Rational Quotes - page 32
Macro rational expectations, as I have labeled the hypothesis, seems to say that expectations in an economist's model must be perfectly consistent with his model that embodies these expectations. In other words, the agents of his model must all share his views of the relevant economic mechanisms, as well as his data. Why? Because if he holds them they must believe they are God's truth and, if so, rational people can have no other views (and of course we should never ask how they would come by these views and data, that not even other specialists may have heard of yet, let alone accepted). I submit that this view is pretty absurd--I would almost say offensive! I certainly believe that I know more about economics and the economy than (almost) everybody else, and i can even prove it: If everybody shared my vies, then the economy could not be in today's troubles.
Franco Modigliani
At the end of the last book he published, The Law of Peoples, Rawls sets out the task of "reconciling” members of "liberal democratic” societies to their social order, and interprets his own previous work as contributing to that enterprise. Hegel tried to "reconcile” Prussians in the early 1820s with the Prussian state by showing that, although that state needed some far-reaching reforms, it was nevertheless fundamentally "rational” and conformed to all the intuitive demands for moral acceptability that its members might impose on it.” Similarly, Rawls's work was an attempt to reconcile Americans to an idealised version of their own social order at the end of the twentieth century.
Raymond Geuss
[Aldous Huxley] compared the brain to a 'reducing valve'. In ordinary perception, the senses send an overwhelming flood of information to the brain, which the brain then filters down to a trickle it can manage for the purpose of survival in a highly competitive world. Man has become so rational, so utilitarian, that the trickle becomes most pale and thin. It is efficient, for mere survival, but it screens out the most wondrous part of man's potential experience without his even knowing it. We're shut off from our own world.
Tom Wolfe
I can't speak for readers in general, but personally I like to read stories behind which there is some truth, something real and above all, something emotional. I don't like to read essays on literature; I don't like to read critical or rational or impersonal or cold disquisitions on subjects.
Laura Esquivel
Gossip, public, private, social - to fight against it either by word or pen seems, after all, like fighting with shadows. Everybody laughs at it, protests against it, blames and despises it; yet everybody does it, or at least encourages others in it: quite innocently, unconsciously, in such a small, harmless fashion - yet we do it. We must talk about something, and it is not all of us who can find a rational topic of conversation, or discuss it when found.
Dinah Craik
