Think Freely Media presents Common Sense with Paul Jacob

Simon Newcomb

Simon Newcomb

“Man seeks his ends, not necessarily in that way which is absolutely the easiest, but in the easiest way he knows. As his knowledge increases he discovers ways of increasing his power which he did not before know; and so important is this knowledge that it has been more instrumental in enabling him to improve his condition than his labor has. Thus, our knowledge of the expansive power of steam has caused the labor spent in making engines to be almost infinitely more efficient than would have been the same amount of labor without that knowledge.”

Simon Newcomb, Principles of Political Economy, 1886, p. 27.

By: Redactor

Leave a Reply

Your email address will not be published. Required fields are marked *

© 2016 Common Sense with Paul Jacob, All Rights Reserved. Back to top