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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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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Other Quotes from
Science
category

A powerful attraction exists, therefore, to the promotion of a study and of duties of all others engrossing the time most completely, and which is less benefited than most others by any acquaintance with science. – Charles Babbage

Category:
Science

When I investigate and when I discover that the forces of the heavens and the planets are within ourselves, then truly I seem to be living among the gods. – Leon Battista Alberti

Category:
Science

The capacity of the female mind for studies of the highest order cannot be doubted, having been sufficiently illustrated by its works of genius, of erudition, and of science. – James Madison

Category:
Science

What we must understand is that the industries, processes, and inventions created by modern science can be used either to subjugate or liberate. The choice is up to us. – Henry A. Wallace

Category:
Science

Random Quotes

Everyone thinks of changing the world, but no one thinks of changing himself. – Leo Nikolaevich Tolstoy

A huge part of what animates homophobia among young people is paranoia and fear of their own capacity to be gay themselves. – Dan Savage

Category:
Fear

If theres any object in human experience thats a precedent for what a computer should be like, its a musical instrument: a device where you can explore a huge range of possibilities through an interface that connects your mind and your body, allowing you to be emotionally authentic and expressive. – Jaron Lanier

Category:
Experience

Few people know how to take a walk. The qualifications are endurance, plain clothes, old shoes, an eye for nature, good humor, vast curiosity, good speech, good silence and nothing too much. – Ralph Waldo Emerson

Category:
Walking