Famous quotes containing the words austrian, school and/or economics:
“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)
“True it is that she who escapeth safe and unpolluted from out the school of freedom, giveth more confidence of herself than she who cometh sound out of the school of severity and restraint.”
—Michel de Montaigne (1533–1592)
“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)