Preferences Quotes - page 2

Imagine each family as a kind of little factory--a multiperson unit producing meals, health, skills, children, and self-esteem from market goods and the time, skills, and knowledge of its members. This is only one of the remarkable concepts explored by Gary Becker in his landmark work on the family. Becker applies economic theory to the most sensitive and fateful personal decisions, such as choosing a spouse or having children. He uses the basic economic assumptions of maximizing behavior, stable preferences, arid equilibria in explicit or implicit markets to analyze the allocation of time to child care as well as to careers, to marriage and divorce in polygynous as well as monogamous societies, to the increase and decrease of wealth from one generation to another. (Gary Becker)
After society has decided on a social choice rule-a recipe for choosing the optimal social alternative (or alternatives) on the basis of individuals' preferences over the set of all social alternatives-the social planner still faces the problem of how to implement that rule. In particular, the planner may not know individuals' preferences. He might attempt to elicit them, but this may not be an easy task, even abstracting from communication costs. If individuals know the rule by which the planner selects alternatives on the basis of reported preferences, they may have an incentive to report falsely. View quote
Eric Maskin
People who are rich find it hard to understand the behavior of poor people. Economists are no exception, for they, too, find it difficult to comprehend the preferences and scarcity constraints that determine the choices that poor people make. View quote
Theodore Schultz
Unless there is an obvious reason to do otherwise, most of use passively accept decision problems as they are framed and therefore rarely have an opportunity to discover the extent to which our preferences are frame-bound rather than reality-bound. View quote
Daniel Kahneman
Martel still did not want to believe in it, but brute experience of it forced him to, whatever his preferences. View quote
James Blish
The considered professional judgment of the Air Force is that the traditional outfitting of personnel in standardized uniforms encourages the subordination of personal preferences and identities in favor of the overall group mission. View quote
William Rehnquist
This isn't just consulting work, Haig. It means going into politics.” "So?” "What do I need it for?” "Nobody needs anything except a little food and water now and then. The rest is preferences. View quote
Robert Silverberg
Capitalism is a system in which many scarce resources are owned privately, and decisions about allocating them are a private prerogative. Democracy is a system through which people as citizens may express preferences about allocating resources that they do not privately own. Hence the perennial question of political theory and of practical politics concerns the competence of these two systems with regard to each other. Is it possible for governments to control a capitalist economy? In particular, is it possible to steer the economy against the interests and preferences of those who control productive wealth? View quote
Adam Przeworski
(When asked what shaped his musical preferences) That comes from many directions. My parents, relatives, and friends shaped a good part of that, and whatever I heard on the radio and mtv growing up (back when MTV was actually a music channel instead of a teenage reality show channel) and movies I loved, just wherever it came from that exposed me to it I would weed out quickly what I did and didn't care for. My music tastes have always been diverse, though I tried to kid myself at certain times that I only like this or that, no matter what everything I ever liked has still stuck with me so I learned to embrace that and not close myself off to things. View quote
Frank Klepacki
Deep-seated preferences cannot be argued about - you cannot argue a man into liking a glass of beer - and therefore, when differences are sufficiently far reaching, we try to kill the other man rather than let him have his way. But that is perfectly consistent with admitting that, so far as appears, his grounds are just as good as ours. View quote
Oliver Wendell Holmes Jr.
To be civilized is to be potentially master of all possible ideas, and that means that one has got beyond being shocked, although one preserves one's own moral aesthetic preferences. (Oliver Wendell Holmes Jr.)
The truth may be puzzling. It may take some work to grapple with. It may be counterintuitive. It may contradict deeply held prejudices. It may not be consonant with what we desperately want to be true. But our preferences do not determine what's true. View quote
Carl Sagan
It is a good idea not to make up our minds prematurely on this issue. It is probably best not to let our personal preferences influence the decision. Rather, in the long tradition of successful science, we should permit nature to reveal the truth to us. View quote
Carl Sagan
preferences ⊕ institutions ⊕ physical possibilities = outcomes. View quote
Charles Plott
Our preferences for stability and security blind us to the opportunities for adventure when they present themselves. View quote
Alan Hirsch
What country in the world today engages in the most extreme anti-Semitic persecution? The Soviet Union. It's not an accident, because if you have a society with concentrated power, if you have a collectivist society, it's going to be in a position to exercise the preferences and prejudices of its rulers. Moreover, it's going to have an incentive to do so, because it's going to need a scapegoat and it will choose some group like the Jews or the blacks to be the scapegoat. View quote
Milton Friedman
Free speech rights means that government officials are barred from creating lists of approved and disapproved political ideas and then using the power of the state to enforce those preferences. View quote
Glenn Greenwald
No, my work does not reflect my sexual preferences, it reflects the fact that I feel total freedom as an artist. View quote
Patti Smith
Every person professes to love good and hate evil, but in his actions his real preferences emerges. View quote
Piers Anthony
The confusion between temperament and character has had serious consequences for ethical theory. Preferences with regard to differences in temperament are mere matters of subjective taste. But differences in character are ethically of the most fundamental importance. View quote
Erich Fromm
A garden that one makes oneself becomes associated with one's personal history and that of one's friends, interwoven with one's tastes, preferences, and character, and constitutes a sort of unwritten, but withal manifest autobiography. Show me your garden, provided it be your own, and I will tell you what you are like. (Alfred Austin)
I believe that if you go and ask a chief executive of a Goldman Sachs or a BP, and they answer you honestly...they want monopolies, they want government subsidies, they want preferences – they're not interested in free markets." View quote
Ian Bremmer
Younger people actually understand how it works. They don't just take what they are fed according to their preferences; they go look at other things. So I've always been more anti-baby boomer and more pro-millennial. View quote
Bill Kristol
And I had been very encouraged by the, I think, interest in President-elect Trump's wanting to work with my team around many of the issues that this great country faces. And I believe that it is important for all of us, regardless of party and regardless of political preferences, to now come together, work together to deal with the many challenges that we face. View quote
Barack Obama
The audience's preferences for films are in black and white. They either like a film or they don't. View quote
Shahrukh Khan