“The determination of the value of an item must not be based on its price, but rather on the utility it yields. The price of the item is dependent only on the thing itself and is equal for everyone; the utility, however, is dependent on the particular circumstances of the person making the estimate. Thus there is no doubt that a gain of one thousand ducats is more significant to a pauper than to a rich man though both gain the same amount.” MenPersonsValuesMoneyRichDoubtParticularAmountCircumstancesThousandEqualGainsDeterminationSignificantNo DoubtDependentYieldItemsUtilityRich Man Author:Daniel Bernoulli
“There is no philosophy which is not founded upon knowledge of the phenomena, but to get any profit from this knowledge it is absolutely necessary to be a mathematician.” KnowsPhilosophyScienceKnowledgeProfitMathematician Author:Daniel Bernoulli
“It would be better for the true physics if there were no mathematicians on earth.” IfsWould BeEarthScienceMathematicsMathPhysicsMathematicalMathematicianScience PhysicsMathematics By MathematiciansMathematical Logic Author:Daniel Bernoulli
“All birds need to fly are the right-shaped wings, the right pressure and the right angle.” NeedsBirdPressureWingsAngle Author:Daniel Bernoulli
