One of the first things they teach stockbrokers is to stay out of the stock market. Brokers make their pile from selling advice, and from commissions on stock transactions. They can't predict the market, and few risk their own money. They, at least, only affect their clients' fortunes. Economists, though, can ruin the lot of us with their advice - yet if no science can predict a relatively closed system like the stock market, how the devil are you going to 'fine tune' something a large as the American economy? I'd think it arrogant to try; as arrogant as the man with three illiterate drug-addicted spoiled brats writing a book on parenting.
Jerry PournelleRelated topics
advice affect american book devil economy few fine illiterate large least man market money pile predict risk ruin science selling something stay stock system teach think three try tune writing yet things parentingRelated quotes
However, I had recently had the impression they were changing-not so much by becoming less pro-Pakistan as by becoming less anti-India. I was wrong. My visit to Nixon did anything but avert the war. It was useful only to me. The experience taught me that when people do something against you, that something always turns out in your favor. At least you can use it to your advantage. It's a law of life-check it and you'll see it holds true in every situation of life. ... And do you know why I won this war? Because my army was able to do it, yes, but also because the Americans were on the side of Pakistan.
Indira Gandhi
The mode of appointment of the Chief Magistrate of the United States is almost the only part of the system, of any consequence, which has escaped without severe censure, or which has received the slightest mark of approbation from its opponents. The most plausible of these, who has appeared in print, has even deigned to admit that the election of the President is pretty well guarded.1 I venture somewhat further, and hesitate not to affirm, that if the manner of it be not perfect, it is at least excellent. It unites in an eminent degree all the advantages, the union of which was to be wished for.
Alexander Hamilton
At the one end of the scale are the Communist countries: at the other end the United States of America stands for individual liberty in the political sphere and for the maintenance of human rights. But its economy is based on capitalism, with all the problems which it presents, and with the characteristic extreme inequality of wealth in its citizens... Great Britain, like the other countries of western Europe, is placed geographically and from the point of view of economic and political theory between these two great continental States... Our task is to work out a system of a new and challenging kind, which combines individual freedom with a planned economy, democracy with social justice.
Clement Attlee
The English nation, for their improvements in the theory of government, has, at least, more merit with the human race than any other among the moderns. The late most beautiful and liberal speculations of many writers, in various parts of Europe, are manifestly derived from English sources. Americans, too, ought for ever to acknowledge their obligations to English writers, or rather have as good a right to indulge a pride in the recollection of them as the inhabitants of the three kingdoms. The original plantation of our country was occasioned, her continual growth has been promoted, and her present liberties have been established by these generous theories.
John Adams
It is worth remembering that every writer begins with a naively physical notion of what art is. A book for him or her is not an expression or a series of expressions, but literally a volume, a prism with six rectangular sides made of thin sheets of papers which should include a cover, an inside cover, an epigraph in italics, a preface, nine or ten parts with some verses at the beginning, a table of contents, an ex libris with an hourglass and a Latin phrase, a brief list of errata, some blank pages, a colophon and a publication notice: objects that are known to constitute the art of writing.
Jorge Luis Borges
