George Akerlof Quotes
When you give chief executives too much compensation in stock options, they concentrate too much on the stock price, and there is a perverse incentive to raise the stock price, particularly when the chief executive wants to exercise his own options.

Quotes to Explore
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Drink lots of water and stay hydrated.
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I don't have a disregard for my reader in humor pieces.
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Many of us didn't believe in the image of bin Laden as a wandering Old Man of the Mountains, living on plants and insects in an inhospitable cave somewhere on the porous Pakistan-Afghan border.
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I am a night owl. I always have been... and I'd like to think I always will be, although surely having children will put a stop to my nightly affairs with myself.
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I love gay Mardi Gras in Sydney, which is a big parade, a big march that thousands and thousands of people participate in. And there's one little group... well it's not little, it's got hundreds of people marching, and they're all very sweet, middle-aged and elderly people who are the parents of gay children who are out and proud.
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I do love getting dressed up, but sometimes it's glam and edgy mixed together.
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The basic question 'will I obey Christ 's teaching?' is rarely taken as a serious issue. For example, to take one of Jesus' commands, that is relevant to contemporary life, I don't know of any church that actually teaches a church how to bless people who curse them, yet this is a clear command.
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The two most frightening words in Washington are 'bipartisan consensus.' Bipartisan consensus is when my doctor and my lawyer agree with my wife that I need help.
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I'd been coming to New York for weekends since I was 17, and after 9/11, I started making these trips more frequently, just to make contact with the city.
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One afternoon, on my way to the campus - I was majoring in political science at Nairobi University - a photographer by the name of Peter Beard stopped me in the street and asked me if I'd ever been photographed.
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Short cycle business are being impacted by credit, and are being impacted by gasoline prices, food, distribution businesses, chemical business.
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Where the stakes are the highest, in the war on terror, we cannot possibly succeed without extraordinary international cooperation. Effective international police actions require the highest degree of intelligence sharing, planning and collaborative enforcement.
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Becoming a dad was the proudest moment of my life. Playing football does not even compare.
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It is remarkable how easily children and grown-ups adapt to living in a dictatorship organised by lunatics.
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The living nightmare for a red state NASCAR driver would be a gay French driver.
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I like working in theatre now and I think that once you've done a certain amount of films most actors love working in the theatre because of the camaraderie.
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I'm a 'Bridesmaids' type of girl. I love silliness. That's who I am at heart, and I know I can do it. If my career path takes me elsewhere, that's great. But comedy is my forte.
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We are looking at a future where to a first approximation, everyone is wealthy.
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My sisters and my mum taught me how to be a woman: the way they carry themselves, the way they talk to people, the way they know how to put their foot down. They're not having any nonsense from no one. I can see traces of that in me.
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Our stay-put behavior reflects our view that the stock market serves as a relocation center at which money is moved from the active to the patient.
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When you give chief executives too much compensation in stock options, they concentrate too much on the stock price, and there is a perverse incentive to raise the stock price, particularly when the chief executive wants to exercise his own options.