Danh ngôn của Martin Feldstein
A second reason why science cannot replace judgement is the behavior of financial markets.
A second reason why science cannot replace judgement is the behavior of financial markets.
Lý do thứ hai khiến khoa học không thể thay thế được khả năng phán đoán là hành vi của thị trường tài chính.
Tác giả: Martin Feldstein | Chuyên mục: Science | Sứ mệnh: [7]
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Các câu danh ngôn khác của cùng tác giả: 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.
- 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.
- 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.
- 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.
- 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.
Các câu danh ngôn khác của cùng chuyên mục: Science
- Any sufficiently badly-written science is indistinguishable from magic.
- My father left me with his love of Jewish studies and cultural life. To this very day, along with several physicians and scientist colleagues, I take regular periodical lessons taught by a Rabbinical scholar on how the Jewish law views moral and ethical problems related to modern medicine and science.
- Biochemistry is the science of life. All our life processes - walking, talking, moving, feeding - are essentially chemical reactions. So biochemistry is actually the chemistry of life, and it's supremely interesting.
- The chances of Israeli science competing with big American science are small. For almost 15 years, we had no competition.
- The philosophy of the school was quite simple - the bright boys specialised in Latin, the not so bright in science and the rest managed with geography or the like.