Average Annual Flow

Famous quotes containing the words average, annual and/or flow:

    The idea that leisure is of value in itself is only conditionally true.... The average man simply spends his leisure as a dog spends it. His recreations are all puerile, and the time supposed to benefit him really only stupefies him.
    —H.L. (Henry Lewis)

    Every individual necessarily labours to render the annual revenue of the society as great as he can. He generally, indeed, neither intends to promote the publick interest, nor knows how much he is promoting it.... He intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention.
    Adam Smith (1723–1790)

    Clay answered the petition by declaring that while he looked on the institution of slavery as an evil, it was ‘nothing in comparison with the far greater evil which would inevitably flow from a sudden and indiscriminate emancipation.’
    State of Indiana, U.S. public relief program (1935-1943)