Choice Quotes - page 37
The reason why so few persons are agreeable in conversation is that each thinks more of what he desires to say, than of what the others say, and that we make bad listeners when we want to speak. Yet it is necessary to listen to those who talk, we should give them the time they want, and let them say even senseless things; never contradict or interrupt them; on the contrary, we should enter into their mind and taste, illustrate their meaning, praise anything they say that deserves praise, and let them see we praise more from our choice than from agreement with them. To please others we should talk on subjects they like and that interest them, avoid disputes upon indifferent matters, seldom ask questions, and never let them see that we pretend to be better informed than they are.
François de La Rochefoucauld
Microeconomics, including the study of individual choice and of group choice in market and nonmarket processes, has generally been considered a field science as distinct from an experimental science. Hence microeconomics has sometimes been classified as "non-experimental" and closer methodologically to meteorology and astronomy than to physics and experimental psychology (Marschak, 1950, p. 3; Samuelson, 1973, p. 7). But the question of using experimental or nonexperimental techniques is largely a matter of cost, and generally the cost of conducting the most ambitious and informative experiments in astronomy, meteorology, and economics varies from prohibitive down to considerable. The cost of experimenting with different solar system planetary arrangements, different atmospheric conditions, and different national unemployment rates, each under suitable controls, must be regarded as prohibitive.
Vernon L. Smith