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

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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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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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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Other Quotes from
Science
category

The grand aim of all science is to cover the greatest number of empirical facts by logical deduction from the smallest number of hypotheses or axioms. – Albert Einstein

Category:
Science

The big journals and Nobel laureates are the equivalent of Congressional leaders in science journalism. – Michael Pollan

Category:
Science

But the imposition of morality onto science, – where it does not belong – has become rampant in recent years. – Bill Condon

Category:
Science

When I got my PhD, it was a time when there were just no jobs for PhDs. Period. PhDs were getting the lowest paid technician jobs, if they were lucky, in any kind of science. – Shannon Lucid

Category:
Science

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We must learn to live together as brothers or perish together as fools. – Martin Luther King, Jr.

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When my dad toured in 91, I think my first gig properly was the Tokyo Dome, 50,000 people indoors. That was pretty scary. I was 12, or 13. – Dhani Harrison

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“Would you like an adventure now…. or would you like to have your tea first?” Wendy said “tea first” quickly, and Michael pressed her hand in gratitude…. – J.M. Barrie, Peter Pan

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To be pregnant is to be vitally alive, thoroughly woman, and distressingly inhabited. Soul and spirit are stretched – along with body – making pregnancy a time of transition, growth, and profound beginnings. – Anne Christian Buchanan and Debra K. Kingsporn, The Quickening Heart: A Journal

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