Offensive Quotes - page 10
[On Ainsley Harriott] I must admit, I tend to think - with Ainsley - if you're that happy, you haven't really understood the world. You see, I think that cheeriness is all very well. Beyond a certain point it becomes quite offensive. And how many versions of what is, basically, your dinner can Ainsley do? There must be executives stalking the corridors of White City, thinking 'We need a new idea for Ainsley. He's so jolly. What can we have? We've had him doing Can't Cook, Won't Cook, Ready Steady Cook, Barbecues. We need something new, different, edgy. How about this? We like this. Ainsley's Death-Row Dinners. Yes, the jolly chef tours the condemned man with a last supper to remember. We can have the recipes in the Radio Times - Ainsley's Humanely Fried Chicken, with a lethal injection of butter! - guaranteed to make the governor say 'Pardon'.
Linda Smith
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