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Important Quotes

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Important Quotes

“At the heart of capitalism is the unification of knowledge and power. As Friedrich Hayek, the leader of the Austrian school of economics, put it, "To assume all the knowledge to be given to a single mind... is to disregard everything that is important and significant in the real world." Because knowledge is dispersed, power must be as well.”

Source: Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World

“The activity at this very moment must be the only thing that matters, to which one is fully given. If one is concentrated, it matters little what one is doing. The important, as well as the unimportant things, assume a new dimension of reality, because they have one's full attention.”

Ifs Wells Littles Important Matter Moments Reality Given Attention Activity Assuming Dimensions Concentration Unimportant Things That Matter Only Thing That Matters Unimportant Things

Book:THE ART OF LOVING

Source: THE ART OF LOVING

“If you tell certain people that you like Kerouac, they assume that's all you read, like you don't know anything else about literature. I recognize all the things that people dislike about the way he writes - his tone and the sentimentality of it all. But those books were there for me at a very important point in my life.”

People Ifs Knows Way Writing Important Book Certain Literature Like You Assuming Tone Dislike Sentimentality

Author:Ben Gibbard

“It is not the ownership of the instruments of production which it is important for the State to assume. If the State is able to determine the aggregate amount of resources devoted to augmenting the instruments and the basic rate of reward to those who own them, it will have accomplished all that is necessary. Moreover, the necessary measures of socialization can be introduced gradually and without a break in the general traditions of society.”

Source: General Theory Of Employment , Interest And Money