Quote by Martin Feldstein
And finally, no matter how good the science gets, there are proble

And finally, no matter how good the science gets, there are problems that inevitably depend on judgement, on art, on a feel for financial markets. – Martin Feldstein

Other quotes by Martin Feldstein

A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output. – Martin Feldstein

Category:
Business
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Increased government spending can provide a temporary stimulus to demand and output but in the longer run higher levels of government spending crowd out private investment or require higher taxes that weaken growth by reducing incentives to save, invest, innovate, and work. – Martin Feldstein

Category:
Government
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Other Quotes from
Science
category

Science must begin with myths, and with the criticism of myths. – Karl Popper

Category:
Science

Science is not about control. It is about cultivating a perpetual condition of wonder in the face of something that forever grows one step richer and subtler than our latest theory about it. It is about reverence, not mastery. – Richard Powers

Category:
Science

The product of mental labor – science – always stands far below its value, because the labor-time necessary to reproduce it has no relation at all to the labor-time required for its original production. – Karl Marx

Category:
Science

Math is sometimes called the science of patterns. – Ronald Graham

Category:
Science

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Without free, self-respecting, and autonomous citizens there can be no free and independent nations. Without internal peace, that is, peace among citizens and between the citizens and the state, there can be no guarantee of external peace. – Vaclav Havel

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