Improvement Quotes - page 8
I think even if they were paid an hourly wage, it'd be quite an improvement from what they get. And you know, I understand the arguments about they're getting their education paid for, they're this that and the other, but there are people on academic scholarships that don't have to deal with any extra rigors. They get their education paid for. And they don't have to deal with eight hours a day of football, and you know, if you mess up your knee you've got to deal with two hours of rehab everyday. So that's 10 hours of your day gone, and there's only 24 in a day. So, if they just gave him an hourly wage, even if they gave him 10 bucks, 12 bucks an hour, that'd be a vast improvement over what they got now.
Richard Sherman (American football)
It is my firm belief that the only satisfactory test of economics is the ability to predict, and in crucial predictive situations such as reconversion after World War II, the settlement of the Korean War, the settlement of the Vietnam War, the abrupt economic policy switch of the Nixon Administration in August 1972, the oil shock of 1973 (forecast of a world-wide succession by LINK), the recession of 1990. In these crucial periods, econometric models outperformed other approaches, yet there is considerable room for improvement, and that is precisely what is being examined in development of high-frequency models that aim to forecast the economy, every week, every fortnight, or every month, depending on the degree of fineness of the information flow.
Lawrence Klein