“Every change in conditions will make necessary some change in the use of resources, in the direction and kind of human activities, in habits and practices. And each change in the actions of those affected in the first instance will require further adjustments that will gradually extend through the whole of society. Every change thus in a sense creates a "problemfor society, even though no single individual perceives it as such; it is gradually "solvedby the establishment of a new overall adjustment.” FirstsHumansKindWholeUseActionIndividualPracticeSocietyConditionsHabitActivityResourcesInstancePerceiveAffectedEstablishmentAdjustmentHuman Activity Author:Friedrich August von Hayek
“Most people don't relate to and can't generate concern for something they don't encounter personally or feel personally affected by. People have to have the palpable negatives in their lives dissected for them in ways that let them understand the root causes of unhealthy, unhappy conditions in their lives and then be allowed to really see and feel the positive alternatives.” PeopleWayFeelsCausesConditionsConcernRootsUnhappyAlternativesRelateEncountersAffectedUnhealthyRoot Cause Author:Edward Norton
“Though business conditions may change, corporations and securities may change, and financial institutions and regulations may change, human nature remains the same. Thus the important and difficult part of sound investment, which hinges upon the investor's own temperament and attitude, is not much affected by the passing years.” YearsHumansMayImportantDifficultSoundAttitudeConditionsSecurityHuman NatureInstitutionsRemainsInvestmentFinancialPassingPassingsCorporationsAffectedInvestorsRegulationTemperamentHingesFinancial Institutions Book:The Intelligent Investor: A Book of Practical Counsel Source: The Intelligent Investor: A Book of Practical Counsel
“There is nothing in the way of amelioration of the conditions of life, of politics, of social and ethical matters, that may not be affected through the skilful application of those principles of advertising that, in business, have proved to be so wonderfully effective.” WayMayMatterSocialPrinciplesConditionsAdvertisingAffectedEthicalApplication Author:George Arthur French
“I think we are affected by others in all kinds of ways. I do understand what it's like to wish to control the conditions under which we can be affected by other human beings, but none of us really are.” ThinkingWayHumansKindWishHuman BeingsConditionsAll KindsAffected Author:Judith Butler