Economic Calculation

Famous quotes containing the words economic and/or calculation:

    Postmodernism is, almost by definition, a transitional cusp of social, cultural, economic and ideological history when modernism’s high-minded principles and preoccupations have ceased to function, but before they have been replaced with a totally new system of values. It represents a moment of suspension before the batteries are recharged for the new millennium, an acknowledgment that preceding the future is a strange and hybrid interregnum that might be called the last gasp of the past.
    Gilbert Adair, British author, critic. Sunday Times: Books (London, April 21, 1991)

    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)