Economy Quotes (17 quotes)
By virtue of the way it has organized its technological base, contemporary industrial society tends to be totalitarian. For 'totalitarian' is not only a terroristic political coordination of society, but also a non-terroristic economic-technical coordination which operates through the manipulation of needs by vested interests. It thus precludes the emergence of an effective opposition against the whole. Not only a specific form of government or party rule makes for totalitarianism, but also a specific system of production and distribution which may well be compatible with a 'pluralism' of parties, newspapers, 'countervailing powers,' etc.
One Dimensional Man (1964), 3.
Disease is largely a removable evil. It continues to afflict humanity, not only because of incomplete knowledge of its causes and lack of individual and public hygiene, but also because it is extensively fostered by harsh economic and industrial conditions and by wretched housing in congested communities. ... The reduction of the death rate is the principal statistical expression and index of human social progress. It means the saving and lengthening of lives of thousands of citizens, the extension of the vigorous working period well into old age, and the prevention of inefficiency, misery, and suffering. These advances can be made by organized social effort. Public health is purchasable. (1911)
Quoted in Evelynn Maxine Hammonds, Childhood's Deadly Scourge: The Campaign to Control Diphtheria in New York City, 1880-1930(1999), 221.
Human behaviour reveals uniformities which constitute natural laws. If these uniformities did not exist, then there would be neither social science nor political economy, and even the study of history would largely be useless. In effect, if the future actions of men having nothing in common with their past actions, our knowledge of them, although possibly satisfying our curiosity by way of an interesting story, would be entirely useless to us as a guide in life.
Cours d'Economie Politique (1896-7), Vol. 2, 397.
If that's how it all started, then we might as well face the fact that what's left out there is a great deal of shrapnel and a whole bunch of cinders (one of which is, fortunately, still hot enough and close enough to be good for tanning). Trying to find some sense and order in this mess may be as futile as trying to ... reconstruct the economy of Iowa from a bowl of popcorn.
In The Worst Years of our Lives: Irreverent Notes from a Decade of Greed (1995), 267.
In studying the fate of our forest king, we have thus far considered the action of purely natural causes only; but, unfortunately, man is in the woods, and waste and pure destruction are making rapid headway. If the importance of the forests were even vaguely understood, even from an economic standpoint, their preservation would call forth the most watchful attention of government
In The Mountains of California (1894), 198.
It appears unlikely that the role of the genes in development is to be understood so long as the genes are considered as dictatorial elements in the cellular economy. It is not enough to know what a gene does when it manifests itself. One must also know the mechanisms determining which of the many gene-controlled potentialities will be realized.
'The Role of the Cytoplasm in Heredity', in William D. McElroy and Bentley Glass (eds.), A Symposium on the Chemical Basis of Heredity (1957), 162.
It seems perfectly clear that Economy, if it is to be a science at all, must be a mathematical science. There exists much prejudice against attempts to introduce the methods and language of mathematics into any branch of the moral sciences. Most persons appear to hold that the physical sciences form the proper sphere of mathematical method, and that the moral sciences demand some other method—I know not what.
The Theory of Political Economy (1871), 3.
Nature's economy shall be the base for our own, for it is immutable, but ours is secondary. An economist without knowledge of nature is therefore like a physicist without knowledge of mathematics.
'Tankar om grunden til oeconomien', 1740, 406. Trans. Lisbet Koerner, Linnaeus: Nature and Nation (1999), 103.
Nature's economy shall be the base for our own, for it is immutable, but ours is secondary. An economist without knowledge of nature is therefore like a physicist without knowledge of mathematics.
'Tankar om grunden til oeconomien', 1740, 406. Trans. Lisbet Koerner, Linnaeus: Nature and Nation (1999), 103.
Over and over again, we must stress that a healthy ecology is the basis for a healthy economy.
Quoted in Glenn D. Paige, To Nonviolent Political Science (1993), 126.
Physics is experience, arranged in economical order.
'The Economical Nature of Physics' (1882), in Popular Scientific Lectures, trans. Thomas J. McConnack (1910), 197.
The advance from the simple to the complex, through a process of successive differentiations, is seen alike in the earliest changes of the Universe to which we can reason our way back, and in the earliest changes which we can inductively establish; it is seen in the geologic and climatic evolution of the Earth; it is seen in the unfolding of every single organism on its surface, and in the multiplication of kinds of organisms; it is seen in the evolution of Humanity, whether contemplated in the civilized individual, or in the aggregate of races; it is seen in the evolution of Society in respect alike of its political, its religious, and its economical organization; and it is seen in the evolution of all those endless concrete and abstract products of human activity which constitute the environment of our daily life. From the remotest past which Science can fathom, up to the novelties of yesterday, that in which Progress essentially consists, is the transformation of the homogeneous into the heterogeneous.
Progress: Its Law and Cause (1857), 35.
The simplicity of nature is not to be measured by that of our conceptions. Infinitely varied in its effects, nature is simple only in its causes, and its economy consists in producing a great number of phenomena, often very complicated, by means of a small number of general laws.
Philosophical Essay on Probabilities (1825), trans. Andrew I. Dale (1995), book 1, chap. 14.
The Unexpected stalks a farm in big boots like a vagrant bent on havoc. Not every farmer is an inventor, but the good ones have the seeds of invention within them. Economy and efficiency move their relentless tinkering and yet the real motive often seems to be aesthetic. The mind that first designed a cutter bar is not far different from a mind that can take the intractable steel of an outsized sickle blade and make it hum in the end. The question is how to reduce the simplicity that constitutes a problem (“It's simple; it's broke.”) to the greater simplicity that constitutes a solution.
In Making Hay (2003), 33-34.
There may be frugality which is not economy. A community, that withholds the means of education from its children, withholds the bread of life and starves their souls.
In Rush Welter, American Writings on Popular Education: The Nineteenth Century (1971), 76.
To feed applied science by starving basic science is like economising on the foundations of a building so that it may be built higher. It is only a matter of time before the whole edifice crumbles.
'Lest the Edifice of Science Crumble', New Scientist (1986), 111, 16.
When rich men are thus brought to regard themselves as trustees, and poor men learn to be industrious, economical, temperate, self-denying, and diligent in the acquisition of knowledge, then the deplorable strife between capital and labor, tending to destroy their fundamental, necessary, and irrefragable harmony will cease, and the world will no longer be afflicted with such unnatural industrial conflicts as we have seen during the past century...
Address (31 May 1871) to the 12th annual commencement at the Cooper Union, honoring his 80th birthday, in New York City Mission and Tract Society, Annual report of the New York City Mission and Tract Society (1872), 69.
At the heart of science is an essential balance between two seemingly contradictory attitudes--an openness to new ideas, no matter how bizarre or counterintuitive they may be, and the most ruthless skeptical scrutiny of all ideas, old and new. This is how deep truths are winnowed from deep nonsense. -- Carl Sagan