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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But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries. – 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

Science has explained nothing the more we know the more fantastic the world becomes and the profounder the surrounding darkness. – Aldous Huxley

Category:
Science

Some ideas you have to chew on, then roll them around a lot, play with them before you can turn them into funky science fiction. – Rudy Rucker

Category:
Science

There is a fifth dimension, beyond that which is known to man. It is a dimension as vast as space and as timeless as infinity. It is the middle ground between light and shadow, between science and superstition. – Rod Serling

Category:
Science

I sort of feel that climate change will be solved by science. I just feel instinctively that we will find a way of saving ourselves. But I am less confident that we wont destroy ourselves in other ways. – Richard Eyre

Category:
Science

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Life is not a matter of place, things or comfort rather, it concerns the basic human rights of family, country, justice and human dignity. – Imelda Marcos

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Family

Rebuke should have a grain more of salt than of sugar. – Proverb

I felt it shelter to speak to you. – Emily Dickinson

Category:
Best Friends

An optimist is a proponent of the doctrine that black is white. – Ambrose Bierce

Category:
Optimism