Of valid economics pre-dating the Power Age (steam and electricity), there remains not a vestige. Of valid economics pre-dating the intensive and extensive use of electricity there will soon exist only rags and tatters. We still have to thank Adam Smith for insisting 'Consumption is the sole end and purpose of production;' but the old form of the law of demand and supply is outmoded, since supply has become practically inexhaustible.

Of valid economics pre-dating the Power Age (steam and electricity), there remains not a vestige. Of valid economics pre-dating the intensive and extensive use of electricity there will soon exist only rags and tatters. We still have to thank Adam Smith for insisting 'Consumption is the sole end and purpose of production;' but the old form of the law of demand and supply is outmoded, since supply has become practically inexhaustible.

Harriet Boyd Hawes
Save QuoteView Quote
Save Quote
Similar Quotes by harriet-boyd-hawes

Of valid economics pre-dating the Power Age (steam and electricity), there remains not a vestige. Of valid economics pre-dating the intensive and extensive use of electricity there will soon exist only rags and tatters. We still have to thank Adam Smith for insisting 'Consumption is the sole end and purpose of production;' but the old form of the law of demand and supply is outmoded, since supply has become practically inexhaustible.

Harriet Boyd Hawes, Born to Rebel: The Life of Harriet Boyd Hawes
Save QuoteView Quote

She was never neutral, but she could be tolerant, although it was hard work - never a tolerance of indifference.

Mary Allsebrook, Born to Rebel: The Life of Harriet Boyd Hawes
Save QuoteView Quote

Prayer cannot be a substitution for action.

Mary Allsebrook, Born to Rebel: The Life of Harriet Boyd Hawes
Save QuoteView Quote