A Quote by Edmund Phelps

Expertise and judgment in the art of lending for novel ventures must be reacquired.

Edmund Phelps

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Art Expertise Judgment Lending Must Novel Ventures

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Edmund Phelps
American - Economist
Born: July 26, 1933

Surely the novel should be a form of art - but art was not enough. It must contain not only the perfection of art, but the imperfection of nature.

Ellen Glasgow

When a novel is based on an actual crime, it should do much more than loosely fictionalize it. The novel must stand alone as a work of art that justifies using the story for its own purposes.

Sarah Weinman

Art is not politics. The glory of the novel is that in its essence, it is a democratic form, because it treats individuals as worthy of scrutiny. That alone is a kind of political act. A good novel about a tea party of rich women can be just as galvanizing and important to the soul as War and Peace, so I think it's not really the job of artists to do anything. They can have their opinions as private citizens, but they must continue making their art.

Paul Auster

What must novel dialogue . . . really be and do? It must be pointed, intentional, relevant. It must crystallize situation. It must express character. It must advance plot. During dialogue, the characters confront one another. The confrontation is in itself an occasion. Each one of these occasions, throughout the novel, is unique.

Elizabeth Bowen

An economy open to new concepts and novel ventures is bound to generate unequal gains.

Edmund Phelps

The art of the novel, however, has fallen into such a state of stagnation - a lassitude acknowledged and discussed by the whole of critical opinion - that it is hard to imagine such an art can survive for long without some radical change. To many, the solution seems simple enough: such a change being impossible, the art of the novel is dying.

Alain Robbe-Grillet

Our servicemembers are focused every day on serving our country. It's our job to ensure that they have everything they need to do their jobs to the best of their ability. That must include effective consumer protections against predatory lending, already afforded under the Military Lending Act, for our men and women in uniform and their families.

Conor Lamb

I believe there is true expertise in some endeavors, and not in others. There is obviously no such thing as expertise in predicting the results of coin tosses, but there is expertise in predicting the behavior of lasers.

Leonard Mlodinow

Art, at any rate in a novel, must be indissolubly linked with craft.

Elizabeth Bowen

Groups that work in black neighborhoods around the country have contended that much of subprime lending is 'predatory lending.'

Bill Dedman

Our reliance on the validity of a scientific conclusion depends ultimately on a judgment of coherence; and as there can exist no strict criterion for coherence, our judgment of it must always remain a qualitative, nonformal, tacit, personal judgment.

Michael Polanyi

But if what interests you are stories of the fantastic, I must warn you that this kind of story demands more art and judgment than is ordinarily imagined.

Charles Nodier

The ultimate judgment of a work of art, whether it be a masterpiece or a lesser event, must be solely in terms of its artistic success and not on Freudian guesswork.

Edward Albee

It is the quality of lending over the quantity of lending.

Lewis Thompson Preston

Poetry is the art of substantiating shadows, and of lending existence to nothing.

Edmund Burke

You may dislike the intention enormously but your judgment of the artistic merit of the work must not be based on your view of what it's about. The work of art must be judged by how well it succeeds in its intention.

Edward Albee

A Quote by Edmund Phelps

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