide markets. Founding what came to be known as macroeconomics, he was modeling a whole economy as a closed system. He knew he could not use the Marshallian assumption that the clearing of one market could be safely described on the assumption that the rest of the economy was unaffected.
James Tobin
Much has been said in the present debate about conciliation and the value of conciliatory measures to Ireland...Conciliatory legislation is infinitely superior; but it depends for its efficacy on the circumstances under which it is used, and on the manner in which it is applied. Deterrent legislation, if vigorous and strong, at least deters, whatever the value of that process may be. But conciliatory legislation only conciliates where there is a full belief on the part of those with whom you are dealing that you are acting on a principle of justice, and not that you are acting on motives of fear. Where there is a suspicion or a strong belief that your conciliatory measures have been extorted from you by the violence which they are meant to put a stop to, all the value of that conciliation is taken away.
Robert Gascoyne-Cecil, 3rd Marquess of Salisbury
Power, like vanity, is insatiable. Nothing short of omnipotence could satisfy it completely. And as it is especially the vice of energetic men, the causal efficacy of love of power is out of all proportion to its frequency. It is, indeed, by far the strongest motive in the lives of important men.
Love of power is greatly increased by the experience of power, and this applies to petty power as well as to that of potentates.
Bertrand Russell
