Austrian Business Cycle

Famous quotes containing the words austrian, business and/or cycle:

“An Austrian army, awfully array’d,
Boldly by battery besiege Belgrade;
Cossack commanders cannonading come,
Deal devastation’s dire destructive doom;”
—Alaric Alexander Watts (1797–1864)

“Perpetual devotion to what a man calls his business is only to be sustained by neglect of many other things.”
—Robert Louis Stevenson (1850–1894)

“The cycle of the machine is now coming to an end. Man has learned much in the hard discipline and the shrewd, unflinching grasp of practical possibilities that the machine has provided in the last three centuries: but we can no more continue to live in the world of the machine than we could live successfully on the barren surface of the moon.”
—Lewis Mumford (1895–1990)