A Quote by Arthur Lewis

The subsistence level is only a conventional idea, and conventions change. — © Arthur Lewis
The subsistence level is only a conventional idea, and conventions change.
I think, with TG, in our own ways, we have been committed to the idea of evolution on some level and change on some level - that human behaviour may not be changeable, but one has to try and be optimistic and work towards content that might signify change.
If you're looking at a country like India, the basic subsistence in itself creates its own challenges. So I think that lends to a different level of innovation and a different level of entrepreneurship.
The conventions of society are all in the interests of morality. If you're conventional, you'll be good, in a negative sense, of course.
You don't want to move toward some utopian literary situation where everybody's free of all conventions. That's ridiculous! Conventions are what you need. You have nothing to break down if you don't have conventions.
It's probably conventional wisdom now that you bring openness of markets only after the market has developed to a certain level.
I understand now that boundaries between noise and sound are conventions. All boundaries are conventions, waiting to be transcended. One may transcend any convention if only one can first conceive of doing so.
I wonder where you got that idea from? I mean, the idea that it's feeble to change your mind once it's made up. That's a wrong idea, you know. Make up your mind about things, by all means - but if something happens to show that you are wrong, then it is feeble not to change your mind, Elizabeth. Only the strongest people have the pluck to change their minds, and say so, if they see they have been wrong in their ideas.
When your focus is social change and not financial change why wouldn't you want to share that openly? Innovation only succeeds when it's shared. If you're a pioneer and you come up with something that can change the world and you turn round and say 'I'm not going to share this idea with anyone' then you only impact the few and not the many.
When my films don't work it's usually because I tried some very experimental idea. I tried new ideas and they just didn't work, as opposed to trying to do something conventional and having it be so conventional nobody wanted to see it.
The conventional wisdom with David Mamet is, you do not change a word. And that agrees with me. If you want to change any of David's words, it's like wanting to change the iambic pentameter in Shakespeare - you should do something else.
For a first-time entrepreneur, there's nothing better than being in Silicon Valley because there is so much going on, and there's such a large number of inventors, that even a B level idea or a C level idea could be nurtured and be given venture capital there.
Because it is one thing to have free immigration to jobs. It is another thing to have free immigration to welfare. And you cannot have both. If you have a welfare state, if you have a state in which every resident is promises a certain minimal level of income, or a minimum level of subsistence, regardless of whether he works or not, produces it or not. Then it really is an impossible thing.
Subsistence increases only in an arithmetical ratio.
The challenge with a candidate like Donald Trump is he's not a conventional candidate, and he doesn't run a conventional campaign, and he doesn't answer questions in a conventional way.
It is manifestly unjust that a privileged few should continue to accumulate excess goods, squandering available resources, while masses of people are living in conditions of misery at the very lowest level of subsistence.
There may be some backward countries where the mass of the people are on a subsistence level and where, as an aftermath of wars or partial crop failures, the standard of living has to be drastically reduced, but this certainly is not the case in our prosperous nations.
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