A Quote by Ralph Waldo Emerson
The best political economy is the care and culture of men; for, in these crises, all are ruined except such as are proper individuals, capable of thought, and of new choice and the application of their talent to new labor.
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Economy consists in a due and proper application of the means afforded according to the ability of the employer and the situation chosen; care being taken that the expenditure is prudently conducted.
As chief selector, I did my best to pick new talent and give them proper opportunities, as they are the future of Pakistan cricket.
Two kinds of men generally best succeed in political life; men of no principle, but of great talent; and men of no talent, but of one principle - that of obedience to their superiors.
From my earliest acquaintance with the science of political economy, it has been evident to my mind that capital was the product of labor, and that therefore, in its best analysis there could be no natural conflict between capital and labor.
New inventions can and will be made; however, nothing new can be thought of that concerns moral man. Everything has already been thought and said which at best we can express in different forms and give new expressions to.
All the new data, applications, and e-commerce that are created have to be managed and protected. Additionally, when there is a new application, the old application is still there, and has to be protected.
Long intervals frequently elapse between the discovery of new principles in science and their practical application... Those intellectual qualifications, which give birth to new principles or to new methods, are of quite a different order from those which are necessary for their practical application.
New technology creates a new marketplace of words, creating totally new words and changing the meaning and application of existing ones. In doing so, it has a potent opportunity to create new misconceptions and confusion.
Five years ago, we thought of the Web as a new medium, not a new economy.
I always encourage people to get out there, travel the world, see new things, experience new people, experience new food, experience new culture. What happens is that helps you to grow and be your best self.
No ideology can help to create a new world or a new mind or a new human being -- because ideological orientation itself is the root cause of all the conflicts and all the miseries. Thought creates boundaries, thought creates divisions and thought creates prejudices; thought itself cannot bridge them. That's why all ideologies fail. Now man must learn to live without ideologies religious, political or otherwise. When the mind is not tethered to any ideology, it is free to move to new understandings. And in that freedom flowers all that is good and all that is beautiful.
The strategic stimulus to economic development in Schumpeter's analysis is innovation, defined as the commercial or industrial application of something new---a new product, process or method of production, a new market or source of supply, a new form of commercial, business or financial organization.
I always thought I would move to New York after graduation, but, instead, I moved to Los Angeles. I realized I was more scared of that choice than I was of New York, and I thought, at 22, I should get it over with.
Every orchestra I know, every opera house I know, is desperately looking around trying to find new talent, new composing talent, supporting young composers, supporting new ideas, supporting new ways of getting the message across.
Labor, and the ability to earn one's own way, is central to dignity and, indeed, to vocation. Christians should seek to broaden the private economy to include more individuals in remunerative labor.
Today in America, unions have a secure place in our industrial life. Only a handful of reactionaries harbor the ugly thought of breaking unions and depriving working men and women of the right to join the union of their choice. I have no use for those - regardless of their political party - who hold some vain and foolish dream of spinning the clock back to days when organized labor was huddled, almost as a hapless mass. Only a fool would try to deprive working men and women of the right to join the union of their choice.
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