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It is true that advertising often gives information and is valuable for doing so, but some forms of advertising give precious little information, and even that little is wrong.
Randal Marlin
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It is often stated that of all the theories proposed in this century, the silliest is quantum theory. In fact, some say that the only thing that quantum theory has going for it is that it is unquestionably correct.
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It has now become a very common sentiment, that there is some deep and radical wrong somewhere, and that legislators have proved themselves incapable of discovering, or of remedying it.
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Advertising is a valuable economic factor because it is the cheapest way of selling goods, particularly if the goods are worthless.
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What is the good of drawing conclusions from experience? I don't deny we sometimes draw the right conclusions, but don't we just as often draw the wrong ones?
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Far better an approximate answer to the right question, which is often vague, than an exact answer to the wrong question, which can always be made precise.
John Tukey