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"Now, of course, cold fusion is the daddy of them all in a way, in terms of value, so I think that viewed in a social way, from the point of social considerations and economics, it will tell you that this thing will stay around."
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"Science blasphemed when tries to eliminate scarcity in economy."
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Personal Development
"If it is asserted that civilization is a real advance in the condition of man - and I think that it is, though only the wise improve their advantages - it must be shown that it has produced better dwellings without making them more costly; and the cost of a thing is the amount of what I will call life which is required to be exchanged for it, immediately or in the long run."
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Personal Development
"Your money myth affects your gain and luck.In economics, illusion of money affects wealth."
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Personal Development
"The mentality of seeking miracles from one place to another is destructive to the economy."
Author Name
Personal Development
"I saw the poverty, I say the prosperity. Both have fundamental problems."
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Personal Development
"It is impossible to say how far the present value of money depends on its monetary employment and how far on its industrial employment. When the institution of money was first established, the industrial basis of the value of the precious metals may have preponderated; but with progress in the monetary organization of economic life the monetary employment has become more and more important. It is certain that nowadays the value of gold is largely supported by its monetary employment, and that its demonetization would affect its price in an overwhelming fashion."
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Personal Development
"The attempt to restrain prices within limits has to be given up. A government that sets out to abolish market prices is inevitably driven towards the abolition of private property."
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Personal Development
"We can't get to the $4 trillion in savings that we need by just cutting the 12 percent of the budget that pays for things like medical research and education funding and food inspectors and the weather service. And we can't just do it by making seniors pay more for Medicare."
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Personal Development
"If any of the socialist chiefs had tried to earn his living by selling hot dogs, he would have learned something about the sovereignty of the consumers."
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Personal Development
"The free market has never worked in agriculture and it never will. The economics of a family farm are very different from a firm's... the demand for food isn't elastic, people don't eat more just because food is cheap. Even if I go out of business this land will keep producing corn."
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"Now Stan and I were still working in secret at that time but, because of this development, we had to inform the University of Utah because we thought that they might need to take patent protection."
Time
"So if I could just go back now to something which I am sure we should cover here regarding our original scenario: we have, in fact, four ways - four major potential lines of research."
Fact
"I don't know whether you have done your calculations but, about two or three years back, I did a first assessment of what the first successful device would be worth and it came out at about 300 trillion dollars."
Success
"The problem is that replacement of Quantum Mechanics by Quantum Field Theory is still very demanding."
Theory
"It is not necessarily true that expensive experiments are not worthwhile doing but there are plenty of rather cheap experiments which are certainly worth doing."
Worth
"Now, of course, cold fusion is the daddy of them all in a way, in terms of value, so I think that viewed in a social way, from the point of social considerations and economics, it will tell you that this thing will stay around."
Economics
"I have had this view of the optimization of the electrode design for a long time. Historically we went through various phases in the work and eventually worked on large sheets - very large sheets - of palladium."
Design
"Usually, if you have a new idea, you very rarely break through to anything like recognizable development or implementation of that idea the first time around - it takes two or three goes for the research community to return to the topic."
Time
"One of my theme songs is that if you can't do it in a test tube, don't do it."
Music
"I think British science is becoming more like American science - and then there is everybody else, I'm afraid."
Science
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