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"There was a danger that skeptics and opponents would misread those likelihood ratio tests as rejections of an entire class of models, which of course they were not."
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"A newspaper is an oversized book with adverts and an expiry date."
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Personal Development
"Tactical use of the media can be equated to power behind your skill or special ability. It is in the power of the media to help market your brand. You just need to look at Hollywood, European football, Bollywood, Nollywood, Global fashion & modeling, showbiz and even humanitarian efforts, to appreciate that the making and destroying of stars, initiatives and legends is to a greater extent influenced by the role played by the media."
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Personal Development
"Advertisements contain the only truth to be relied on in a newspaper."
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Personal Development
"If you interviewed 1,000 politicians and asked about whether the media's too soft or too hard, about 999 would say too hard."
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Personal Development
"Why does there exist a global American entertainment industry, but there isn't an equivalent coming from France or Italy? This is the case simply because the English language opens the whole world to the American cinema."
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Personal Development
"We have to do more than keep media giants from growing larger; they're already too big. We need a new set of rules that will break these huge companies to pieces."
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Personal Development
"With me, everything's right on the table."
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Personal Development
"Open a magazine from the 1930s and '40s and look at the illustrations in it. There's nobody alive that could touch the way they could draw back then."
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Personal Development
"You can never talk religion on network TV. It makes too many people angry. You can talk about sex."
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Personal Development
"But, we didn't have all the media that we do today."
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"The first and most optimistic response was complete rational expectations econometrics. A rational expectations equilibrium is a likelihood function. Maximize it."
Expectation
"There was a danger that skeptics and opponents would misread those likelihood ratio tests as rejections of an entire class of models, which of course they were not."
Media
"In the 1980s, there were occasions when it made sense to say, 'it is too difficult to maximize the likelihood function, and besides if we do, it will blow our model out of the water.'"
Sense
"Lucas attended a conference on rational expectations at the University of Minnesota in the spring of 1973. The day after the conference, I received a call from Pittsburgh."
Media
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