Aggregate Excess Demand

Famous quotes containing the words aggregate, excess and/or demand:

    “We cannot think of a legitimate argument why ... whites and blacks need be affected by the knowledge that an aggregate difference in measured intelligence is genetic instead of environmental.... Given a chance, each clan ... will encounter the world with confidence in its own worth and, most importantly, will be unconcerned about comparing its accomplishments line-by-line with those of any other clan. This is wise ethnocentricism.”
    —Richard Herrnstein (1930–1994)

    “For most men, and most circumstances, pleasure—tangible material prosperity in this world—is the safest test of virtue. Progress has ever been through the pleasures rather than through the extreme sharp virtues, and the most virtuous have leaned to excess rather than to asceticism.”
    —Samuel Butler (1835–1902)

    “The English masses are lovable: they are kind, decent, tolerant, practical and not stupid. The tragedy is that there are too many of them, and that they are aimless, having outgrown the servile functions for which they were encouraged to multiply. One day these huge crowds will have to seize power because there will be nothing else for them to do, and yet they neither demand power nor are ready to make use of it; they will learn only to be bored in a new way.”
    —Cyril Connolly (1903–1974)