Economy Quotes (7)
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.
See also: | Distribution (4) | Government (28) | Industry (15) | Manipulation (2) | Newspaper (7) | Party (2) | Production (10) | Rule (16) | Society (24) | System (15) | Technology (38)
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.
Physics is experience, arranged in economical order.
'The Economical Nature of Physics' (1882), in Popular Scientific Lectures, trans. Thomas J. McConnack (1910), 197.
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.
See also: | Cause (49) | Complicated (6) | Conception (3) | Effect (15) | Law (134) | Nature (243) | Nature (243) | Phenomenon (25) | Simplicity (30) | Variation (14)
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.