Quote by Martin Feldstein
A second reason why science cannot replace judgement is the behavi

A second reason why science cannot replace judgement is the behavior of financial markets. – Martin Feldstein

Other quotes by Martin Feldstein

To finance this trade deficit, the U.S. has to borrow from the rest of the world or sell American assets like stocks, businesses, and real estate to the rest of the world. – Martin Feldstein

Category:
finance
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The only way that we can reduce our financial dependence on the inflow of funds from the rest of the world is to reduce our trade deficit. – Martin Feldstein

Category:
finance
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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

Nature engenders the science of painting. – Robert Delaunay

Category:
Science

I certainly saw science as a kind of calling, and one with as much legitimacy as a religious calling. – Joshua Lederberg

Category:
Science

A science is any discipline in which the fool of this generation can go beyond the point reached by the genius of the last generation. – Max Gluckman, Politics, Law and Ritual, 1965

Category:
Science

Both the man of science and the man of action live always at the edge of mystery, surrounded by it. – J. Robert Oppenheimer

Category:
Science

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I have ceased to question stars and books; I have begun to listen to the teaching my blood whispers to me. – Herman Hesse

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Money is good for bribing yourself through the inconveniences of life. – Gottfried Reinhardt

Category:
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I do believe were all connected. I do believe in positive energy. I do believe in the power of prayer. I do believe in putting good out into the world. And I believe in taking care of each other. – Harvey Fierstein

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