Source: Calculated Risk (1950), p. 1
Context: A soldier's life in combat is an endless series of decisions that mean success or failure, and perhaps life or death for himself or his comrades. The rifleman crawling through the rubble of a bombed-out street must decide on the best moment to escape enemy fire as he dodges from one doorway to the next. He must take a chance. The general seeking to break an enemy defense line and destroy his forces must decide just when and how to strike and precisely to what extent he dare weaken one sector of his front in order to mass overpowering strength at the main point of attack. He, too, must take a chance, although, in the stilted phraseology of military communiqués, he calls it a "calculated risk".
“For a rational actor, the information he uses to shape his beliefs is a variable rather than a given. Before deciding how to act, he has to make a preliminary decision concerning the quantity of resources he is prepared to invest in looking for the relevant facts. A general must not attack before he has surveyed the terrain, or a surgeon operate before he has examined the patient. However, they must not delay too long, for then they may be surprised by the enemy’s attack or flight, or by the patient’s death.”
Reason and Rationality (2009)
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Jon Elster 12
Norwegian academic 1940Related quotes
In his letter to Theo, The Hague, 11 March 1883, http://www.webexhibits.org/vangogh/letter/12/274.htm?qp=art.material,as translated by Johanna van Gogh-Bonger, edited by Robert Harrison, in The Complete Letters of Vincent van Gogh (1991)
1880s, 1883
Context: It constantly remains a source of disappointment to me that my drawings are not yet what I want them to be. The difficulties are indeed numerous and great, and cannot be overcome at once. To make progress is a kind of miner’s work; it doesn’t advance as quickly as one would like, and as others also expect, but as one stands before such a task, the basic necessities are patience and faithfulness. In fact, I do not think much about the difficulties, because if one thought of them too much one would get stunned or disturbed.
A weaver who has to direct and to interweave a great many little threads has no time to philosophize about it, but rather he is so absorbed in his work that he doesn’t think but acts, and he feels how things must go more than he can explain it. Even though neither you nor I, in talking together, would come to any definite plans, etc., perhaps we might mutually strengthen that feeling that something is ripening within us. And that is what I should like.
19 December 1749
Letters to His Son on the Art of Becoming a Man of the World and a Gentleman (1774)
Context: We must not suppose that, because a man is a rational animal, he will, therefore, always act rationally; or, because he has such or such a predominant passion, that he will act invariably and consequentially in pursuit of it. No, we are complicated machines; and though we have one main spring that gives motion to the whole, we have an infinity of little wheels, which, in their turns, retard, precipitate, and sometime stop that motion.
On her son, Prince Leopold (later Lord Leopold Mountbatten)
Letter from Princess Beatrice to her son's tutor, Mr Theobald (1903-06-10) (Private collection)
Source: The Prince (1513), Ch. 19: 'That one should avoid being despised and hated'
Context: The prince must consider, as has been in part said before, how to avoid those things which will make him hated or contemptible; and as often as he shall have succeeded he will have fulfilled his part, and he need not fear any danger in other reproaches. It makes him hated above all things, as I have said, to be rapacious, and to be a violator of the property and women of his subjects, from both of which he must abstain. And when neither their property nor honour is touched, the majority of men live content, and he has only to contend with the ambition of a few, whom he can curb with ease in many ways. It makes him contemptible to be considered fickle, frivolous, effeminate, mean-spirited, irresolute, from all of which a prince should guard himself as from a rock; and he should endeavour to show in his actions greatness, courage, gravity, and fortitude; and in his private dealings with his subjects let him show that his judgments are irrevocable, and maintain himself in such reputation that no one can hope either to deceive him or to get round him. That prince is highly esteemed who conveys this impression of himself, and he who is highly esteemed is not easily conspired against; for, provided it is well known that he is an excellent man and revered by his people, he can only be attacked with difficulty.
“How many times must a man look up before he can see the sky?”
Song lyrics, The Freewheelin' Bob Dylan (1963), Blowin' in the Wind
Israel Kirzner, (1979: 168-169); as cited in: " Israel Kirzner's Entrepreneurship http://www.constitution.org/pd/gunning/subjecti/workpape/kirz_ent.pdf" by the Constitution Society, May 31, 2004