Quotessence
Home / Topics / Crisis Quotes

Crisis Quotes

Browse 2533 quotes about Crisis.

Related topics

Crisis Quotes

“The unphilosophical majority among men are the ones most helplessly dependent on their era's dominant ideas. In times of crises these men need the guidance of some kind of theory; but, being unfamiliar with the field of ideas, they do not know that alternatives to the popular theories are possible. They know only what they have always been taught.”

“To turn Karl [Popper]'s view on its head, it is precisely the abandonment of critical discourse that marks the transition of science. Once a field has made the transition, critical discourse recurs only at moments of crisis when the bases of the field are again in jeopardy. Only when they must choose between competing theories do scientists behave like philosophers.”

“Library of the Works of Ludwig von Mises”. Here is an article he wrote in 1951, some two years after his magnum opus Human Action appeared, where is lays out his case in a more popular form. The money sentences are “Economic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and must end in a slump, an economic crisis. It has happened again and again in the past, and it will happen in the future, too.”