A Quote by James Meade

But my shift to the serious study of economics gradually weakened my belief in Major Douglas's A+B theorem, which was replaced in my thought by the expression MV = PT. — © James Meade
But my shift to the serious study of economics gradually weakened my belief in Major Douglas's A+B theorem, which was replaced in my thought by the expression MV = PT.
I think there's a general sense that the belief structures that existed and carried civilization forward have weakened to the point where they can no longer support it. They are not powerful enough to do it anymore because there is not enough serious belief in them.
I am practical by nature, and I'd heard that being a writer or an artist is a good way to starve! So I was an economics major at Oklahoma State, and then received an M.S. from Cornell in Agricultural Resource and Managerial Economics. I knew if I wanted to write I would do it on my own, but I knew I wouldn't make myself study economics on my own.
I started in the law; and the study of law, when it precedes the study of economics, gives you a set of foundation principles about how human beings interact. Economics is very useful, and I studied economics in graduate school. But without understanding the social and organizational context of economics, it becomes a theory without any groundwork.
Gradually, at various points in our childhoods, we discover different forms of conviction. There's the rock-hard certainty of personal experience ("I put my finger in the fire and it hurt,"), which is probably the earliest kind we learn. Then there's the logically convincing, which we probably come to first through maths, in the context of Pythagoras's theorem or something similar, and which, if we first encounter it at exactly the right moment, bursts on our minds like sunrise with the whole universe playing a great chord of C Major.
I think that if your tenure case depends on your proving what you thought was a mathematical theorem and the proposed theorem turns out to be false just before your tenure decision, and you want to get tenure very badly, there is a sense in which it's perfectly understandable and reasonable of you to wish the proposed theorem were true and provable, even if it's logically impossible for it to be.
Economic theory is the most prestigious subject of instruction and study. Agricultural economics, labor economics and marketing are lower caste fields of study.
I got serious about performing, and I got serious about acting. It's very funny; singing has always been a very separate thing for me - until I went to college. I just studied musical theater because I was like, 'That means I can study voice and acting in the same major, and I won't have to double major.' Now I do musicals for a living.
The frantic search of five-year-olds for friends can thus be seen to forecast the beginnings of a basic shift in the parent-childrelationship, a shift which will occur gradually over many long years, and in which a child needs not only the support of child allies engaged in the same struggle but also the understanding of his parents.
A miracle is a shift in perception from fear to love-from a belief in what is not real, to faith in that which is. That shift in perception changes everything.
If you have to prove a theorem, do not rush. First of all, understand fully what the theorem says, try to see clearly what it means. Then check the theorem; it could be false. Examine the consequences, verify as many particular instances as are needed to convince yourself of the truth. When you have satisfied yourself that the theorem is true, you can start proving it.
When you completely accept this moment, when you no longer argue with what is, the compulsion to think lessens and is replaced by an alert stillness. You are fully conscious, yet the mind is not labeling this moment in any way... It is a shift from identification with form --the thought or the emotion-- to being and recognizing yourself as that which has no form -- spacious awareness.
If you wish to assured of the truth of Christianity, try it. Believe, and if thy belief be right, that insight which gradually transmutes faith into knowledge will be the reward of thy belief.
Am I too early?" "No. He's waiting for you." The smile faded, to be replaced by a slightly disappointed expression. "I thought you'd be . . . scarier.
It is not so important to be serious as it is to be serious about the important things. The monkey wears an expression of seriousness which would do credit to any college student, but the monkey is serious because he itches.
Video is originally a de-corporation, a disqualification of the sensorial organs which are replaced by machines. The eye and the hand are replaced by the data glove, the body is replaced by a data suit, sex is replaced by cybersex. All the qualities of the body are transferred to the machine.
I had never taken any economics. I literally didn't know what it was. I thought it was just about the study of money.
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