Exclusion Principle

Exclusion principle may refer to:

  • Exclusion principle (philosophy), epistemological principle
  • In economics, the exclusion principle states "the owner of a private good may exclude others from use unless they pay."; it excludes those who are unwilling or unable to pay for the private good, but does not apply to public goods that are known to be indivisible: such goods need only to be available to obtain their benefits rather than purchased
  • Pauli exclusion principle, quantum mechanical principle

Famous quotes containing the words exclusion and/or principle:

    “All men, in the abstract, are just and good; what hinders them, in the particular, is, the momentary predominance of the finite and individual over the general truth. The condition of our incarnation in a private self, seems to be, a perpetual tendency to prefer the private law, to obey the private impulse, to the exclusion of the law of the universal being.”
    —Ralph Waldo Emerson (1803–1882)

    “I sincerely believe ... that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.”
    —Thomas Jefferson (1743–1826)