Economic Calculation

Famous quotes containing the words economic and/or calculation:

“The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.”
—Ernest Hemingway (1899–1961)

“Common sense is the measure of the possible; it is composed of experience and prevision; it is calculation appled to life.”
—Henri-Frédéric Amiel (1821–1881)