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Century Quotes

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Century Quotes

“From the 9th to the 15th centuries, the area which is now modern Spain was home to the greatest peaceful agglomeration of cultures ever known in the post-literate worldEven more remarkable than the flowering of art itself was the confluence of cultures that produced it: under the rule of Islam, Muslims, Jews and Christians lived and worked together in relative harmony.”

“If you want to get an interesting perspective do not think of Hugh as a traditional 20th century physicist but more of a Renaissance man with interests and skills in many different areas. He was smart and lots of things interested him and he brought the same general conceptual methodology to solve them. The subject matter was not so important as the solution ideas.”

“All of the progress that the US has made over the last couple of centuries has come from unemployment. It has come from figuring out how to produce more goods with fewer workers, thereby releasing labor to be more productive in other areas. It has never come about through permanent unemployment, but temporary unemployment, in the process of shifting people from one area to another.”

“I know that I come from mid-20th century America, urban, specifically downtown New York, specifically an Italian-American area, Roman Catholic - that's who I am. And a part of what I know is there's a decency to people who tried to make a living in the kind of world that was around us and also the Skid Row area of the Bowery; it impressed me.”

“We need to reverse three centuries of walling the for-profit and non-profit sectors off from one another. When you think for-profit and non-profit, you most often think of entities with either zero social return or zero return on capital and zero social return. Clearly, there's some opportunity in the spectrum between those extremes. What's missing is the for-profit finance industry coming in to that area. Look at the enormous diversity of the for-profit financial industry as opposed to monolithic nature of the non-profit world; it's quite astonishing.”

“One chronicler writes of an area of India during the end of the 20th century: Almost no-one in this slum was poor by Indian benchmarks. ... True, a few residents trapped rats and frogs and fried them for dinner. A few ate the scrub grass at the sewage lake edge. And these individuals, miserable souls, thereby made an inestimable contribution to their neighbors. They gave those slum dwellers who didn't fry rats and eat weeds a sense of their upward mobility.”

“It is not simply that these two cities are perched side by side at the edge of the Pacific; it is that adolescence sits next to middle age, and they don't know how to relate to each other. In a way, these two cities exist in different centuries. San Diego is a post-industrial city talking about settling down, slowing down, building clean industry. Tijuana is a preindustrial city talking about changing, moving forward, growing. Yet they form a single metropolitan area.”

“According to the management expert Peter F. Drucker, the term "entrepreneur" (from the French, meaning "one who takes into hand") was introduced two centuries ago by the French economist Jean-Baptiste Say to characterize a special economic actor-not someone who simply opens a business, but someone who "shifts economic resources out of an area of lower and into an area of higher productivity and greater yield." The twentieth-century growth economist Joseph A. Schumpeter characterized the entrepreneur as the source of the "creative destruction" necessary for major economic advances.”