Perfect Competition Model

Famous quotes containing the words perfect, competition and/or model:

    “By the “mud-sill” theory it is assumed that labor and education are incompatible; and any practical combination of them impossible. According to that theory, a blind horse upon a tread-mill, is a perfect illustration of what a laborer should be—all the better for being blind, that he could not tread out of place, or kick understandingly.... Free labor insists on universal education.”
    —Abraham Lincoln (1809–1865)

    “The praise of ancient authors proceeds not from the reverence of the dead, but from the competition and mutual envy of the living.”
    —Thomas Hobbes (1588–1679)

    “The playing adult steps sideward into another reality; the playing child advances forward to new stages of mastery....Child’s play is the infantile form of the human ability to deal with experience by creating model situations and to master reality by experiment and planning.”
    —Erik H. Erikson (20th century)