Famous quotes containing the words austrian, school and/or economics:
“The war shook down the Tsardom, an unspeakable abomination, and made an end of the new German Empire and the old Apostolic Austrian one. It ... gave votes and seats in Parliament to women.... But if society can be reformed only by the accidental results of horrible catastrophes ... what hope is there for mankind in them? The war was a horror and everybody is the worse for it.”
—George Bernard Shaw (1856–1950)
“There is nothing intrinsically better about a child who happily bounces off to school the first day and a child who is wary, watchful, and takes a longer time to separate from his parents and join the group. Neither one nor the other is smarter, better adjusted, or destined for a better life.”
—Ellen Galinsky (20th century)
“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)