Liquidity Preference Function

Famous quotes containing the words preference and/or function:

    “Moral choices do not depend on personal preference and private decision but on right reason and, I would add, divine order.”
    —Basil Hume (b. 1923)

    “Philosophical questions are not by their nature insoluble. They are, indeed, radically different from scientific questions, because they concern the implications and other interrelations of ideas, not the order of physical events; their answers are interpretations instead of factual reports, and their function is to increase not our knowledge of nature, but our understanding of what we know.”
    —Susanne K. Langer (1895–1985)