Labour once spent has no influence on the future value of any article; it is gone and lost for ever. In commerce bygones are forever bygones; and we are always starting clear at each moment, judging the values of things with a view to future utility.
The Plagiarism of orators is the art, or an ingenious and easy mode, which some adroitly employ to change, or disguise, all sorts of speeches of their own composition, or that of other authors, for their pleasure, or their utility; in such a manner that it becomes impossible even for the author himself to recognise his own work, his own genius, and his own style, so skilfully shall the whole be disguised.isaac d'israeli
Economists tell us that the 'price' of an object and its 'value' have very little or nothing to do with one another. 'Value' is entirely subjective economic value, anyway while 'price' reflects whatever a buyer is willing to give up to get the object in question, and whatever the seller is willing to accept to give it up. Both are governed by the Law of Marginal utility, which is actually a law of psychology, rather than economics. For government to attempt to dictate a 'fair price' betrays complete misunderstanding of the entire process.l. neil smith
The principle of utility judges any action to be right by the tendency it appears to have to augment or diminish the happiness of the party whose interests are in question... if that party be the community the happiness of the community, if a particular individual, the happiness of that individual.jeremy bentham
May those men who are animated by the true scientific spirit cease to believe that they are obliged to consider only subjects of public utility; ...because, one must not hide it, the field of applications, so rich and fertile today, would not take long to be blighted by sterility if it ceased to be fertilized and revivified by the beneficial light which theoretical research radiates and pours incessantly upon it.léon foucault
This new form of communication could have some utility.guglielmo marconi
Bernoulli's real contribution was to coin a word. The word has been translated into English as "utility". It describes this subjective value people place on money.william poundstone
Most people, even in simple risky situations, don't behave the way the theory of utility would have them behave.howard raiffa
" the merchant had observed that the marginal utility of daughters decreases with surprising rapidity."joan robinson
Concerning the utility of Rhetoric, it is to be observed that it divides itself into two; first, whether Oratorical skill be, on the whole, a public benefit, or evil; and secondly, whether any artificial system of Rules is conducive to the attainment of that skill.Richard Whately
[The theory of the firm] is exactly analogous to the analysis of the reactions of a consumer by means of indifferent curves. Indeed, a consumer is merely a ‘firm’ whose product is ‘utility’.kenneth boulding
Every institution goes through three stages utility, privilege, and abuse.françois-rené de chateaubriand
The nineteenth century, utilitarian throughout, set up a utilitarian interpretation of the phenomenon of life which has come down to us and may still be considered as the commonplace of everyday thinking. ... An innate blindness seems to have closed the eyes of this epoch to all but those facts which show life as a phenomenon of utilityjosé ortega y gasset
These are, of course, some things which, for utility's sake, must be made of the same size in a small theatre, and a large one: such as the steps, curved cross-aisles, their parapets, the passages, stairways, stages, tribunals, and any other things which occur that make it necessary to give up symmetry so as not to interfere with utility.vitruvius
The laws of [false utility] are those which forbid to wear arms, disarming those only who are not disposed to commit the crime which the laws mean to prevent. Can it be supposed, that those who have the courage to violate the most sacred laws of humanity, and the most important of the code, will respect the less considerable and arbitrary injunctions, the violation of which is so easy, and of so little comparative importance? Does not the execution of this law deprive the subject of that personal liberty, so dear to mankind and to the wise legislator?
I think we ought to adhere to those ancient forms which have been perfected by the wisdom of ages and confirmed in their utility by the experience of many centuries.
The limitation of suits is founded in public convenience; and attended with so much utility, that Courts of Equity adopt this Statute as a positive rule, and apply it, by parity of reason, to cases not within it.
Project management is not universally applicable. The utility of the idea depends on the magnitude of the effort, the complexity, the degree of unfamiliarity and interrelatedness, and the concern with the organization's reputation.
utility is the emotion pleading to be let into the house of pure reason and thereby enriching it.dennis lindley
utility then is not the measure of exchangeable value, although it is absolutely essential to it.David Ricardo
The general theory of economic equilibrium was strengthened and made effective as an organon of thought by two powerful subsidiary conceptions the Margin and Substitution . The notion of the Margin was extended beyond utility to describe the equilibrium point in given conditions of any economic factor which can be regarded as capable of small variations about a given value,or in its functional relation to a given value.john maynard keynes