A Quote by Fritz Machlup
When I reviewed Hayek's book, The Pure Theory of Capital, it is my sincere conviction that this work contains some of the most penetrating thoughts on the subject that have ever been published.
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You have started the book with this bubble over your head that contains a cathedral full of fire - that contains a novel so vast and great and penetrating and bright and dark that it will put all other novels ever written to shame. And then, as you get towards the end, you begin to realise, no, it's just this book.
After preliminary work by a number of other distinguished mathematicians and economists, game theory as a systematic theory started with von Neumann and Morgenstern's book, 'Theory of Games and Economic Behavior,' published in 1944.
You will want a book which contains not man's thoughts, but God's - not a book that may amuse you, but a book that can save you - not even a book that can instruct you, but a book on which you can venture an eternity - not only a book which can give relief to your spirit, but redemption to your soul - a book which contains salvation, and conveys it to you, one which shall at once be the Saviour's book and the sinner's.
If one writing contributed more than any other to the framework in which this work Sowell's Knowledge and Decisions developed, it would be an essay entitled 'The Use of Knowledge in Society,' published in the American Economic Review of September 1945, and written by F. A. Hayek . . In this plain and apparently simple essay was a deeply penetrating insight into the way societies function and malfunction, and clues as to why they are so often and so profoundly misunderstood.
I'm a reader of Chinese literature, I like their films, but also: I've had great difficulty getting my work published in China; very little of it has been published there. The first two attempts to have all of my work published, for instance, were refused without any reason ever being given.
Darwin's book, On the Origin of Species, was published in 1859. It is perhaps the most influential book that has ever been published, because it was read by scientist and non- scientist alike, and it aroused violent controversy. Religious people disliked it because it appeared to dispense with God; scientists liked it because it seemed to solve the most important problem in the universe-the existence of living matter. In fact, evolution became in a sense a scientific religion; almost all scientists have accepted it and many are prepared to 'bend' their observations to fit in with it.
For every Book of Job, there's a Book of Leviticus, featuring some of the most boring prose ever written. But if you were stranded on a desert island, what book would better reward long study? And has there ever been a more beautiful distillation of existential philosophy than the Book of Ecclesiastes?
I published my first book in 1982 - a collection of Irish folklore called Irish Folk & Fairy Tales. It is still in print today. My first young adult book was published a couple of years later, and I've been writing in both genres ever since.
With 'Interpreter,' I didn't know it was ever going to be a book, that they were going to be published. I was writing them in a vacuum for the most part. They were my apprentice work. Then the stories happened to become a book.
I continually get more information about a subject after the book has been published.
I do write, but for now I am keeping it all in the desk drawer. I have always written. The only book that I have published was "Revolution," during the election campaign, a book that contains both personal and political chapters. I have never been happy with what I have written, including three novels that, from my point of view, are incomplete.
It's not as if I've been unlucky. My books have been published and reviewed. I haven't lived through terrible literary suffering!
No one should ever finish a book they're not enjoying, no matter how popular or well reviewed the book is.
The book, as it stands, seems to me to be one of the most frightful muddles I have ever read, with scarcely a sound proposition in it beginning with page 45 [Hayek provided historical background up to page 45; after that came his theoretical model], and yet it remains a book of some interest, which is likely to leave its mark on the mind of the reader. It is an extraordinary example of how, starting with a mistake, a remorseless logician can end up in bedlam.
The most important single thing about string theory is that it's a highly mathematical theory, and the mathematics holds together in a very tight and consistent way. It contains in its basic structure both quantum mechanics and the theory of gravity. That's big news.
My views about the safety of Jews in the world have not been changed by the work on the Dreyfus affair or, for that matter, by the work I did on Franz Kafka for the book on him I published a year before the Dreyfus book appeared.
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