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Values Quotes

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Values Quotes

“Complete knowledge of the nature of an analytic function must also include insight into its behavior for imaginary values of the arguments. Often the latter is indispensable even for a proper appreciation of the behavior of the function for real arguments. It is therefore essential that the original determination of the function concept be broadened to a domain of magnitudes which includes both the real and the imaginary quantities, on an equal footing, under the single designation complex numbers.”

“As the revenue of the farmer is realized in raw produce, or in the value of raw produce, he is interested, as well as the landlord, in its high exchangeable value, but a low price of produce may be compensated to him by a great additional quantity.”

“Once public opinion is convinced that the increase in the quantity of money will continue and never come to an end, and that consequently the prices of all commodities will not cease to rise, everybody becomes eager to buy as much as possible and restrict his cash holdings to minimum size... If the credit expansion is not stopped in time, the boom turns to crack-up boom: the flight into real values begins, and the whole monetary system founders.”

“The page of my notebook was filled with many messy integrals, but all of a sudden I saw emerge a formula for counting. I had begun to calculate a quantity on the assumption that the result was a real number, but found instead that, in certain units, all the possible answers would be integers. This meant that areas and volumes cannot take any value, but come in multiples of fixed units.”