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Values Quotes

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Values Quotes

“Economics is a theoretical science and as such abstains from any judgement of value. It is not its task to tell people what ends they should aim at. It is a science of the means to be applied for attainment of ends chosen, not, to be sure, a science of the choosing of ends. Ultimate decisions, the valuations and the choosing of ends, are beyond the scope of any science. Science never tells a man how he should act; it merely shows how a man must act if he wants to attain definite ends.”

People Ifs Men Want Should Mean Ends Shows Values Decision Economics Tasks Ultimate Aim Chosen Judgement Definite Scope Theoretical Attainment Valuation

Book:Human Action

Source: Human Action

“The purchase of a bargain issue presupposes that the market's current appraisal is wrong, or at least that the buyer's idea of value is more likely to be right than the market's. In this process the investor sets his judgement against that of the market. To some this may seem arrogant or foolhardy.”

May Ideas Seems Values Process Issues Currents Judgement Investors Arrogant Bargains Buyers Appraisal Foolhardy

Author:Benjamin Graham

“Many causes may vitiate a writer's judgement of his own works. On that which has cost him much labour he sets a high value, because he is unwilling to think that he has been diligent in vain: what has been produced without toilsome efforts is considered with delight as a proof of vigorous faculties and fertile invention; and the last work, whatever it be, has necessarily most of the grace of novelty.”

Source: The works of Samuel Johnson, LL.D.: Together with his life, and notes on his Lives of the poets, by Sir John Hawkins, Knt. In eleven volumes ...

“If there should chance to be any mathematicians who, ignorant in mathematics yet pretending to skill in that science, should dare, upon the authority of some passage of Scripture wrested to their purpose, to condemn and censure my hypothesis, I value them not, and scorn their inconsiderate judgement. De Revolutionibus Coelestibus”

Ifs Should Purpose Values Chance Skills Authority Mathematics Dare Scripture Ignorant Judgement Pretending Passages Mathematician Hypothesis Scorn Censure Inconsiderate

Author:Nicolaus Copernicus