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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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Explore more quotes by Thomas J. Sargent
"The first and most optimistic response was complete rational expectations econometrics. A rational expectations equilibrium is a likelihood function. Maximize it."
"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."
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"I still ask myself why did you watched the film Paranormal Activity the all parts or the film "The VIsit" 2015. Both were home made and not big deal even stupid, you even watch football + you play one game over and over and over, you play stupid games + you watch stupid stuff and after all you still ask yourself why you are stupid. The answer is somewhere here, search it!"
"Actually, watching television and surfing the Internet are really excellent practice for being dead."
"The television is 'real'. It is immediate, it has dimension. It tells you what to think and blasts it in. It must be right. It seems so right. It rushes you on so quickly to its own conclusions your mind hasn't time to protest, 'What nonsense!'."
"I became a journalist because I did not want to rely on newspapers for information."
"The comic book is not the book. the graphic novel is not the novel. The same, of course, is true of films and television. When we move a story from one medium to another, no matter how faithful we attempt to be, some changes are inevitable. Each medium has its own demands, own restrictions, its own way of telling a story."
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