Correcting Quotes
The principle of rotation... in the body of [bank] directors... breaks in upon the esprit de corps so apt to prevail in permanent bodies; it gives a chance for the public eye penetrating into the sanctuary of those proceedings and practices, which the avarice of the directors may introduce for their personal emolument, and which the resentments of excluded directors, or the honesty of those duly admitted, might betray to the public; and it gives an opportunity at the end of the year, or at other periods, of correcting a choice, which on trial, proves to have been unfortunate.
Thomas Jefferson
Market power and externalities are examples of a general phenomenon called market failure-the inability of some unregulated markets to allocate resources efficiently. When markets fail, public policy can potentially remedy the problem and increase economic efficiency. Microeconomists devote much effort to studying when market failure is likely and what sorts of policies are best at correcting market failures. As you continue your study of economics, you will see that the tools of welfare economics developed here are readily adapted to that endeavor. Despite the possibility of market failure, the invisible hand of the marketplace is extraordinarily important.
Greg Mankiw
I do not believe that it is wise or safe for us as a party to take refuge in mere negation and to say that there are no evils to be corrected. It seems to me that our attitude should be one of correcting evils and thereby showing that, whereas the Populists, Socialists, and others really do not correct evils at all, or else do so at the expense of producing others in aggravated form, on the contrary we Republicans hold the just balance and set ourselves as resolutely against improper corporate influence on the one hand as against demagogy and mob rule on the other. I understand perfectly that such an attitude of moderation is apt to be misunderstood when passions are greatly excited and when victory is apt to rest with the extremists on one side or the other; yet I think it is in the long run the only wise attitude...
Theodore Roosevelt
There is no author to whom my father thought himself more indebted for his own mental culture, than Plato, or whom he more frequently recommended to young student. I can bear similar testimony in regard to myself. The Socratic method, of which the Platonic dialogues are the chief example, is unsurpassed as a discipline for correcting the errors, and clearing up the confusions incident to the intellectus sibi permissus.
John Stuart Mill
When your techniques are rough it means you are forcing against the principles; proof that you are still immature. You will not be able to stand up to a stronger opponent - you must try to follow the principles. Your character comes out in your techniques. So do the habits of your mind. By correcting the techniques, you can correct the bad habits of your mind. If you constantly collide with others in your practice, your mind will develop a habit of clashing with other people.
Koichi Tohei
These rules are of use only in correcting the figures; since every man makes some mistakes in his first compositions and he who knows them not, cannot amend them. But you, knowing your errors, will correct your works and where you find mistakes amend them, and remember never to fall into them again. But if you try to apply these rules in composition you will never make an end, and will produce confusion in your works.
Leonardo da Vinci
Traditionally, the cost of change curve said that if we detect the need for a change early, it costs less to make the change than if we detect the need late. I tackled that curve by saying, let's almost intentionally make mistakes so we can practice correcting them. That practice will help reduce the cost of making changes late.
Our feeling was that the limiting factor on any change was not when it was done, but how much thinking was required.
Ward Cunningham
The socialist system of society should only be, and can only be, an historical product, born out of the school of its own experiences, born in the course of its realization, as a result of the developments of living history, which – just like organic nature of which, in the last analysis, it forms a part – has the fine habit of always producing along with any real social need the means to its satisfaction, along with the task simultaneously the solution. However, if such is the case, then it is clear that socialism by its very nature cannot be decreed or introduced by ukase. It has as its prerequisite a number of measures of force – against property, etc. The negative, the tearing down, can be decreed; the building up, the positive, cannot. New Territory. A thousand problems. Only experience is capable of correcting and opening new ways.
Rosa Luxemburg
A man has been entrusted to receive the Goal of creation by correcting himself. This action is called: "Which has been created by the Creator to be done.” This correction is the obtaining of the "intention to bestow.” Only in the degree of obtaining such an intention does a man become capable to receive what has been ordained for him by the Creator.
Baruch Ashlag
It is because we are predominantly purposeful beings that we are perpetually correcting our immediate sensations. But men are free not to be utilitarianly purposeful. They can sometime be artists, for example. In which case they may like to accept the immediate sensation uncorrected, because it happens to be beautiful.
Aldous Huxley
