A Quote by Arthur Cecil Pigou
The gravitation constant is the same always. But the economic constants-these elasticities of demand and supply-depending, as they do, upon human consciousness, are liable to vary. The constitution of the atom, as it were, and not merely its position, changes under the influence of environment.
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Even if the constants which economists wish to determine were less numerous, and the method of experiment more accessible, we should still be faced with the fact that the constants themselves are different at different times. The gravitation constant is the same always. But the economic constants-these elasticities of demand and supply-depending, as they do, upon human consciousness, are liable to vary. The constitution of the atom, as it were, and not merely its position, changes under the influence of environment.
The variables vary too much and the constants aren't as constant as they seem.
You want supply to always be full, and you use price to basically either bring more supply on or get more supply off, or get more demand in the system or get some demand out.
We, the monarchs, are undoubtedly constants in a constantly changing world. Because we have always been there, but also because we do not get involved in everyday politics. We are aware of the political changes in our societies, but we don't comment on them. This is where we assume a unique position.
Since consciousness is the basis of all reality, any shift in consciousness changes every aspect of our reality. Reality is created by consciousness differentiating into cognition, moods, emotions, perceptions, behavior, speech, social interactions, environment, interaction with the forces of nature, and biology. As consciousness evolves, these different aspects of consciousness also change.
In the constitution of Spain as proposed by the late Cortes, there was a principle entirely new to me:... that no person born after that day should ever acquire the rights of citizenship until he could read and write. It is impossible sufficiently to estimate the wisdom of this provision. Of all those which have been thought of for securing fidelity in the administration of the government, constant reliance to the principles of the constitution, and progressive amendments with the progressive advances of the human mind or changes in human affairs, it is the most effectual.
The movement of a single atom from one known position to another known position changes an experience from nothing to overwhelming. This means that mind and matter at the quantum mechanical level are all spun together.
If strong economic conditions can partially reverse supply-side damage after it has occurred, then policymakers may want to aim at being more accommodative during recoveries than would be called for under the traditional view that supply is largely independent of demand.
The opinions that the price of commodities depends solely on the proportion of supply and demand, or demand to supply, has become almost an axiom in political economy, and has been the source of much error in that science.
A binding treaty and mandatory human rights due diligence would clean up slavery in global supply chains. Workers demand it, and consumers demand it.
There are 15 constants- the gravitational constant, various constants about the strong and weak nuclear force, etc.- that have precise values. If any one of those constants was off by even one part in a million, or in some cases, by one part in a million million, the universe could not have actually come to the point where we see it. Matter would not have been able to coalesce, there would have been no galaxy, stars, planets or people
The scary thing is a dramatic erosion of American position in the world - its economic, military position, as well as America's influence. Obama is not the man at the wheel desperately trying to conserve American power, influence and wealth. For ideological reasons, he wants the slipping to continue. He's actually the architect of it.
Need is not demand. Effective economic demand requires not merely need but corresponding purchasing power.
But that constant adjustment and adaptation to your new environment, all the variables are the same. There's always a promoter, there's always a rider, there's always a shower, and there's always a stage.
Agriculture is one economic activity that does not obey the laws of demand and supply.
The orchestration of press, radio and television to create a continuous, lasting and total environment renders the influence of propaganda virtually unnoticed precisely because it creates a constant environment.
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