Position/economics

Famous quotes containing the words position and/or economics:

“Einstein is loved because he is gentle, respected because he is wise. Relativity being not for most of us, we elevate its author to a position somewhere between Edison, who gave us a tangible gleam, and God, who gave us the difficult dark and the hope of penetrating it.”
—E.B. (Elwyn Brooks)

“There is no such thing as a free lunch.”
—Anonymous.

An axiom from economics popular in the 1960s, the words have no known source, though have been dated to the 1840s, when they were used in saloons where snacks were offered to customers. Ascribed to an Italian immigrant outside Grand Central Station, New York, in Alistair Cooke’s America (epilogue, 1973)