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    Knowledge can be enormously costly, and is often scattered in widely uneven fragments, too small to be individually usable in decision making. The communication and coordination of these scattered fragments of knowledge is one of the basic problems- perhaps the basic problem- of any society.

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  6  /  17  

...originality consists of the achievement of new combinations, and not of the creation of something out of nothing.

...originality consists of the achievement of new combinations, and not of the creation of something out of nothing.

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We must respect the other fellow's religion, but only in the sense and to the extent that we respect his read more

We must respect the other fellow's religion, but only in the sense and to the extent that we respect his theory that his wife is beautiful and his children smart.

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If love is blind, why is lingerie so popular?

If love is blind, why is lingerie so popular?

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There is a close connection between lack of confidence and the passionate state of mind...

There is a close connection between lack of confidence and the passionate state of mind...

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Moral indignation is jealousy with a halo.

Moral indignation is jealousy with a halo.

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You accept certain unlovely things about yourself and manage to live with them. The atonement for such an acceptance is read more

You accept certain unlovely things about yourself and manage to live with them. The atonement for such an acceptance is that you make allowances for others - that you cleanse yourself of the sin of self-righteousness.

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...the more original a discovery the more obvious it seems afterwards.

...the more original a discovery the more obvious it seems afterwards.

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When the Greeks said, "Whom the gods love die young," they probably meant, as Lord Sankey suggested, that those favored read more

When the Greeks said, "Whom the gods love die young," they probably meant, as Lord Sankey suggested, that those favored by the gods stay young till the day they die; young and playful.

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Every intense desire is perhaps a desire to be different from what we are.

Every intense desire is perhaps a desire to be different from what we are.

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