A Quote by Frank Knight

Conflicting economic interest is relatively unimportant as a cause of war. — © Frank Knight
Conflicting economic interest is relatively unimportant as a cause of war.
The truth seems . . . to be that in the ultimate and essential problem the economic factor is relatively superficial and unimportant.
It is the conflicting interests of the man and the woman, the home and the shop, the Church and the State, which cause the economic struggle, the war and the strife with which mankind is cursed and which make all long and pray for the reign of peace.
The likely economic effects [of the war in Iraq] would be relatively small... Under every plausible scenario, the negative effect will be quite small relative to the economic benefits.
One eighth of the whole population were colored slaves, not distributed generally over the Union, but localized in the Southern part of it. These slaves constituted a peculiar and powerful interest. All knew that this interest was, somehow, the cause of the war.
Imperialist exploitation and an unjust international economic order are a cause of war.
None of us are rational economic men as we're supposed to be portrayed in economic theory where mixes of passions, of desires, of moral principles, of self-deception, of altruism, of concern of others, of concerns for ourselves and an interest in our bank accounts. And social policies have to be responsive to the complexity of who we are as people or else, like the war on drugs, they're simply going to fail.
Though the poorest Americans voted for Hillary Clinton, many relatively wealthy people voted for Trump and generally it's a mistake to think that economics explains Trump. The US is doing relatively well, the economy has significantly recovered since 2008, unemployment rates are low. I would say rather that his appeal to the working class was cultural: "I'll bring back the kinds of jobs your fathers had," and, by implication, the whiter, simpler post-war world when America had no real economic competition.
The economic model was formed by the constraints that I had: a small space, relatively inexpensive building materials, relatively inexpensive investment, a very efficient service line or assembly line.
War can really cause no economic boom, at least not directly, since an increase in wealth never does result from destruction of goods.
We are in a war of a peculiar nature. It is not with an ordinary community, which is hostile or friendly as passion or as interest may veer about: not with a state which makes war through wantonness, and abandons it through lassitude. We are at war with a system, which by its essence, is inimical to all other governments, and which makes peace or war, as peace and war may best contribute to their subversion. It is with an armed doctrine that we are at war. It has, by its essence, a faction of opinion, and of interest, and of enthusiasm, in every country.
There is no perfect strategic decision. One always has to pay a price. One always has to balance conflicting objectives, conflicting opinions, and conflicting priorities. The best strategic decision is only an approximation - and a risk.
In Oxford before the war, I had, with this interest in mind, written a short textbook entitled, An Introduction to Economic Analysis and Policy. It was now my intention to rewrite this work.
The Brownback-Colyer administration's lack of interest in ending the border war was emblematic of economic recklessness on their watch that extended well beyond a failed tax experiment.
Where I was born and where and how I have lived is unimportant. It is what I have done with where I have been that should be of interest.
Lack of understanding of interrelatedness has caused numerous divisions and conflicts that are the cause of many major challenges in the world such as war, violence, terrorism, economic disparity, and exploitation.
War is the admission of defeat in the face of conflicting interests.
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