#z

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.' ↗

— Thomas J. Sargent

#blow #difficult #function #likelihood #made

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

You must be afraid, my son. That is how one becomes an honest citizen. ↗

— Jean-Paul Sartre

#becomes #citizen #honest #how #must

The artist's job, I think, is to be a conduit for mystery. To intuit it, and recognize that the story-germ has some inherent mystery in it, and sort of midwife that mystery into the story in such a way that it isn't damaged in the process, and may even get heightened or refined. ↗

— George Saunders

#conduit #damaged #even #get #heightened

Be able to recognize when you're reading or hearing material biased to your own side. ↗

— Marilyn vos Savant

#biased #hearing #material #own #reading

No one would choose to be jerked randomly off task again and again until you have half a dozen things you're trying to get done, all at the same time. ↗

— Marilyn vos Savant

#choose #done #dozen #get #half

I am investing like a crazy person, mostly in internet start-ups. And I want to invest in Brazil as well, because I am Brazilian and that's in my heart. ↗

— Eduardo Saverin

#because #brazil #brazilian #crazy #crazy person

Many in local government will ask why should only a few areas have the freedoms and benefits of Enterprise Zone status while the majority lose out? ↗

— Andy Sawford

#ask #benefits #enterprise #few #freedoms

If we're picking people to draw out of their own conscience and experience a 'new' Constitution, we should not look principally for good lawyers. We should look to people who agree with us. When we are in that mode, you realize we have rendered the Constitution useless. ↗

— Antonin Scalia

#conscience #constitution #draw #experience #good

The mainstream press and television do a very soft job of covering the press, either as corporate entities or as news organizations. ↗

— Sydney Schanberg

#covering #either #entities #job #mainstream