"To dig holes in the ground", paid for out of savings, will increase, not only employment, but the real national dividend of useful goods and services. It is not reasonable, however, that a sensible community should be content to remain dependent on such fortuitous and often wasteful mitigations when once we understand the influences upon which effective demand depends.
--
Book 4, Chapter 16, Section 3, p. 220John Maynard Keynes
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However widely, or equally, or "fairly", it may be distributed, no general increase of the community's wealth can make any approach to satiating this need, the ground of which is the desire of every one to excel every one else in the accumulation of goods.
Thorstein Veblen
A reason to have computers understand natural language is that it’s an extremely effective way of communicating. What I came to realize is that the success of the communication depends on the real intelligence on the part of the listener, and that there are many other ways of communicating with a computer that can be more effective, given that it doesn’t have the intelligence.
Terry Winograd
All reading, in truth, is reading in a content area. To read the phrase "the law of diminishing returns" or "the law of supply and demand" requires that you know how the word "law" is used in economics, for it does not mean what it does in the phrase "the law of inertia" (physics) or "Grimm's law" (linguistics) or "the law of the land" (political science) or "the law of survival of the fittest" (biology). To the question, "What does 'law' mean?" the answer must always be, "In what context?"
Neil Postman
"I'm not the right person to talk about this. It doesn't seem right to me (the price paid by Real Madrid for footballer Cristiano Ronaldo, but I understand the social significance of football."
Jose Luis Rodriguez Zapatero
Many of our services cost more than do similar services in Europe, because, although we have a substantial quantitative deficiency of public services, the decision-takers and policy-makers, both inside and outside Government as I have said before today, being themselves from the better-off (to use a popular euphemism) sectors of our society, not only demand the highest standards of provision of public services to meet what they consider their own essential needs (for example, in public car parks); but also find it difficult to think of provision for the rest of the population in terms of standards relative to our real total resources.
John James Cowperthwaite
Keynes, John Maynard
Keys, Alicia
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