Monday, January 25, 2010
The honor of the State
“It is forbidden to kill; therefore all murderers are punished unless they kill in large numbers and to the sound of trumpets.” - Voltaire
Friday, January 22, 2010
Omne ens scibile
"The study of philosophy is conducted along two lines, one concerned with action, the other with pure thought—hence they may be called practical and speculative philosophy, the former dealing with the conduct of life and the establishment of moral standards, the latter concerned with the theory of causation and the nature of absolute truth. Socrates is the type of excellence in practical wisdom, while Pythagoras concentrated on the contemplative, for which he was equipped by his intellectual power."
—Augustine, City of God, VIII, c . 4.
—Augustine, City of God, VIII, c . 4.
Fall from the low
„Der wahre Weg geht über ein Seil, das nicht in der Höhe gespannt ist, sondern knapp über dem Boden. Es scheint mehr bestimmt stolpern zu machen, als begangen zu werden.“ Franz Kafka
Thursday, January 21, 2010
Knowing the limits of knowledge is true knowledge
Friedrich A. Hayek (1988, 76):
"The curious task of economics is to demonstrate to men how little
they really know about what they imagine they can design."
"The curious task of economics is to demonstrate to men how little
they really know about what they imagine they can design."
Tuesday, January 12, 2010
How nations fall by unsound money
“Nations are not ruined by one act of violence, but gradually and in an almost imperceptible manner by the depreciation of their circulating currency, through excessive quantity."
- Nicolaus Copernicus - 1525
- Nicolaus Copernicus - 1525
Monday, January 11, 2010
The experts speak
"No one will need more than 637 kb of memory for a personal computer—640K ought to be enough for anybody," Bill Gates, Microsoft, 1981
Sunday, January 3, 2010
Buy gold
"I would buy every three months some gold and not worry so much about the price because the weight stays the same." -Marc Faber
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