Friday, January 27, 2012


Supply and Demand

Lord Stowell (1745–1836), quoted in Geoffrey Madan's Notebooks: A Selection, edd. J.A. Gere and John Sparrow (1981; rpt. Oxford: Oxford University Press, 1985), p. 129:
If you provide a larger amount of highly cultivated talent than there is a demand for, the surplus is very likely to turn sour.

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