Enhance Your Quote Experience
Enjoy ad-free browsing, unlimited collections, and advanced search features with Premium.
The first problem I propose to tackle is this: how much of its income should a nation save? To answer this a simple rule is obtained valid under cond… - Frank P. Ramsey
" "The first problem I propose to tackle is this: how much of its income should a nation save? To answer this a simple rule is obtained valid under conditions of surprising generality; the rule, which will be further elucidated later, runs as follows. The rate of saving multiplied by the marginal utility of money should always be equal to the amount by which the total net rate of enjoyment of utility falls short of the maximum possible rate of enjoyment.
English
Collect this quote
About Frank P. Ramsey
Frank Plumpton Ramsey (22 February 1903 – 19 January 1930) was a precocious British philosopher, mathematician and economist who died at the age of 26. He was a close friend of Ludwig Wittgenstein and was instrumental in translating Wittgenstein's into English, as well as persuading Wittgenstein to return to philosophy and Cambridge. Like Wittgenstein, he was a member of the , the intellectual secret society, from 1921.
Also Known As
Birth Name:
Frank Plumpton Ramsey
Alternative Names:
Frank Ramsey
•
F. P. Ramsey
Related quotes. More quotes will automatically load as you scroll down, or you can use the load more buttons.
Additional quotes by Frank P. Ramsey
Tautologies and contradictions are not real propositions, but degenerate cases. ...Clearly, by negating a contradiction we get a tautology, and by negating a tautology a contradiction. ...A genuine proposition asserts something about reality, and it is true if reality is as it is asserted to be. But a tautology is a symbol constructed so as to say nothing whatever about reality, but to express total ignorance by agreeing with every possibility.
Philosophy must be of some use and we must take it seriously; it must clear our thoughts and so our actions. Or else it is a disposition that we have to check, and an inquiry to see that this is so; i.e. the chief proposition of philosophy is that philosophy is nonsense. And again we must then take seriously that it is nonsense, and not pretend, as Wittgenstein does, that it is important nonsense!
Loading...