The recent period has been marked by a transformation to an economy that is more productive as competitive forces become increasingly intense and new technologies raise the efficiency of our businesses...While these tendencies were no doubt in train in the "old," pre-1990s economy, they accelerated over the past decade as a number of technologies with their roots in the cumulative innovations of the past half-century began to yield dramatic economic returns.
If, then, my awareness of the past and future makes me less aware of the present, I must begin to wonder whether I am actually living in the real world.
Clearly, sustained low inflation implies less uncertainty about the future, and lower risk premiums imply higher prices of stocks and other earning assets. We can see that in the inverse relationship exhibited by price/earnings ratios and the rate of inflation in the past. But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade?
That which befits us, embosomed in beauty and wonder as we are, is cheerfulness, and courage, and the endeavor to realize our aspirations. Shall not the heart which has received so much, trust the Power by which it lives? May it not quit other leadings, and listen to the Soul that has guided it so gently, and taught it so much, secure that the future will be worthy of the past?
The course of my long life hath reached at last in fragile bark over a tempestuous sea the common harbor, where must rendered be account for all the actions of the past.
Creativity is the power to reject the past, to change the status quo, and to seek new potential. Simply put, aside from using one's imagination - perhaps more importantly - creativity is the power to act.
You think you might know something about yourself or why you act or react in certain ways and then you come to new information and suddenly you see your past and your present in a completely different light.
My friends: Music is the language of spirits. Its melody is like the frolicsome breeze that makes the strings quiver with love. When the gentle fingers of Music knock at the door of our feelings, they awaken memories that have long lain hidden in the depths of the Past. The sad strains of Music bring us mournful recollections; and her quiet strains bring us joyful memories. The sound of strings makes us weep at the departure of a dear one, or makes us smile at the peace God has bestowed upon us.
Pleasure to me is wonder—the unexplored, the unexpected, the thing that is hidden and the changeless thing that lurks behind superficial mutability. To trace the remote in the immediate; the eternal in the ephemeral; the past in the present; the infinite in the finite; these are to me the springs of delight and beauty.
Socialism is the phantastic younger brother of despotism, which it wants to inherit. Socialism wants to have the fullness of state force which before only existed in despotism. ... However, it goes further than anything in the past because it aims at the formal destruction of the individual ... who ... can be used to improve communities by an expedient organ of government.