#mist

The first and most optimistic response was complete rational expectations econometrics. A rational expectations equilibrium is a likelihood function. Maximize it. ↗

— Thomas J. Sargent

#equilibrium #expectations #first #function #likelihood

School is very conformist, and one of the very first conforming that goes on in preschool and kindergarten is gender. ↗

— Dan Savage

#conformist #first #gender #goes #kindergarten

It is a drastic mistake to eliminate the provisions that have to do with the protection of habitat for endangered species. It is my opinion that the Endangered Species Act is 99 percent about protecting critical habitat. ↗

— Jim Saxton

#act #critical #drastic #eliminate #endangered

Saudi Arabia was, until just a few years ago, probably one of the most safe countries on earth. And now the paper is daily full of activities and shootouts between Islamists who supported Osama bin Laden and the government there. ↗

— Michael Scheuer

#ago #arabia #between #bin #countries

It's a mistake to assume that Islamists always come from the slums. Indeed, many come from affluent families but for some reason just couldn't manage to integrate into Western society, even though they had good opportunities for advancement. ↗

— Otto Schily

#affluent #always #assume #come #even

The business of a Political Economist is neither to recommend nor to dissuade, but to state general principles, which it is fatal to neglect, but neither advisable, nor perhaps practicable, to use as the sole, or even the principal, guides in the actual conduct of affairs. ↗

— Nassau William Senior

#advisable #affairs #business #conduct #economist

For economist the real world is often a special case. ↗

— Edgar R. Fiedler

#economist #often #real #real world #special

I'm sort of a pessimist about tomorrow and an optimist about the day after tomorrow. ↗

— Eric Sevareid

#after #day #i #optimist #pessimist

Political necessities sometime turn out to be political mistakes. ↗

— George Bernard Shaw

#necessities #out #political #sometime #turn

We are not going to damage our safety and our security. We're not going to give those extremists the privilege to come so freely to Israel in order to carry out more attacks against us and kill us one day after another. ↗

— Silvan Shalom

#against #another #attacks #carry #come