The history of the Austrian school remains unfinished, and what happens in the future may influence interpretations of the past as much as what has already occurred. An increasing number of economists, however, believe that a reconceptualization of the role the Austrian school has played in academic economics from the 1870s to the present would be more accurate than the prevailing view.
Alan O. EbensteinRelated topics
academic austrian believe economics future history increasing number past present school view remainsRelated quotes
I did not share President's view on the Palestine solution...The number that could be absorbed by Arab Palestine without creating a grave political problem would be inadequate, and to transform the country into a Jewish state capable of receiving a million or more immigrants would vastly exacerbate the political problem and imperil not only American but all Western influence in the Near East.
Dean Acheson
The probability that at ordinary temperatures a macroscopic number of molecules is assembled to give rise to the highly ordered structures and to the coordinated functions characterizing living organisms is vanishingly small. The idea of spontaneous genesis of life in its present form is therefore highly improbable, even on the scale of the billions of years during which prebiotic evolution occurred.
Ilya Prigogine
An increasing number of the young people in the IDF are the children of Russians and settlers, the hardest-core people against a division of the land. This presents a staggering problem. It's a different Israel. 16 percent of Israelis speak Russian. They've just got there, it's their country, they've made a commitment to the future there," Clinton said. "They can't imagine any historical or other claims that would justify dividing it.
Bill Clinton
The third dimension of three-dimensional economics, change, suggests that studying economics also means studying history. The process of change in society cannot be understood without considering the past and how it changed, eventually becoming the present. Change in political economy may be contrasted with the static approach of conventional economics that freezes time at a moment.
Samuel Bowles
Making the future and the road to the future wealth lies in the youth of the present and future, and rebuilding the nation's institutions based on knowledgeable scientific foundations that require promising human capacities derived from college graduates. Universities are the makers of men, we are proud of their role and of the efforts of their administrators.
Talal Abu-Ghazaleh