An important distinction exists between prospective and retrospective methods of calculating economic quantities such as incomes, savings, and investments; and... a corresponding distinction of great theoretical importance must be drawn between two alternative methods of defining these quantities. Quantities defined in terms of measurements made at the end of the period in question are referred to as ex post; quantities defined in terms of action planned at the beginning of the period in question are referred to as ex ante.
Gunnar MyrdalRelated topics
action alternative beginning calculating defining draw end great plan prospective question retrospectiveRelated quotes
When an individual passes from one period of life to another a time comes when he cannot go on in senseless activity and excitement as before, but has to understand that although he has out-grown what before used to direct him, this does not mean that he must live without any reasonable guidance, but rather that he must formulate for himself an understanding of life corresponding to his age, and having elucidated it must be guided by it. And in the same way a similar time must come in the growth and development of humanity.
Leo Tolstoy
Conditions to the north of us, in the Voronezh and Steppe Fronts zone of action, and our offensive on Kharkov demands that we not lose time and we commit all forces so that we can draw off as many divisions as possible from Kharkov. And even if we do not draw them off, at least we will not give Manstein the ability to take any of his units from our part of the front. If we attract one or two German tank divisions - it will be the best contribution to the defeat of the enemy in the south.
Aleksandr Vasilevsky
No matter how "right” you may be on various points, you must be diplomatic also. The first and important thing is not "rightness” at all, but Christian love and harmony. Most "crazy converts” have been "right” in the criticisms that led to their downfall; but they were lacking in Christian love and charity and so went off the deep end, needlessly alienating people around them and finally finding themselves all alone in their rightness and self-righteousness. Don't you follow them!...
Seraphim Rose
The decline of narrative can be seen as an effect of the blossoming of techniques and technologies since the Second World War, Which has shifted emphasis from the ends of action to this means; it can also be seen as an effect of the redeployment of advanced liberal capitalism after its retreat under the protection of Keynesianism during the period of 1930-1960, a renewal that has eliminated the communist alternative and valorized the individual enjoyment of goods and services.
Jean-François Lyotard
I don't think anyone in their right mind thinks you could stop the regime from developing nuclear weapons... What you would do is delay it but then give the regime the scope to retaliate. This would be poison. The cost would be huge for the people of Iran. Instead of bringing the state to the point of an uncontrolled explosion with no plan in mind, there is a better alternative... We propose a national congress that clearly sets out our proposals for changing the regime... You can support this, or try your chances with military action without a clear idea of the outcome.
Reza Pahlavi