A recovery after a depression is as inevitable as that day follows night. It can not be permanently suppressed. Its vitality is so powerful that it will break down the barriers set up by the most arbitrary dictator. Hence there is developing a new confidence and a new faith in those principles which have formed the the foundation of economic evolution and industrial progress during the last several decades - principles which we have been proud to call "American principles," and for which we have been reared with a wholesome respect. There are still lacking the assurances of a broad and definitely defined opportunity and the elimination of certain unsound economic policies, thus limiting the application of these vital principles we have always known and retarding their ability to accelerate our economic recovery.
Alfred P. SloanRelated topics
ability arbitrary break call certain confidence day depression developing dictator elimination evolution faith industrial known last limiting night opportunity recovery respect set thus vital vitalityRelated quotes
P. Bernays has pointed out on several occasions that, since the consistency of a system cannot be proved using means of proof weaker than those of the system itself, it is necessary to go beyond the framework of what is, in Hilbert's sense, finitary mathematics if one wants to prove the consistency of classical mathematics, or even that of classical number theory. Consequently, since finitary mathematics is defined as the mathematics in which evidence rests on what is intuitive, certain abstract notions are required for the proof of the consistency of number theory.... In the absence of a precise notion of what it means to be evident, either in the intuitive or in the abstract realm, we have no strict proof of Bernays' assertion; practically speaking, however, there can be no doubt that it is correct...
Paul Bernays
The performance of business leaders during the next decade will play a major role in determining not only business but political and social trends for a long time to come. Here are some of the principal reasons:
- Business leaders control the economic well-being of and stockholder.
- The course of business shapes public opinion.
- Business leaders shape public opinion.
So, in addition to his or her prime responsibility of managing his or her enterprise at a profit, the business leader of today is faced with new and larger responsibilities. And, at the same time, the job of managing his or her enterprise at a profit is increasing in complexity. Consequently, the imposition of additional responsibilities makes the nation's task of developing an adequate number of properly equipped executive leaders a staggering one indeed.
Marvin Bower
I am presently at work on a dissertation dealing with the theory of international trade and foreign exchange rates. In dealing with this, studies of the intervention of recent years in the area of trade and exchange rates of different countries is of the greatest importance. I therefore hope to be able to begin a six month study tour to Switzerland, France and England at the end of May this year. After having collected the necessary material I intend - if the economic side can be arranged - during a stay of 6–12 months in England (probably Cambridge) or possibly the United States (in that case probably Harvard University) - to work out the above mentioned dissertation as a specimen for the doctoral degree in philosophy and pursue studies in general. I have not yet any detailed study plan. That should appropriately be set up after the arrival.
Bertil Ohlin
The study of inbreeding depression seems to me especially important in the study of human abilities, because inbreeding depression indicates genetic dominance, and the presence and degree of dominance are related to natural selection for the trait in the course of its biological evolution. It was of great interest to me to discover, for example, that of the several ability factors that can be extracted from the various subtests of the Wechsler Intelligence Scale for Children, the one that shows the greatest susceptibility to inbreeding depression is the g factor (Jensen, 1983b). This finding indicates that one of our most widely used standard psychometric tests of intelligence yields scores that reflect some part of the variance in the biological intelligence that has developed in the course of human evolution.
Arthur Jensen
Contrary to several conflicting stories, I got the name "Count" right in Kansas City in 1936 while at the Reno Club. I was known as Bill Basie at that time. One night, while we were broadcasting, the announcer called me to the microphone for those usual few words of introduction. He commented that Bill Basie was a rather ordinary name, and further that there were a couple of well-known bandleaders named Earl Hines and Duke Ellington. Then he said, "Bill, I think I'll call you Count Basie from now on. Is that all right with you?" I thought he was kidding, shrugged my shoulders and replied, "OK." Well that was the last time I was ever introduced as Bill Basie. From then on, it was Count Basie, and I never did lose that nickname. It's funny the way those things will stick.
Count Basie