A Quote by Anat R. Admati
Beware of economists who hide assumptions.
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The four cautions: Beware a woman in front of you, beware a horse behind of you, beware a cart beside of you, and beware a priest every which way.
Beware of assumptions that seem "obvious" in one decade. They may become quaint in the next.
Beware of "the real world". A speaker's apeal to it is always an invitation not to challenge his tacit assumptions.
Along with others, I have tried to pry economists away from narrow assumptions about self interest. Behavior is driven by a much richer set of values and preferences.
Beware Okonkwo!" she warned. "Beware of exchanging words with Agbala. Does a man speak when a god speaks? Beware!
When young, beware of fighting; when strong, beware of sex; and when old, beware of possession.
Beware of the dogs, beware of the evil workers, beware of those who mutilate the flesh!
If others tell us something we make assumptions, and if they don't tell us something we make assumptions to fulfill our need to know and to replace the need to communicate. Even if we hear something and we don't understand we make assumptions about what it means and then believe the assumptions. We make all sorts of assumptions because we don't have the courage to ask questions.
Walls have ears. Doors have eyes. Trees have voices. Beasts tell lies. Beware the rain. Beware the snow. Beware the man You think you know. -Songs of Sapphique
We have a tendency to make assumptions about everything! The problem with making assumptions is that we believe they are truth. We could swear they are real. We make assumptions about what others are doing or thinking-we take it personally-then we blame them and react by sending emotional poison in our word. That is why whenever we make assumptions, we're asking for problems. We make assumptions, we misunderstand, we take it personally, and we end up creating a whole big drama for nothing.
beware those quick to praise for they need praise in return beware those who are quick to censor they are afraid of what they do not know beware those who seek constant crowds for they are nothing alone beware the average man the average woman beware their love, their love is average seeks average
Contrary to what professional economists will typically tell you, economics is not a science. All economic theories have underlying political and ethical assumptions, which make it impossible to prove them right or wrong in the way we can with theories in physics or chemistry.
Beware of pretty faces that you find, a pretty face can hide an evil mind.
Dialogue is a space where we may see the assumptions which lay beneath the surface of our thoughts, assumptions which drive us, assumptions around which we build organizations, create economies, form nations and religions. These assumptions become habitual, mental habits that drive us, confuse us and prevent our responding intelligently to the challenges we face every day.
When most people think of economists, they think of macro-economists. Macro-economists try to describe or - even harder - predict the movements of a hugely dynamic system. They're like a transplant surgeon trying to simultaneously transplant every failing organ in someone's body.
The temptation to use mathematics is irresistible for economists. It appears to convey the appropriate air of scientific authority and precision to economists' musings.
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