...even Professors Of Economics, To Say Nothing

Knowledge Is More A Matter Of Learning Than Of The Exercise Of Absolute Judgment. Learning Requires Time, And In Time The Situation Dealt With, As Well As The Learner, Undergoes Change.

If All Properly Economic Problems Were Solved Once For All . . . The Social Struggle And Strife Would . . . [not Necessarily] Be Reduced In Amount Or Intensity . . . In The Absence Of Some Moral Revolution Which Could By No Means Be Assumed To Follow In Consequence Of This Change Itself.

Goods Move In Response To Price Differences From Points Of Low To Points Of Higher Price, The Movement Tending To Obliterate The Price Difference And Come To Rest.

Costs Merely Register Competing Attractions.

Never Waste Any Time You Can Spend Sleeping.