Liquidity Preference Function

Famous quotes containing the words preference and/or function:

    Do not discourage your children from hoarding, if they have a taste to it; whoever lays up his penny rather than part with it for a cake, at least is not the slave of gross appetite; and shows besides a preference always to be esteemed, of the future to the present moment.
    Samuel Johnson (1709–1784)

    Literature does not exist in a vacuum. Writers as such have a definite social function exactly proportional to their ability as writers. This is their main use.
    Ezra Pound (1885–1972)