“The business of a Political Economist is neither to recommend nor to dissuade, but to state general principles, which it is fatal to neglect, but neither advisable, nor perhaps practicable, to use as the sole, or even the principal, guides in the actual conduct of affairs.” StatesUsePoliticalPrinciplesAffairGuidesNeglectSolePrincipalEconomistAdvisable Book:Political Economy Source: Political Economy
“Some writers maintain arithmetic to be only the only sure guide in political economy; for my part, I see so many detestable systems built upon arithmetical statements, that I am rather inclined to regard that science as the instrument of national calamity.” PoliticalEconomyBuiltRegardInstrumentsGuidesStatementsCalamityArithmeticPolitical Economy Book:A treatise on political economy Source: A treatise on political economy
“The postwar [WWII] GI Bill of Rights - and the enthusiastic response to it on the part of America's veterans - signaled the shift to the knowledge society. Future historians may consider it the most important event of the twentieth century. We are clearly in the midst of this transformation; indeed, if history is any guide, it will not be completed until 2010 or 2020. But already it has changed the political, economic and moral landscape of the world.” IfsWorldMayImportantAmericaPoliticalMoralRightsEconomicCenturyEventsChangedTransformationBillsResponseGuidesLandscapeMidstHistorianVeteranEnthusiasticTwentieth CenturyWwiiBill Of RightsGisImportant Events Author:Peter Drucker