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Knowledge can be enormously costly, and is often scattered in widely uneven fragments, too small to be individually usable in read more
Knowledge can be enormously costly, and is often scattered in widely uneven fragments, too small to be individually usable in decision making. The communication and coordination of these scattered fragments of knowledge is one of the basic problems- perhaps the basic problem- of any society.
...we are entitled to make almost any reasonable assumption, but should resist making conclusions until evidence requires that we do read more
...we are entitled to make almost any reasonable assumption, but should resist making conclusions until evidence requires that we do so.
The first thing a man will do for his ideals is lie.
The first thing a man will do for his ideals is lie.
A man is not old until regrets take the place of dreams.
A man is not old until regrets take the place of dreams.
We do not have to visit a madhouse to find disordered minds; our planet is the mental institution of the read more
We do not have to visit a madhouse to find disordered minds; our planet is the mental institution of the universe.
Perhaps even these things, one day, will be pleasing to remember. - Aenid.
Perhaps even these things, one day, will be pleasing to remember. - Aenid.
The most basic inherent constraint is that neither time nor wisdom are free goods available in unlimited quantity. This means read more
The most basic inherent constraint is that neither time nor wisdom are free goods available in unlimited quantity. This means that in social processes, as in economic processes, it is not only impossible to attain perfection but irrational to seek perfection- or even to seek the "best possible" result in each separate instance.
There is no reason why humanity cannot be served equally by weighty and trivial motives.
There is no reason why humanity cannot be served equally by weighty and trivial motives.
A healthy appetite for righteousness, kept in due control by good manners, is an excellent thing; but to "hunger and read more
A healthy appetite for righteousness, kept in due control by good manners, is an excellent thing; but to "hunger and thirst" after it is often merely a symptom of spiritual diabetes.
