Liquidity Preference Function

Famous quotes containing the words preference and/or function:

    Do not discourage your children from hoarding, if they have a taste to it; whoever lays up his penny rather than part with it for a cake, at least is not the slave of gross appetite; and shows besides a preference always to be esteemed, of the future to the present moment.
    Samuel Johnson (1709–1784)

    Think of the tools in a tool-box: there is a hammer, pliers, a saw, a screwdriver, a rule, a glue-pot, nails and screws.—The function of words are as diverse as the functions of these objects.
    Ludwig Wittgenstein (1889–1951)