Goods move in response to price differences from points of low to points of higher price, the movement tending to obliterate the price difference and come to rest.
Frank KnightAbout author
- Author's profession: Economist
- Nationality: american
- Born: November 7, 1885
- Died: April 15, 1972
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A purely mental life may be destructive if it leads us to substitute thought for life and ideas for actions. The activity proper to man is purely mental because man is not just a disembodied mind. Our destiny is to live out what we think, because unless we live what we know, we do not even know it. It is only by making our knowledge part of ourselves, through action, that we enter into the reality that is signified by our concepts.
Thomas Merton
Not that there wasn't still plenty of subduing to do here in North America. "Even within our own limits, the savage still lights his death fires, to appease the wrath of an idol," he points out. What's worse, to the "north, there is an immense region of palpable darkness." (Hi, Canada!)
Sarah Vowell
The streetlight outside my house shines on tonight and I'm watching it like it could give me a vision. James ain't talked ever and he looks at that streetlight like it was a word and maybe like it was a verb. James wanted to streetlight me and make me bright and beautiful so all the moths and bats would circle me like I was the center of the world an held secrets.
Sherman Alexie
You see these dictators on their pedestals, surrounded by the bayonets of their soldiers and the truncheons of their police ... yet in their hearts there is unspoken fear. They are afraid of words and thoughts: words spoken abroad, thoughts stirring at home -- all the more powerful because forbidden -- terrify them. A little mouse of thought appears in the room, and even the mightiest potentates are thrown into panic.
Winston Churchill
