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Martin Feldstein

"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."

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"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."

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Amber Hurdle

"At the end of all spiritual paths, there lies only a cold graveyard; the path of science is the only path that may give you something better than this!"

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Amber Hurdle

"It is possible for you to realise your dream as a scientist, you must be a passionate learner and curious enough to seek this wonderful career path."

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Amber Hurdle

"... science must sometimes be treated as a possible enemy."

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Amber Hurdle

"No definite sciencewithout trial & error."

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Amber Hurdle

"Science is knowledge meeting humility meeting curiosity: ever-evolving, always learning. Atheism is often but knowledge meeting arrogance: a masquerade under the wing of the beauty of science. Religion is infamously a weight under the one wing; then under the other is atheism, the championed masquerade."

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Amber Hurdle

"The ratio of feed to flesh in chicken, the most efficient animal by this measure, is two pounds of corn to one of meat, which is why chicken costs less than beef."

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Amber Hurdle

"Where ignorance lurks, so too do the frontiers of discovery and imagination."

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Amber Hurdle

"When we look up at night and view the stars, everything we see is shinning because of distant nuclear fusion."

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Amber Hurdle

"It is a strange fact, incidentally, that religious apologists love the anthropic principle. For some reason that makes no sense at all, they think it supports their case. Precisely the opposite is true. The anthropic principle, like natural selection, is an alternative to the design hypothesis. It provides a rational, design-free explanation for the fact that we find ourselves in a situation propitious to our existence."

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Amber Hurdle

"Doctors are men who prescribe medicines of which they know little to cure diseases of which they know less in human beings of whom they know nothing."

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Martin Feldstein
"Unless the trade deficit shrinks, the combination of the trade deficit and the interest and dividend payments to foreigners will grow ever more rapidly."

Economy

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Martin Feldstein
"Although economists have studied the sensitivity of import and export volumes to changes in the exchange rate, there is still much uncertainty about just how much the dollar must change to bring about any given reduction in our trade deficit."

Change

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Martin Feldstein
"In short, both experience and economic theory imply that the US could now t to a more competitive dollar without experiencing either increased inflation or decreased economic growth."

Experience

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Martin Feldstein
"So just as I want pilots on the planes that I fly, when it comes to monetary policy, I want to think that there is someone with sound judgement at the controls."

Policy

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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."

Business

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Martin Feldstein
"We are particularly poor at the open economy issues."

Economy

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Martin Feldstein
"Homeowners who refinanced their mortgages took out cash and reduced their monthly payments at the same time. Much of the cash obtained by refinancing was spent on consumer durables, home improvements and the like."

Home

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Martin Feldstein
"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."

Finance

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Martin Feldstein
"After all, an overvalued dollar gives us the ability to buy foreign goods at lower prices. And the existing volume of exports brings more yen and euros than they would if the dollar were more competitive."

Ability

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

Science

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