#formation

Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast society in which fragmented knowledge must be coordinated. ↗

— Thomas Sowell

#considered #conveyor #coordinated #effective #fast

As I noted in my Nobel lecture, an early insight in my work on the economics of information concerned the problem of appropriability - the difficulty that those who pay for information have in getting returns. ↗

— Joseph Stiglitz

#difficulty #early #economics #getting #i

But individuals and firms spend an enormous amount of resources acquiring information, which affects their beliefs; and actions of others too affect their beliefs. ↗

— Joseph Stiglitz

#actions #affect #affects #amount #beliefs

In particular what is most important to me is the transformation of a sound by slowing it down, sometimes extremely, so that the inner of sound becomes a conceivable rhythm. ↗

— Karlheinz Stockhausen

#conceivable #down #extremely #important #inner

We mostly feel fearful because we feel powerless. We feel powerless, I contend, because of a style of thinking that splits information in two poles that makes us lose all the operative information we need to solve the problem. ↗

— Patricia Sun

#contend #fearful #feel #i #information

When we don't have information, we go to the simplest outlook, to black and white. But then we have to lie to ourselves. Black is never as black as you're painting it and white is never as white. ↗

— Patricia Sun

#black and white #go #information #lie #never

I'm interested in how the Internet spreads information. ↗

— Cass Sunstein

#i #information #interested #internet #spreads

Perspective gives us the ability to accurately contrast the large with the small, and the important with the less important. Without it we are lost in a world where all ideas, news, and information look the same. We cannot differentiate, we cannot prioritize, and we cannot make good choices. ↗

— John Sununu

#accurately #cannot #choices #contrast #differentiate

Incredible that liberals aren't more concerned about the monopoly of information in South Dakota. ↗

— Laura Ingraham

#concerned #dakota #incredible #information #liberals

Since then your sere Majesty and your Lordships seek a simple answer, I will give it in this manner, neither horned nor toothed. Unless I am convinced by the testimony of the Scriptures or by clear reason (for I do not trust either in the pope or in councils alone, since it is well known that they have often erred and contradicted themselves), I am bound by the Scriptures I have quoted and my conscience is captive to the Word of God. I cannot and I will not recant anything, since it is neither safe nor right to go against conscience. May God help me. Amen." (Reply to the Diet of Worms, April 18, 1521) ↗

— Martin Luther

#christian #conscience #freedom-of-religion #freedom-of-thought #organized-religion