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Martin Feldstein

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

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

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Akiroq Brost

"Science is what you know, philosophy is what you don't know."

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Personal Development

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Akiroq Brost

"Human psychology is the most mysterious thing in the world."

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Akiroq Brost

"The Man in the Moon is in fact a record of ancient catastrophes--most of which took place before humans, before mammals, and probably even before life arose on Earth. It is a characteristic conceit of our species to put a human face on random cosmic violence."

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Akiroq Brost

"Some say we are not like humans but we are more like them than we are different. Man and animals are in the same species as mammals as they have mammary glands that produce the milk to nurse their young. Their lungs breathe air and their blood is warm. They are vertebrates in that their skeletal system and well-designed spines hold their bodies together. Each cell is made of molecules, each molecule is made of atoms, and each atom is made of protons, neutrons and mostly electrons, which are made of waves of fibered light."

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Akiroq Brost

"Is it not curious, that so vast a being as the whale should see the world through so small an eye, and hear the thunder through an ear which is smaller than a hare's? But if his eyes were broad as the lens of Herschel's great telescope; and his ears capacious as the porches of cathedrals; would that make him any longer of sight, or sharper of hearing? Not at all.-Why then do you try to 'enlarge' your mind? Subtilize it."

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Akiroq Brost

"Science is properly more scrupulous than dogma. Dogma gives a charter to mistake, but the very breath of science is a contest with mistake, and must keep the conscience alive."

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Akiroq Brost

"Our probable ancestors, Homo erectus and Homo habilis -now extinct- are classified as of the same genus (Homo) but of different species, although no one (at least lately) has attempted the appropriate experiments to see if crosses of them with us would produce fertile offspring."

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Akiroq Brost

"Plato, Socrates, Aristotle and many more great minds laid the groundwork for the development of modern science. Over the foundation of philosophy, history witnessed the daring ventures of human excellence by both philosophical and scientific geniuses, such as Leonardo-da-Vinci, Copernicus, Galileo, Kepler, Bacon, Darwin, Newton and so on. And the chain of reaction they triggered with their extraordinarily abnormal thinking, given their surrounding ignorance and fundamentalism, resulted into the evolution of our modern science."

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Akiroq Brost

"Through Neurotheology, I and my fellow scientists of twenty-first century have already taken the first step from the side of Science, to diminish the gap between Science and Religion. Now it is time for Religion to do the same."

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Akiroq Brost

"In scientific thinking are always present elements of poetry. Science and music requires a thought homogeneous."

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Martin Feldstein
"The more competitive value of the dollar turned around the trade deficit."

Economy

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Martin Feldstein
"I think that over the last few decades, we have seen better economic outcomes than in the past."

Past

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Martin Feldstein
"Domestic inflation reflects domestic monetary policy."

Policy

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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
"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."

Science

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Martin Feldstein
"Even if the dollar does decline during the coming months, the delays in the response of exports and imports to the more competitive dollar will mean that the increase in aggregate demand from this source may not happen for a year or more."

Economy

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Martin Feldstein
"Inflation is lower and more stable and the real business cycle fluctuations are more modest."

Business

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Martin Feldstein
"First, I think the science of monetary economics has clearly gotten better."

Science

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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
"We pay some price when necessary to bring down inflation but that price is temporary and is not large relative to the permanent gain from reduced inflation."

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