A Quote by David Ricardo

It appears to me that one great cause of our difference in opinion on subjects which we often discuss is that you have always in mind the immediate and temporary effects of particular changes, whereas I put these effects quite aside, and fix my whole attention on the long-term effects that will result from them.

David Ricardo

Quote Topics

Always Appears Aside Attention Cause Changes Difference Discuss Effects Fix Great Immediate Long Long-Term Me Mind Often Opinion Our Particular Put Quite Result Subjects Temporary Term Them Whereas Which Whole Will

Quote Author

David Ricardo
British - Economist
April 18, 1772 - September 11, 1823

In an economy, an act, a habit, an institution, or a law, gives birth not only to an effect, but to a series of effects. Of these effects, the first only is immediate; it manifests itself simultaneously with its cause - it is seen. The others unfold in succession - they are not seen. Now this difference is enormous, for it is often true that when the immediate consequence is favorable, the ultimate consequences are fatal, and the converse.

Frederic Bastiat

What is working in the economy is a natural comeback plus some effects of the policies we've been following. But I'm sort of worried about the long term effects.

E. J. Dionne

Other effects in the show included models of the ships which were extremely expensive to make. We used to do our shots in front of a blue screen and they'd put the effects on after.

Gil Gerard

Man is made for science; he reasons from effects to causes, and from causes to effects; but he does not always reason without error. In reasoning, therefore, from appearances which are particular, care must be taken how we generalize; we should be cautious not to attribute to nature, laws which may perhaps be only of our own invention.

James Hutton

In the Small group the individual can know the effects of his actions on his several fellows, and the rules may effectively forbid him to harm them in any manner and even require him to assist them in specific ways. In the Great Society many of the effects of a person's actions on various fellows must be unknown to him. It can, therefore, not be the specific effects in the particular case, but only rules which define kinds of actions prohibited or required, which must serve as guides to the individual.

Friedrich August von Hayek

People hired by government know who is their benefactor. People who lose their jobs or fail to get them because of the government program do not know that that is the source of their problem. The good effects are visible. The bad effects are invisible. The good effects generate votes. The bad effects generate discontent, which is as likely to be directed at private business as at the government.

Milton Friedman

Upon the whole, necessity is something, that exists in the mind, not in objects; nor is it possible for us ever to form the most distant idea of it, consider'd as a quality in bodies. Either we have no idea of necessity, or necessity is nothing but that determination of thought to pass from cause to effects and effects to causes, according to their experienc'd union.

David Hume

The obvious one, in a market system, in a really functioning one, whoever's making the decisions doesn't pay attention to what are called externalities, effects on others. I sell you a car, if our eyes are open we'll make a good deal for ourselves but we're not asking how it's going to affect her [over there.] It will, there'll be more congestion, gas prices will go up, there will be environmental effects and that multiplies over the whole population. Well, that's very serious.

Noam Chomsky

Those great and glorious actions that dazzle our eyes with their luster are represented by statesmen as the result of great wisdomand excellent design; whereas, in truth, they are commonly the effects of the humors and passions.

Francois de La Rochefoucauld

All great changes are irksome to the human mind, especially those which are attended with great dangers and uncertain effects.

John Adams

In geology the effects to be explained have almost all occurred already, whereas in these other sciences effects actually taking place have to be explained.

James Croll

The majority of those who are loosely identified by the term 'liberals' are afraid to let themselves discover that what they advocate is statism. They want to keep all the advantages and effects of capitalism, while destroying the cause, and they want to establish statism without its necessary effects. They do not want to know or to admit that they are the champions of dictatorship and slavery.

Ayn Rand

What a sublime idea of the infinite might of the great Architect, the Cause of all causes, the Father of all fathers, the Ens Entium! For if we would compare the Infinite, it would surely require a greater Infinite to cause the causes of effects than to produce the effects themselves.

August Weismann

Nearly everybody nowadays accepts the 'causal completeness of physics' - every physical event (or at least its probability) has a full physical cause. This leaves no room for non-physical things to make a causal difference to physical effects. But it would be absurd to deny that thoughts and feelings (and population movements and economic depressions . . .) cause physical effects. So they must be physical things.

David Papineau

God thus excludes the world; he is only its cause; in no sense is he effect, of himself or anything else. Pantheism (better, "pandeism," for again it is not really the theos that is described) means that God is the integral totality of ordinary cause-effects, and that there, is no super-cause independent of ordinary causes and effects.