The growth of New England was a result of the aggregate efforts of a busy multitude, each in his narrow circle toiling for himself, to gather competence or wealth. The expansion of New France was the achievement of a gigantic ambition striving to grasp a continent. It was a vain attempt.
Francis ParkmanRelated topics
aggregate ambition attempt busy continent expansion gather grasp narrow result toiling vain wealthRelated quotes
There is a big divergence between views on a variety of policy issues from fiscal stimulus to financial regulation. It's my hope and my ambition for the economics profession that as we advance our knowledge, that those discussions will narrow in their focus, and that it will help to have more prudent policy-making down the road.
Lars Peter Hansen
My ability to persuade my wife to marry me [was] quite my most brilliant achievement ... Of course, it would have been impossible for any ordinary man to have got through what I had to go through in peace and war without the devoted aid of what we call, in England, one's better half.
Winston Churchill
There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.
Ludwig von Mises