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Posted by ProjectC 
<blockquote>'..a man's affective response to definite conditions of the universe..'

- Ludwig von Mises (context)</blockquote>


'And then a French tradition developed in the 18th century and continued in France and Italy, leading to a fantastic flowering of modern economic thought — Cantillon and Turgot in particular.'

<blockquote>'Schumpeter is definitely a revisionist in this sense: He believes that life existed before Adam Smith, economics existed before Adam Smith — not only existed, but was better. In other words, what you have is many hundreds of years of sound economic analysis: Scholastics from Aquinas in the Middle Ages down through the Spanish Scholastics in the late 16th century. And then a French tradition developed in the 18th century and continued in France and Italy, leading to a fantastic flowering of modern economic thought — Cantillon and Turgot in particular.

And you have everything there. You have laissez-faire much more pure and much more sound than Adam Smith. In fact, Turgot, if any of you read my old pamphlet on it, is really pre-Austrian in every sense.<a href="[mises.org];[1]</a> He's got time preference in there, he's got the Böhm-Bawerkian theory of capital, the whole business; it's fantastic. He's got the laws of diminishing returns. He's got the whole schmear.'

- Murray N. Rothbard, Orthodox Historiography of Economic Thought, 1986</blockquote>


*** Energy - Desertec

<blockquote>- Desertec

- 'Crises often present opportunities...' & Desertec 'We are an idea, a movement.' 05/27/2010

- EU sees solar power imported from Sahara in 5 years, Jun 20, 2010

- Desertec - ' "I was considered an oddball," says Knies.' 05/27/2010

- '..German companies, which are worldwide leaders in solar technology..', 05/27/2010

- The Desertec Industrial Initiative - Sahara Sun 'to help power Europe', 2 November 2009

- 'HB': Niederländer Paul van Son soll Desertec-Leiter werden, 23 Oktober 2009

- Desertec - '...a New Era in Energy', 07/13/2009</blockquote>


*** IT

<blockquote>- European Grid Infrastructure</blockquote>


*** Transport (Rail, Water, Electric)

<blockquote>- China plans bullet trains to 17 nations

- Can inland water transport play a larger role in global supply chains? 22 February 2010

- Electric propulsion - '...new generation of space-propulsion systems.'</blockquote>


<center>Economic Thought</center>