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"What information consumes is rather obvious: it consumes the attention of its recipients. Hence a wealth of information creates a poverty of attention, and a need to allocate that attention efficiently among the overabundance of information sources that might consume it."
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Exlpore more Wealth quotes
"Looking flash without the cash is worthless!"
"There really is no correlation between age and one's bank balance. I've met wealthy boys and broke men."
"Many a rich man's bed is bigger than many a poor woman's bedroom; his bedroom, her house."
"Is there any riches like redemption?"
"I can amass countless fortunes and yet stand with empty hands. I can seek God and have fortunes that fill countless hands."
Explore more quotes by Herbert Simon
"Learning is any change in a system that produces a more or less permanent change in its capacity for adapting to its environment."
"Anything that gives us new knowledge gives us an opportunity to be more rational."
"Engineering, medicine, business, architecture and painting are concerned not with the necessary but with the contingent - not with how things are but with how they might be - in short, with design."
"There are no morals about technology at all. Technology expands our ways of thinking about things, expands our ways of doing things. If we're bad people we use technology for bad purposes and if we're good people we use it for good purposes."
"The social sciences, I thought, needed the same kind of rigor and the same mathematical underpinnings that had made the "hard" sciences so brilliantly successful."
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