„Modern analysis has yet to describe inefficiency in a world where indivisibilities are present and knowledge is costly to produce.“

—  Harold Demsetz, p. 19; cited in: Eggertsson (1990; 23)
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Harold Demsetz7
American economist 1930
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Dietrich Bonhoeffer photo

„Costly grace is the Incarnation of God.
Costly grace is the sanctuary of God; it has to be protected from the world, and not thrown to the dogs.“

—  Dietrich Bonhoeffer German Lutheran pastor, theologian, dissident anti-Nazi 1906 - 1945
Context: God did not reckon his Son too dear a price to pay for our life, but delivered him up for us. Costly grace is the Incarnation of God. Costly grace is the sanctuary of God; it has to be protected from the world, and not thrown to the dogs. It is therefore the living word, the Word of God, which he speaks as it pleases him. Grace is costly because it compels a man to submit to the yoke of Christ and follow him; it is grace because Jesus says: "My yoke is easy and my burden is light." p. 49.

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Isaac Asimov photo

„We have overwhelming evidence that available information plus analysis does not lead to knowledge. The management science team can properly analyse a situation and present recommendations to the manager, but no change occurs. The situation is so familiar to those of us who try to practice management science that I hardly need to describe the cases.“

—  C. West Churchman American philosopher and systems scientist 1913 - 2004
C. West Churchman, "Managerial acceptance of scientific recommendations" in California Management Review, Vol 7 (1964), p. 33; cited in Management Systems (1971), by Peter P. Schoderbek, p. 199

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George Marshall photo

„There is a phase of this matter which is both interesting and serious. The farmer has always produced the foodstuffs to exchange with the city dweller for the other necessities of life. This division of labor is the basis of modern civilization. At the present time it is threatened with breakdown.“

—  George Marshall US military leader, Army Chief of Staff 1880 - 1959
Context: There is a phase of this matter which is both interesting and serious. The farmer has always produced the foodstuffs to exchange with the city dweller for the other necessities of life. This division of labor is the basis of modern civilization. At the present time it is threatened with breakdown. The town and city industries are not producing adequate goods to exchange with the food-producing farmer. Raw materials and fuel are in short supply. Machinery is lacking or worn out. The farmer or the peasant cannot find the goods for sale which he desires to purchase. So the sale of his farm produce for money which he cannot use seems to him an unprofitable transaction. He, therefore, has withdrawn many fields from crop cultivation and is using them for grazing. He feeds more grain to stock and finds for himself and his family an ample supply of food, however short he may be on clothing and the other ordinary gadgets of civilization. Meanwhile, people in the cities are short of food and fuel, and in some places approaching the starvation levels. So the governments are forced to use their foreign money and credits to procure these necessities abroad. This process exhausts funds which are urgently needed for reconstruction. Thus a very serious situation is rapidly developing which bodes no good for the world.

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Walid Jumblatt photo
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William Morris photo
Jawaharlal Nehru photo

„Peace has been said to be indivisible; so is freedom, so is prosperity now, and so also is disaster in this One World that can no longer be split into isolated fragments.“

—  Jawaharlal Nehru Indian lawyer, statesman, and writer, first Prime Minister of India 1889 - 1964
Context: The ambition of the greatest men of our generation has been to wipe every tear from every eye. That may be beyond us, but so long as there are tears and suffering, so long our work will not be over. And so we have to labour and to work, and work hard, to give reality to our dreams. Those dreams are for India, but they are also for the world, for all the nations and peoples are too closely knit together today for any one of them to imagine that it can live apart. Peace has been said to be indivisible; so is freedom, so is prosperity now, and so also is disaster in this One World that can no longer be split into isolated fragments. Quicktime excerpt http://www.harappa.com/nehrumov.html

Annie Besant photo

„That is the true definition of sin; when knowing right you do the lower, ah, then you sin. Where there is no knowledge, sin is not present.“

—  Annie Besant British socialist, theosophist, women's rights activist, writer and orator 1847 - 1933
In The immediate future: Lectures delivered in Queen's Hall, London, 1911 http://books.google.co.in/books?id=VGNbAAAAMAAJ, p. 32

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