Quotes about supply
page 3

“We may be assured that as Christianity comes into actual close contact with Orientals of acute intellects…it will be met with a style of controversy which will come upon some among us with surprise. Many things will be disputed which we have been accustomed to take for granted, and proofs will be demanded, which those who have been brought up in the external evidence school of the last century, may not be prepared to supply.”

John Muir (indologist) (1810–1882) Scottish Sanskrit scholar and Indologist

Cited by R.F. Young and quoted from Goel, S. R. (2016). History of Hindu-Christian encounters, AD 304 to 1996. Chapter 10. ISBN 9788185990354 https://web.archive.org/web/20120501043412/http://voiceofdharma.org/books/hhce/

Steve Keen photo

“Which comes first — price being set by the intersection of supply and demand, or individual firms equating marginal cost to price?”

Steve Keen (1953) Australian economist

Source: Debunking Economics - The Naked Emperor Of The Social Sciences (2001), Chapter 4, Size Does Matter, p. 101

Roger Ebert photo
Robert Solow photo

“Everything reminds Milton of the money supply. Well, everything reminds me of sex, but I keep it out of the paper.”

Robert Solow (1924) American economist

Remark of 1966, quoted in "Who Was Milton Friedman?" http://www.nybooks.com/articles/archives/2007/feb/15/who-was-milton-friedman/, by Paul Krugman, in The New York Review of Books (15 February 2007)

John Harvey Kellogg photo
Bill Frist photo
Ryan North photo

“I collect power supplies like other men collect meaningful relationships! THAT IS TO SAY, AT THE RATE OF ABOUT ONE A YEAR”

Ryan North (1980) Canadian webcomic writer and programmer

Comment on LiveJournal http://www.livejournal.com/users/qwantz/24526.html

Jean-François Lyotard photo
Samuel Johnson photo
George W. Bush photo
Jeremy Corbyn photo
Henry David Thoreau photo
Cassandra Clare photo

“Let's consider first Hayek's claim that prices in free market capitalism do not give people what they morally deserve. Hayek's deepest economic insight was that the basic function of free market prices is informational. Free market prices send signals to producers as to where their products are most in demand (and to consumers as to the opportunity costs of their options). They reflect the sum total of the inherently dispersed information about the supply and demand of millions of distinct individuals for each product. Free market prices give us our only access to this information, and then only in aggregate form. This is why centralized economic planning is doomed to failure: there is no way to collect individualized supply and demand information in a single mind or planning agency, to use as a basis for setting prices. Free markets alone can effectively respond to this information.
It's a short step from this core insight about prices to their failure to track any coherent notion of moral desert. Claims of desert are essentially backward-looking. They aim to reward people for virtuous conduct that they undertook in the past. Free market prices are essentially forward-looking. Current prices send signals to producers as to where the demand is now, not where the demand was when individual producers decided on their production plans. Capitalism is an inherently dynamic economic system. It responds rapidly to changes in tastes, to new sources of supply, to new substitutes for old products. This is one of capitalism's great virtues. But this responsiveness leads to volatile prices. Consequently, capitalism is constantly pulling the rug out from underneath even the most thoughtful, foresightful, and prudent production plans of individual agents. However virtuous they were, by whatever standard of virtue one can name, individuals cannot count on their virtue being rewarded in the free market. For the function of the market isn't to reward people for past good behavior. It's to direct them toward producing for current demand, regardless of what they did in the past.
This isn't to say that virtue makes no difference to what returns one may expect for one's productive contributions. The exercise of prudence and foresight in laying out one's production and investment plans, and diligence in carrying them out, generally improves one's odds. But sheer dumb luck is also, ineradicably, a prominent factor determining free market returns. And nobody deserves what comes to them by sheer luck.”

Elizabeth S. Anderson (1959) professor of philosophy and womens' studies

How Not to Complain About Taxes (III): "I deserve my pretax income" http://left2right.typepad.com/main/2005/01/how_not_to_comp_1.html (January 26, 2005)

Edward Smith (physician) photo

“The problem is that this 'being identified with the victim' can come to be used as an arm with which to club others. The victims become the group of the 'righteous just' in order to exclude the poor Pharisees, who are never in short supply as the butts of easy mockery.”

James Alison (1959) Christian theologian, priest

Source: Faith Beyond Resentment: Fragments Catholic and Gay (2001), " The man blind from birth and the Creator's subversion of sin http://girardianlectionary.net/res/fbr_ch-1_john9.htm", p. 18.

John McCain photo

“I was concerned about a couple of steps that the Russian government took in the last several days. One was reducing the energy supplies to Czechoslovakia.”

John McCain (1936–2018) politician from the United States

In remarks to the press in Phoenix, 14 July 2008; http://thepage.time.com/transcript-of-mccains-remarks-to-the-press-in-phoenix/ http://www.thecarpetbaggerreport.com/archives/16196.html
2000s, 2008

Wilt Chamberlain photo
George S. Patton IV photo
Paul Krugman photo
Jean-Baptiste Say photo

“The wants of mankind are supplied and satisfied out of the gross values produced and created, and not out of the net values only.”

Jean-Baptiste Say (1767–1832) French economist and businessman

Source: A Treatise On Political Economy (Fourth Edition) (1832), Book I, On Production, Chapter II, p. 69

Sören Kierkegaard photo
Rob Enderle photo
Mitt Romney photo

“So we started a new business called Bain Capital. The only problem was, while WE believed in ourselves, nobody else did. We were young and had never done this before and we almost didn't get off the ground. In those days, sometimes I wondered if I had made a really big mistake. I had thought about asking my church's pension fund to invest, but I didn't. I figured it was bad enough that I might lose my investors' money, but I didn't want to go to hell too. Shows what I know. Another of my partners got the Episcopal Church pension fund to invest. Today there are a lot of happy retired priests who should thank him. That business we started with 10 people has now grown into a great American success story. Some of the companies we helped start are names you know. An office supply company called Staples – where I'm pleased to see the Obama campaign has been shopping; The Sports Authority, which became a favorite of my sons. We started an early childhood learning center called Bright Horizons that First Lady Michelle Obama rightly praised. At a time when nobody thought we'd ever see a new steel mill built in America, we took a chance and built one in a corn field in Indiana. Today Steel Dynamics is one of the largest steel producers in the United States.”

Mitt Romney (1947) American businessman and politician

2012-08-31
http://www.npr.org/2012/08/30/160357612/transcript-mitt-romneys-acceptance-speech
Transcript: Mitt Romney's Acceptance Speech
NPR
[2012-08-30, gopconvention2012, Mitt Romney: Introduction (video), YouTube, http://www.youtube.com/watch?v=J_cGyPwt5UI]
2012

Archibald Primrose, 5th Earl of Rosebery photo

“It would have to be considered from the Imperial point of view whether the system of reciprocal tariffs would really bind the mother country more closely with her colonies than was now the case…how Great Britain might have annually to submit to the pressure of various colonies who were discontented with the tariff as then modified and wanted it modified still further. If they considered Great Britain as a target at which all these proposals for modification and rectification would be addressed, he thought it would occur to their Chamber that it would not altogether add to the harmony of those relations to have these shifting tariffs existing between Great Britain and her colonies. (Cheers)…He thought we should have some form of direct representation from the colonies to guide us and advise us with regard to this question of tariffs…Under a system of free trade every branch of industry did not prosper. He was interested in the landed industry (hear), and he did not know that the land industry had prospered particularly under free trade…he thought it could not be denied that under a system of free trade large tracts of country had been turned out of cultivation, that our own food supply had been diminished, and that the population which had been reared in the rural districts had ceased to be reared in those districts…he was not a person who believed that free trade was part of the Sermon on the Mount, and that we ought to receive it in all its rigidity as a divinely-appointed dispensation.”

Archibald Primrose, 5th Earl of Rosebery (1847–1929) British politician

Speech to the Burnley chamber of commerce (19 May 1903) in the aftermath of Joseph Chamberlain's speech advocating Imperial Preference tariffs on imports, as reported in The Times (20 May 1903), p. 12. The Times reported Rosebery's speech in third person.

“If intellectual power is to be developed, we must somehow construct amplifiers for intelligence — devices that, supplied with a little intelligence, will emit a lot.”

W. Ross Ashby (1903–1972) British psychiatrist

Ashby. "Design for an intelligence amplifier." Automata studies (1956): 215-234. p. 216

Frank Chodorov photo
James Hudson Taylor photo
Calvin Coolidge photo

“The magnitude of the service which you rendered to your country and to humanity is beyond estimation. Sharp outlines here and there we know, but the whole account of the World War would be on a scale so stupendous that it could never be recorded. In the victory which was finally gained by you and your foreign comrades, you represented on the battle field the united efforts of our whole people. You were there as the result of a great resurgence of the old American spirit, which manifested itself in a thousand ways, by the pouring out of vast sums of money in credits and charities, by the organization and quickening of every hand in our extended industries, by the expansion of agriculture until it met the demands of famishing continents, by the manufacture of an unending stream of munitions and supplies, by the creation of vast fleets of war and transport ships, and, finally, when the tide of battle was turning against our associates, by bringing into action a great armed force on sea and land of a character that the world had never seen before, which, when it finally took its place in the line, never ceased to advance, carrying the cause of liberty to a triumphant conclusion. You reaffirmed the position of this Nation in the estimation of mankind. You saved civilization from a gigantic reverse. Nobody says now that Americans can not fight.”

Calvin Coolidge (1872–1933) American politician, 30th president of the United States (in office from 1923 to 1929)

1920s, Toleration and Liberalism (1925)

“When I had the honour of his conversation, I endeavoured to learn his thoughts upon mathematical subjects, and something historical concerning his inventions, that I had not been before acquainted with. I found, he had read fewer of the modern mathematicians, than one could have expected; but his own prodigious invention readily supplied him with what he might have an occasion for in the pursuit of any subject he undertook. I have often heard him censure the handling geometrical subjects by algebraic calculations; and his book of Algebra he called by the name of Universal Arithmetic, in opposition to the injudicious title of Geometry, which Des Cartes had given to the treatise, wherein he shews, how the geometer may assist his invention by such kind of computations. He frequently praised Slusius, Barrow and Huygens for not being influenced by the false taste, which then began to prevail. He used to commend the laudable attempt of Hugo de Omerique to restore the ancient analysis, and very much esteemed Apollonius's book De sectione rationis for giving us a clearer notion of that analysis than we had before.”

Henry Pemberton (1694–1771) British doctor

Preface; The bold passage is subject of the 1809 article " Remarks on a Passage in Castillione's Life' of Sir Isaac Newton http://books.google.com/books?id=BS1WAAAAYAAJ&pg=PA519." By John Winthrop, in: The Philosophical Transactions of the Royal Society of London, from Their Commencement, in 1665, to the Year 1800: 1770-1776: 1770-1776. Charles Hutton et al. eds. (1809) p. 519.
Preface to View of Newton's Philosophy, (1728)

Joseph Arch photo
Ramsay MacDonald photo
William Bateson photo

“Since the belief in transmission of acquired adaptations arose from preconception rather than from evidence, it is worth observing that, rightly considered, the probability should surely be the other way. For the adaptations relate to every variety of exigency. To supply themselves with food, to find it, to seize and digest it, to protect themselves from predatory enemies whether by offence or defence, to counter-balance the changes of temperature, or pressure, to provide for mechanical strains, to obtain immunity from poison and from invading organisms, to bring the sexual elements into contact, to ensure the distribution of the type; all these and many more are accomplished by organisms in a thousand most diverse and alternative methods. Those are the things that are hard to imagine as produced by any concatenation of natural events; but the suggestions that organisms had had from the beginning innate in them a power of modifying themselves, their organs and their instincts so as to meet these multifarious requirements does not materially differ from the more overt appeals to supernatural intervention. The conception, originally introduced by Hering and independently by S. Butler, that adaptation is a consequence or product of accumulated memory was of late revived by Semon and has been received with some approval, especially by F. Darwin. I see nothing fantastic in the notion that memory may be unconsciously preserved with the same continuity that the protoplasmic basis of life possesses. That idea, though purely speculative and, as yet, incapable of proof or disproof contains nothing which our experience of matter or of life at all refutes. On the contrary, we probably do well to retain the suggestion as a clue that may some day be of service. But if adaptation is to be the product of these accumulated experiences, they must in some way be translated into terms of physiological and structural change, a process frankly inconceivable.”

William Bateson (1861–1926) British geneticist and biologist

Source: Problems In Genetics (1913), p. 190

Grigoriy Ordzhonikidze photo

“The Azerbaijan and Georgian republics must assume the task of supplying Armenia.”

Grigoriy Ordzhonikidze (1886–1937) Soviet politician

Quoted in "The Azerbaijani Turks: power and identity under Russian rule"‎ - Page 115 - by Audrey L. Altstadt - History - 1992

Mark Hopkins (educator) photo

“Man has wants deeper than can be supplied by wealth or nature or domestic affections. His great relations are to his God and to eternity.”

Mark Hopkins (educator) (1802–1887) American educationalist and theologian

Source: Dictionary of Burning Words of Brilliant Writers (1895), P. 403.

Andrei Sakharov photo
Sydney Smith photo

“The object of preaching is, constantly to remind mankind of what mankind are constantly forgetting; not to supply the defects of human intelligence, but to fortify the feebleness of human resolutions.”

Sydney Smith (1771–1845) English writer and clergyman

"The Judge That Smites Contrary to the Law: A Sermon Preached...March 28, 1824", in The Works of the Rev. Sydney Smith (1860) p. 428

Steve Keen photo

“Thus while diminishing returns do exist when industries are broadly defined, no industry can be considered in isolation from all the others, as supply and demand curve analysis requires.”

Steve Keen (1953) Australian economist

Source: Debunking Economics - The Naked Emperor Of The Social Sciences (2001), Chapter 3, The Price Of Everything And The Value Of Nothing, p. 69

Joan Robinson photo
Joseph Alois Schumpeter photo
Francis Parkman photo
Pat Robertson photo

“God is going to supply a million dollars, somebody is praying right now, right this second, you’re praying for a million dollars and God said, "I have heard your prayer, I know your need, and I'm going to supply the need that you requested," it's done, in Jesus' name.”

Pat Robertson (1930) American media mogul, executive chairman, and a former Southern Baptist minister

2013-02-28
Pat Robertson
The 700 Club
Television, quoted in * 2013-02-28
Pat Robertson's Prayers Can Make You A Millionaire
Brian
Tashman
Right Wing Watch
http://www.rightwingwatch.org/content/pat-robertsons-prayers-can-make-you-millionaire and * 2013-03-01
Pat Robertson Claims God Will Give One of His Viewers $1M
Michael
Gryboski
The Christian Post
http://www.christianpost.com/news/pat-robertson-claims-god-will-give-one-of-his-viewers-1m-91051/

Thomas Kuhn photo
Thomas Carlyle photo

“In brief, all this Mammon- Gospel, of Supply-and-demand, Competition, Laissez-faire, and Devil take the hindmost, begins to be one of the shabbiest Gospels ever preached on Earth; or altogether the shabbiest.”

Thomas Carlyle (1795–1881) Scottish philosopher, satirical writer, essayist, historian and teacher

1840s, Past and Present (1843)

George S. Patton photo
George Holmes Howison photo
Joan Robinson photo
John Allen Paulos photo

“The prophet is always at the mercy of events; nevertheless, I venture to conclude this book with the forecast that at least half the illnesses of mankind will disappear once our food supplies are raised from fertile soil and consumed in a fresh condition.”

An Agricultural Testament, Oxford University Press, 1943, Part V, Chapter 15. Full text online http://ps-survival.com/PS/Agriculture/An_Agricultural_Testament_1943.pdf.

Ralph Ellison photo
Ernest Mandel photo
Max Stirner photo
Joseph E. Stiglitz photo
Amory B. Lovins photo
David Ricardo photo

“The opinions that the price of commodities depends solely on the proportion of supply and demand, or demand to supply, has become almost an axiom in political economy, and has been the source of much error in that science.”

David Ricardo (1772–1823) British political economist, broker and politician

Source: The Principles of Political Economy and Taxation (1821) (Third Edition), Chapter XXX, Influence of Demand and Supply, p. 260

Narendra Modi photo
Archimedes photo
Michelangelo Antonioni photo
John Ralston Saul photo
Peter Cain photo
Jean-Baptiste Say photo

“Demand and supply are the opposite extremes of the beam, whence depend the scales of dearness and cheapness; the price is the point of equilibrium, where the momentum of the one ceases, and that of the other begins.”

Jean-Baptiste Say (1767–1832) French economist and businessman

Source: A Treatise On Political Economy (Fourth Edition) (1832), Book II, On Distribution, Chapter I, p. 290

Vladimir Lenin photo
Bernard Cornwell photo
Akbar Hashemi Rafsanjani photo
Edgar Rice Burroughs photo
Alex Salmond photo

“The future strength of our rural economies and communities will depend upon the availability of a sufficient and appropriate supply of housing.”

Alex Salmond (1954) Scottish National Party politician and former First Minister of Scotland

Sabhal Mòr Ostaig Lecture (December 19, 2007)

Ralph George Hawtrey photo
Gerd von Rundstedt photo
Samuel Longfellow photo
Verghese Kurien photo
J.C. Ryle photo

“All the sciences in the world never smoothed down a dying pillow. No earthly philosophy ever supplied hope in death.”

J.C. Ryle (1816–1900) Anglican bishop

Source: Dictionary of Burning Words of Brilliant Writers (1895), P. 530.

Donald Barthelme photo
Philip Schaff photo

“Luther's Qualifications. Luther had a rare combination of gifts for a Bible translator: familiarity with the original languages, perfect mastery over the vernacular, faith in the revealed word of God, enthusiasm for the gospel, unction of the Holy Spirit. A good translation must be both true and free, faithful and idiomatic, so as to read like an original work. This is the case with Luther's version. Besides, he had already acquired such fame and authority that his version at once commanded universal attention.
His knowledge of Greek and Hebrew was only moderate, but sufficient to enable him to form an independent judgment. What he lacked in scholarship was supplied by his intuitive genius and the help of Melanchthon. In the German tongue he had no rival. He created, as it were, or gave shape and form to the modern High German. He combined the official language of the government with that of the common people. He listened, as he says, to the speech of the mother at home, the children in the street, the men and women in the market, the butcher and various tradesmen in their shops, and, "looked them on the mouth," in pursuit of the most intelligible terms. His genius for poetry and music enabled him to reproduce the rhythm and melody, the parallelism and symmetry, of Hebrew poetry and prose. His crowning qualification was his intuitive insight and spiritual sympathy with the contents of the Bible.
A good translation, he says, requires "a truly devout, faithful, diligent, Christian, learned, experienced, and practiced heart."”

Philip Schaff (1819–1893) American Calvinist theologian

Luther's competence as a Bible translator

Nathanael Greene photo
Tom Lehrer photo
Thomas Chandler Haliburton photo

“Everything has altered its dimensions, except the world we live in. The more we know of that, the smaller it seems. Time and distance have been abridged, remote countries have become accessible, and the antipodes are upon visiting terms. There is a reunion of the human race; and the family resemblance now that we begin to think alike, dress alike, and live alike, is very striking. The South Sea Islanders, and the inhabitants of China, import their fashions from Paris, and their fabrics from Manchester, while Rome and London supply missionaries to the ‘ends of the earth,’ to bring its inhabitants into ‘one fold, under one Shepherd.’ Who shall write a book of travels now? Livingstone has exhausted the subject. What field is there left for a future Munchausen? The far West and the far East have shaken hands and pirouetted together, and it is a matter of indifference whether you go to the moors in Scotland to shoot grouse, to South America to ride and alligator, or to Indian jungles to shoot tigers-there are the same facilities for reaching all, and steam will take you to either with the equal ease and rapidity. We have already talked with New York; and as soon as our speaking-trumpet is mended shall converse again. ‘To waft a sigh from Indus to the pole,’ is no longer a poetic phrase, but a plain matter of fact of daily occurrence. Men breakfast at home, and go fifty miles to their counting-houses, and when their work is done, return to dinner. They don’t go from London to the seaside, by way of change, once a year; but they live on the coast, and go to the city daily. The grand tour of our forefathers consisted in visiting the principle cities of Europe. It was a great effort, occupied a vast deal of time, cost a large sum of money, and was oftener attended with danger than advantage. It comprised what was then called, the world: whoever had performed it was said to have ‘seen the world,’ and all that it contained. The Grand Tour now means a voyage round the globe, and he who has not made it has seen nothing.”

Thomas Chandler Haliburton (1796–1865) Canadian-British politician, judge, and author

The Season-Ticket, An Evening at Cork 1860 p. 1-2.

Vitruvius photo

“Next comes the consideration of stone quarries from which dimension stone and supplies of rubble to be used in building are taken and brought together.”

Source: De architectura (The Ten Books On Architecture) (~ 15BC), Book II, Chapter VII "Stone" Sec. 1

Henry Adams photo
Adam Smith photo