In some respects this is intended to be a revolutionary book, but in other respects it is very traditional indeed. It is revolutionary in that we have developed a comprehensive analytical framework to examine and explain the rise of the Western world; a framework consistent with and complementary to standard neoclassical economic theory.
Douglass NorthRelated topics
book complementary comprehensive rise traditional western neoclassicalRelated quotes
A Constitution is not intended to embody a particular economic theory... It is made for people of fundamentally differing views, and the accident of our finding certain opinions natural and familiar, or novel, and even shocking, ought not to conclude our judgment upon the question whether statutes embodying them conflict with the Constitution of the United States.
Oliver Wendell Holmes Jr.
I have this theory about words: There's a thousand ways to say "Pass the salt." It could mean, you know, "Can I have some salt?" or it could mean, "I love you." It could mean "I'm very annoyed with you" – really, the list could go on and on. Words are little bombs, and they have a lot of energy inside them.
Christopher Walken
When we planned our country's economic development, we had the strategic objective of our Revolution in mind. It was not planned for economic development [to be] solely an end in itself. There are some who have forgotten that the sole basis of our revolutionary struggle was the ideology and politics which we follow...
Mengistu Haile Mariam
Mr. David Stockman has said that supply-side economics was merely a cover for the trickle-down approach to economic policy - what an older and less elegant generation called the horse-and-sparrow theory: If you feed the horse enough oats, some will pass through to the road for the sparrows.
John Kenneth Galbraith
The world has arisen in some way or another. How it originated is the great question, and Darwin's theory, like all other attempts to explain the origin of life, is thus far merely conjectural. I believe he has not even made the best conjecture possible in the present state of our knowledge.
Louis Agassiz