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The reader might reflect that an awful lot of supposing has to take place in order for the quantity theory of money to be true.
--
Part I, Chapter 5, Mechanistic Modelling, p. 95

 

Paul Ormerod

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I wish to propose for the reader's favourable consideration a doctrine which may, I fear, appear wildly paradoxical and subversive. The doctrine in question is this: that it is undesirable to believe a proposition when there is no ground whatever for supposing it true.

 

Bertrand Russell

 

It has been frequently assumed that V is constant; and this indeed is the cornerstone of the quantity theory of money. But it seems fairly obvious that the velocity of circulation in fact depends on the short-term rate of interest.

 

Michal Kalecki

 

There is something for which Newton — or better to say not Newton alone, but modern science in general — can still be made responsible: it is splitting of our world in two. I have been saying that modern science broke down the barriers that separated the heavens and the earth, and that it united and unified the universe. And that is true. But, as I have said, too, it did this by substituting for our world of quality and sense perception, the world in which we live, and love, and die, another world — the world of quantity, or reified geometry, a world in which, through there is place for everything, there is no place for man. Thus the world of science — the real world — became estranged and utterly divorced from the world of life, which science has been unable to explain — not even to explain away by calling it "subjective".
True, these worlds are everyday — and even more and more — connected by praxis. Yet for theory they are divided by an abyss.
Two worlds: this means two truths. Or no truth at all.
This is the tragedy of the modern mind which "solved the riddle of the universe," but only to replace it by another riddle: the riddle of itself.

 

Alexandre Koyre

 

When in the summer of 1941 he (Hitler) gave me the order to prepare installations at Auschwitz where mass exterminations could take place, and personally to carry out these exterminations, I did not have the slightest idea of their scale or consequences. It was certainly an extraordinary and monstrous order. Nevertheless the reasons behind the extermination programme seemed to me right. I did not reflect on it at the time: I had been given an order, and I had to carry it out. Whether this mass extermination of the Jews was necessary or not was something on which I could not allow myself to form an opinion, for I lacked the necessary breadth of view.

 

Rudolf Hoss

 

The social justice brigade have been quick to blame the rioting on the usual suspects: inequality, unfairness, lack of opportunity. “This is happening,” they say, “because these youngsters are unemployed.” No, it isn’t. Who needs a job when you can deal drugs? That’s where the real money is. Besides, if they had to look for employment they might have to learn to read and write. “OK, then, it’s happening because they’re disengaged from society.” Oh, are they? How awful for them. Hey, come to think of it, that might have something to do with all the drugs! A TV reporter actually stopped one of them in the street and asked him why he was doing it, and he replied: “I’ve got no money.” And I thought: “Aw, isn’t that awful? My heart goes out to the poor little lad. He’s got no money, because he spent all his money on a Blackberry phone and a gram of heroin, innit. You’ve got money, you parasites. You get state benefits because other people work to pay for your room and board. You’ve got no job because you’re unemployable, and that’s because you’re inadequate. You’ve got no backbone, no morals, no knowledge, no intelligence, and you can’t be trusted. You’re like rats who shit in their own nest. And you’ll never make anything of yourselves because there’s nothing there to begin with.

 

Pat Condell