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"The illusiveness of this concept of national income is to be seen in its dependence on changes in the purchasing power of the monetary unit. The more inflation progresses, the higher rises the national income."

— Ludwig von Mises
ludwig von mises Quotes Concepts,Dependence,Inflation

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Ludwig von Mises
Concepts
Dependence
Inflation
Income
Progress
Making Money
Units
Purchasing Power
Purchasing
Monetary

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The secret of living is to find a pivot, the pivot of a concept on which you can make your stand.

— Luigi Pirandello

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Knowledge, in so far as it is directed to practical matters, has only to enumerate the principal possible attitudes of the thing towards us, as well as our best possible attitude towards it. Therein lies the ordinary function of ready-made concepts, those stations with which we mark out the path of becoming. But to seek to penetrate with them into the inmost nature of things, is to apply to the mobility of the real a method created in order to give stationary points of observation on it.

— Henri Bergson

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