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Different Quotes - page 87 - Quotesdtb.com
Different Quotes - page 87
Britain for a long time had a reflection of its class structure which meant that people like, well, J. B. S. Haldane who was the nephew of Lord Haldane, or Bertrand Russell who became Lord Russell, could do what they pleased, and it's interesting to think that Bertrand Russell never had a job, he never had to compete for a job. Haldane had four or five different jobs in his life, totally different. He probably could have - if he had been bothered - have just abandoned his job and went on to live otherwise. ... But this no longer exists. IBM no longer exists. I don't see a place now where somebody like myself who combined, let's say, unusual gifts and unusual tastes and, who everybody said has promise, was certainly a misfit of the worst kind could find a position at this point and I think that a tragedy.
Benoît Mandelbrot
The proof of the pudding is in the eating. There was a widespread myth of the 1970s, a myth along Tom Kuhn's (1962) Structure of Scientific Revolutions lines. The Keynesianism, which worked so well in Camelot and brought forth a long epoch of price-level stability with good Q growth and nearly full employment, gave way to a new and quite different macro view after 1966. A new paradigm, monistic monetarism, so the tale narrates, gave a better fit. And therefore King Keynes lost self esteem and public esteem. The King is dead. Long live King Milton!
Contemplate the true facts. Examine 10 prominent best forecasting models 1950 to 1980: Wharton, Townsend–Greenspan, Michigan Model, St. Louis Reserve Bank, Citibank Economic Department under Walter Wriston's choice of Lief Olson, et cetera. ... M did matter as for almost everyone. But never did M alone matter systemically, as post-1950 Friedman monetarism professed.
Paul Samuelson
"Well, mother, people have different names for different things. I hear a great deal about Ellery Davenport's tact and knowledge of the world, and all that; but he does a great deal of what I call lying, - so there! Now there are some folks who lie blunderingly, and unskilfully, but I 'll say for Ellery Davenport that he can lie as innocently and sweetly and prettily as a French woman, and I can't say any more. And if a woman does n't want to believe him, she just must n't listen to him, that 's all. I always believe him when he is around, but when he 's away and I think him over, I know just what he is, and see just what an old fool he has made of me."
These words dropped into my childish mind as if you should accidentally drop a ring into a deep well. I did not think of them much at the time, but there came a day in my life when the ring was fished up out of the well, good as new.
Harriet Beecher Stowe