Economic Calculation

Famous quotes containing the words economic and/or calculation:

“The idealist’s programme of political or economic reform may be impracticable, absurd, demonstrably ridiculous; but it can never be successfully opposed merely by pointing out that this is the case. A negative opposition cannot be wholly effectual: there must be a competing idealism; something must be offered that is not only less objectionable but more desirable.”
—Charles Horton Cooley (1864–1929)

“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)