“I name next a word that it requires some courage to utter these days—the word of economy. It is like a echo from the distant period of my early life. The wealth of the country, and the vast comparative diffusion of comfort, has, I am afraid, put public economy, at least in its more rigid and severe forms, sadly out of countenance.”

— William Ewart Gladstone

Speech in Newcastle (2 October 1891), quoted in A. W. Hutton and H. J. Cohen (eds.), The Speeches of The Right Hon. W. E. Gladstone on Home Rule, Criminal Law, Welsh and Irish Nationality, National Debt and the Queen's Reign. 1888–1891 (London: Methuen, 1902), p. 377.
1890s

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William Ewart Gladstone 121

British Liberal politician and prime minister of the United… 1809–1898

Robert Gilpin (1930–2018) Political scientist

Source: The Political Economy of International Relations (1987), Chapter Three, Dynamics Of Political Economy, p. 85

“Does the functioning of the world economy tend to concentrate wealth and power, or does it tend to diffuse it?”

Robert Gilpin (1930–2018) Political scientist

Source: The Political Economy of International Relations (1987), Chapter One, Nature of Political Economy, p. 14

“As more of the economy migrates to intangibles, more of the economy will require standards.”

Kevin Kelly (1952) American author and editor

Out of Control: The New Biology of Machines, Social Systems and the Economic World (1995), New Rules for the New Economy: 10 Radical Strategies for a Connected World (1999)

“I am aware that many regard me as an anti-sports character person, but the truth is that the country’s economy by then was in bad shape. Tanzania being among the highly indebted countries, I had to give sports the least prominence during my first term, while setting priorities in revitalising our economy.”

Benjamin Mkapa (1938) Tanzanian politician and former president

2011-05-07 http://dailynews.co.tz/sports/?n=19642&cat=sports
2011

“Those in the dawn of life require nurturing from others; their personality traits and behaviors are formed during this period and they learn more from example and observation than words; reveal, kindness, truth, respect, and empathy for others.”

Gandolfo – (RJ Intindola)

1978

“The word " economy" has latterly been used in various senses; the Germans give it a very indefinite signification.
Judging from its etymology and original signification, the Greeks seem to have understood by it the establishment and direction of the menage, or domestic arrangements.
Xenophon, in his work on economy, treats of domestic management, the reciprocal duties of the members of a family and of those who compose the household; and only incidentally mentions agriculture as having relation to domestic affairs. This word is never applied to agriculture by Xenophon, nor, indeed, by any Greek author; they distinguish it by the terms, georgic geoponic.
The Romans give a very extensive and indefinite signification to the word "economy." They understand by it, the best method of attaining the aim and end of some particular thing; or the disposition, plan, and division of some particular work. Thus, Cicero speaks of oeconomia causae, oeconomia orationis; and by this he means the direction of a law process, the arrangement of an harangue. Several German authors use it in this sense when they speak of the oekonomie eines schauspiels, or eines gedichtes, the economy of a play or poem. Authors of other nations have adopted all the significations which the Romans have attached to this word, and understand by it the relation of the various parts of any particular thing to each other and to the whole—that which we are accustomed to term the organization. The word "economy" only acquires a real sense when applied to some particular subject: thus, we hear of "the economy of nature," "the animal economy," and " the economy of the state" spoken of. It is also applied to some particular branch of science or industry; but, in the latter case, the nature of the economy ought to be pointed out, if it is not indicated by the nature of the subject.”

Albrecht Thaer (1752–1828) German agronomist and an avid supporter of the humus theory for plant nutrition

Source: The Principles of Agriculture, 1844, Section II. The Economy, Organization and Direction of an Agricultural Enterprise, p. 54-55.

“There is no word or action but has its echo in Eternity.”

Pythagoras (-585–-495 BC) ancient Greek mathematician and philosopher

As quoted in Pythagoron: The Religious, Moral, and Ethical Teachings of Pythagoras (1947) by Hobart Huson, p. 99
Context: There is no word or action but has its echo in Eternity.
Thought is an Idea in transit, which when once released, never can be lured back, nor the spoken word recalled. Nor ever can the overt act be erased All that thou thinkest, sayest, or doest bears perpetual record of itself, enduring for Eternity.

“There are days I drop words of comfort on myself like falling leaves and remember that it is enough to be taken care of by my self.”

Brian Andreas (1956) American artist

“Most managers have some conception of at least some of the types of decisions they must make. Their conceptions, however, are likely to be deficient in a very critical way, a way that follows from an important principle of scientific economy: The less we understand a phenomenon, the more variables we require to explain it.”

Russell L. Ackoff (1919–2009) Scientist

Source: 1960s, Management misinformation systems, 1967, p. 149.

“I am Psmith," said the old Etonian reverently. "There is a preliminary P before the name. This, however, is silent. Like the tomb. Compare such words as ptarmigan, psalm, and phthisis.”

P.G. Wodehouse book Psmith, Journalist

Source: Psmith, Journalist

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William Ewart Gladstone 121

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