Edmund Phelps Quotes
The stampede toward 'rational expectations' - widely thought to be a 'revolution,' though it was only a generalization of the neoclassical idea of equilibrium-derailed the expectations-driven model building that had just left the station. In the end, this way of modeling has not illuminated how the world economy works.
Quotes to Explore
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I don't mind you thinking I'm stupid, but don't talk to me like I'm stupid.
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I would like all French children to have unlimited opportunities opened up for them as French minister of education.
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The only thing that matters is what happens on the little hump out in the middle of the field.
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If you're in a dark place, you're there for a reason. And the only way to get through to those kids or to other people going through the same thing is really to meet them in that dark place and then slowly bring them to the light.
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The essence of a general's job is to assist in developing a clear sense of purpose to keep the junk from getting in the way of important things.
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I didn't write the book to sell the book, but to tell my experiences.
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My father's name is Dee, so when I was born they named me Katherine Dee and they took the K from Katherine and put it with his name, sort of to give me my dad's namesake. But it's hysterical how often it gets misspelled. I used to be like, 'No one capitalizes my D!'
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I think I've got some more big plays left in me.
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Well, after the divorce, I went home and turned all the lights on!
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I can go back to poverty if a situation comes. I have sailed through the worst days of my life, and I am prepared for any crisis.
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We do want more, and when it becomes more, we shall still want more. And we shall never cease to demand more until we have received the results of our labor.
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When you make a movie, it's up to so many things and so many people.
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I see many black males grasping for some thread of hope. There are so many destructive practices, glimpses into a psychic abyss. That must be very frightening.
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I was a normal American nerd.
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I was very aware of Jeff Buckley. My brother actually bought me The Mamas And The Papas and Jeff Buckley for my birthday when I was in my early teens.
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Spiritual practice should not be confused with grim duty. It is the laughter of the Dalai Lama and the wonder born with every child.
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People are different. People choose different criteria. But if there is a better way among many alternatives, I want to encourage that way by making it comfortable. So that's what I've tried to do.
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Were I to be angry at men being fools, I could here find ample room for declamation; but, alas! I have been a fool myself; and why should I be angry with them for being something so natural to every child of humanity?
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Every three weeks, we bring online as much solar power as we did in all of 2008...That’s why, over the past six years, we’ve done more than ever before to combat climate change, from the way we produce energy, to the way we use it.
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The proactive approach to a mistake is to acknowledge it instantly, correct and learn from it. This literally turns a failure into a success.
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I think it's a tough road if you're a stay-at-home mom, a working mom, if you have a partner, if you don't. It's the best job in the world, and the toughest job in the world all at the same time.
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One learns that the world, though made, is yet being made. That this is still the morning of creation. That mountains, long conceived, are now being born, brought to light by the glaciers, channels traced for coming rivers, basins hollowed for lakes.
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The stampede toward 'rational expectations' - widely thought to be a 'revolution,' though it was only a generalization of the neoclassical idea of equilibrium-derailed the expectations-driven model building that had just left the station. In the end, this way of modeling has not illuminated how the world economy works.
