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Theory Quotes

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Theory Quotes

“The world runs on individuals pursuing their self interests. The great achievements of civilization have not come from government bureaus. Einstein didn't construct his theory under order from a bureaucrat. Henry Ford didn't revolutionize the automobile industry that way.”

“I have nothing but myself to write about, no facts, no theories, no opinions, no adventures, no sentiments, nothing but my own poor barren individualism, of considerable interest to me, but I do not know why I should presume it will be so to you. Egotism is not tiresome, or it ought not to be, if one is sincere about oneself; but it is so hard to be sincere. Well, never mind, I mean to be, and you know me well enough to see through me when I am humbugging.”

“A masterly analysis of how political interests, economic circumstances, development strategies, and local history have shaped what are surprisingly different versions of the welfare state across the developing world. The authors combine fine-grained country analyses with intelligent use of data, and explain and extend the theory and literature on the modern welfare state. The book is both scholarly and readable.”

“My main professional interest during the 1970s has been in the dramatic change of concepts and ideas that has occurred in physics during the first three decades of the century, and that is still being elaborated in our current theories of matter. The new concepts in physics have brought about a profound change in our world view; from the mechanistic conception of Descartes and Newton to a holistic and ecological view, a view which I have found to be similar to the views of mystics of all ages and traditions.”

“As Eastern thought has begun to interest a significant number of people, and meditation is no longer viewed with ridicule or suspicion, mysticism is being taken seriously even within the scientific community. An increasing number of scientists are aware that mystical thought provides a consistent and relevant philosophical background to the theories of Contemporary science, a conception of the world in which the scientific discoveries of men and women can be in perfect harmony with their spiritual aims and religious beliefs.”

“If, of course, one builds into the concept of an 'individual' all that Professor Hayek does in his Road To Serfdom, Individualism and Economic Order and many other works, which is, to put it briefly, the whole of laisser-faire economic theory, then plainly man as such a programmed predator has very little interest in being fraternal, or very little chance.”

“I've found him to be a disappointment. Wonderful speech in Egypt, and good intentions aside, foreign policy needs to be firmly grounded in reality, and understanding of a sort of chaos theory...[that is to say] it needs to be part good intention, part political intelligence, and part political savvy and knowledge of international interests and national burdens. President Obama has been extremely short-sighted in this sense, and if he fails, it will be a tragic blow for peaceniks and multilateralists the world over, and a manna from heaven for the Republican party.”

“... we engage in politics because we don't know anything. This is clearly revealed in the way we go about it. Our parties exist from a fear of theory. The voter fears that one idea can always be contradicted by another. Therefore the parties reciprocally defend themselves against the few old ideas they have inherited. They don't live from what they promise, but from frustrating the promises of others. This is their silent community of interests.”

“In view of the importance of philanthropy in our society, it is surprising that so little attention has been given to it by economic or social theorists. In economic theory, especially, the subject is almost completely ignored. This is not, I think, because economists regard mankind as basically selfish or even because economic man is supposed to act only in his self-interest; it is rather because economics has essentially grown up around the phenomenon of exchange and its theoretical structure rests heavily on this process.”

“Mr. Greenspan did a very good job in the early 1990's. But recently he's fallen prey to this crazy theory that prosperity causes inflation. So they're trying to slow the economy down by raising interest rates. It's like a doctor saying you're in great health, so we have to make you sick a little bit. It's a bizarre theory. It's going to hurt our economy.”

“We have to work sincerely and responsibly to thwart any attempt to divide the Arab nation into small groups, with which foreign countries would deal separately. This would eventually be in the interests of Zionism, which stands behind such policies, formulating the relevant theories and promoting distorted information to world politicians, especially in the West, in order to make them adopt an approach which is harmful to the Arab nation and is even against the legitimate interests of their own countries.”

“Ethologists thus have an interest in looking at these capacities for the reliable acquisition of belief, and it is not surprising that they have a name for the true beliefs which are the typical product of these reliable capacities. They call them items of knowledge. So I argue that talk of knowledge may thereby be seen to be embedded within a successful empirical theory.”

“99% of our uses of animals, including our numerically most significant use of them for food, do not involve any sort of necessity or any real conflict between human and nonhuman interests. If animals matter morally at all, then, even without accepting a theory of animal rights, those uses of animals cannot be morally justified.”

“It is rational to choose the right means to your ends to develop very elegant abstract formal theories of rational choice, and then turn these into what look like moral theories. Philosophers tend to be ravished by the formal beauty of such theories, and they don't pay much attention to the fact that our human limitations make them pretty useless in practice, while the simple point about instrumental reasoning is too shallow to be of much real moral interest.”

“Adam Smith's uncritically enthusiastic modern disciples portray his invisible hand theory as saying that market forces reliably harness selfish individuals to serve the common good. That's often true, but as Darwin recognized clearly, many traits that serve the interests of individual animals make life more difficult for larger groups.”

“My primary early interest was in marketing and my aim was to improve its theories, methods and tools. Early on I pressed companies to adopt a consumer orientation and to be in the value creation business. I didn't pay much attention to the social responsibilities of business until later. Now I am pressing companies to address the triple bottom line: people, the planet, and profits. I found that companies were too much into short term profit maximization and they needed to invest more in sustainability thinking.”

“I think one of the reasons that we like conspiracy theories is I think that we like to feel like there is a group of people who are so smart and powerful that they can pull the wool over an entire country or in fact even an entire world's eyes. That certainly makes us feel like somehow we're protected, even if it's not in our best interest.”