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The value of time cannot be assumed constant over time. Time is a limited good and as productivity and income increase, the relative value of time increases as well. [5] Historically, the projection of the value of time has been closely linked to personal income growth, which in practical applications is typically approximated by GDP growth.
An 1837 clock-themed token coin with the phrase "Time is money" inscribed "Time is money" is an aphorism that is claimed to have originated [1] in "Advice to a Young Tradesman", an essay by Benjamin Franklin that appeared in George Fisher's 1748 book, The American Instructor: or Young Man's Best Companion, in which Franklin wrote, "Remember that time is money."
All that glitters is not gold" is an aphorism stating that not everything that looks precious or true turns out to be so. While early expressions of the idea are known from at least the 12th–13th century, the current saying is derived from a 16th-century line by William Shakespeare , " All that glisters is not gold ".
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"Precious Time" is a popular song written by Northern Irish singer-songwriter Van Morrison and recorded on his 1999 album, Back on Top. It was released as a single in the UK and charted at No. 36. [ 1 ]
In the International System of Units (SI), the unit of time is the second (symbol: s). It has been defined since 1967 as "the duration of 9 192 631 770 periods of the radiation corresponding to the transition between the two hyperfine levels of the ground state of the caesium 133 atom", and is an SI base unit. [12]
The B-theory of time, also called the "tenseless theory of time", is one of two positions regarding the temporal ordering of events in the philosophy of time.B-theorists argue that the flow of time is only a subjective illusion of human consciousness, that the past, present, and future are equally real, and that time is tenseless: temporal becoming is not an objective feature of reality.
Mural at the Old Town Hall (Göttingen) [] in Germany.. Ars longa, vita brevis is a Latin translation of an aphorism coming originally from Greek.It roughly translates to "skillfulness takes time and life is short".