Douglass North Quotes
Information costs are reduced by the existence of large numbers of buyers and sellers. Under these conditions, prices embody the same information that would require large search costs by individual buyers and sellers in the absence of an organized market. (footnote 4: The original contributions were those of Hayek (1937 and 1945)).
Quotes to Explore
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When people refer to 'Back in the Day,' it was a Wednesday. Just a little fun fact for you.
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My fans are so loving and encouraging. They're with me on good days and bad days.
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I think chemistry and great acting go hand-in-hand.
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A test of a people is how it behaves toward the old. It is easy to love children. Even tyrants and dictators make a point of being fond of children. But the affection and care for the old, the incurable, the helpless are the true gold mines of a culture.
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I still have a young attitude.
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I never drink anything hot; I don't like hot drinks, very strange.
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In neurotics, worm phobias are usually found as well as snake phobias.
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My dad doesn't hug me enough!
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But I could also start F1 or rallying. I love rallying much more.
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I always wrote about things that were important to me. I think our past success showed that it was also important for a lot of others.
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My one issue in this country is to get on a firm financial footing. There's not much you can do if you're bankrupt.
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I'm not trying to be a star on TV. I am who I am, which I hope comes out. I have a little bit of a different sense than most people know, and it takes a while to get used to it.
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My protest about the post exchange seating bore some results. More seats were allocated for blacks, but there were still separate sections for blacks and for whites. At least I had made my men realize that something could be accomplished by speaking out, and I hoped they would be less resigned to unjust conditions.
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These days politics, religion, media seem to get all mixed up. Television became the new religion a long time back and the media has taken over.
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My parents were very pleased that I was in the army. The fact that I hated it somehow pleased them even more.
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It's nerve wracking being in the stadium with so many people supporting.
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Infinite growth of material consumption in a finite world is an impossibility.
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The laurels of victory are at the point of the enemy bayonets. They must be plucked there; they must be carried by a hand-to-hand fight if one really means to conquer.
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Like all boys my age, I was an idiot when it came to women.
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Have you learned the lessons only of those who admired you, and were tender with you, and stood aside for you? Have you not learned great lessons from those who braced themselves against you, and disputed passage with you?
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I look back, and I know what I left behind in Lagarto when I pursued my own dream.
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When theology erodes and organization crumbles, when the institutional framework of religion begins to break up, the search for a direct experience which people can feel to be religious facilitates the rise of cults.
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Information costs are reduced by the existence of large numbers of buyers and sellers. Under these conditions, prices embody the same information that would require large search costs by individual buyers and sellers in the absence of an organized market. (footnote 4: The original contributions were those of Hayek (1937 and 1945)).
