A Quote by Charlie Munger
Economics is in many respects the queen of the soft sciences. It's expected to be better than the rest. It's my view that economics is better at the multi-disciplinary stuff than the rest of the soft science. And it's also my view that it's still lousy.
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I feel like there's lot of people who know finance and economics better than I do. There are lots of people who are better storytellers than I am. But the space that I occupy of storytelling about finance and economics is - more people want it than can do it.
I do sense, as compared with let's say the early '50s, there's somewhat more of a careerism. I don't think it's anything special to economics; it's equally true with physics or biology. A graduate education has become a more career-oriented thing, and part of that is because of the need for funding. In fact, that's a much worse problem in the natural sciences than it is in economics. So you can't even do your work in the natural sciences, particularly, and even to some extent in economics, without funding.
I was about to get a degree in economics when I accepted that I'd be a lousy businessman, and if I didn't give acting a try I'd regret it for the rest of my life.
We do not always appreciate the role the Queen has played in one of the most significant changes in the past 60 years: the transformation of Britain into a multi-ethnic, multi-faith society. No one does interfaith better than the Royal family, and it starts with the Queen herself.
I had a much better view with the halo than I expected.
A pretty girl is better than a plain one. A leg is better than an arm. A bedroom is better than a living room. An arrival is better that a departure. A birth is better than a death. A chase is better than a chat. A dog is better than a landscape. A kitten is better than a dog. A baby is better than a kitten. A kiss is better than a baby. A pratfall is better than anything.
In my junior year in college, I was getting kind of tired of French. So, I took an economics course, and I loved it. The rest of my two years in college I spent in economics.
Economics is everywhere, and understanding economics can help you make better decisions and lead a happier life.
It's my job to be better than the rest, and that's enough reason to go for me. It's my job to be better than the rest, and that makes the day for me.
Yes, ISIS is a threat. It's more than a nuisance. It's also in many respects criminal violence. But it isn't, in my view, a central strategic issue facing humanity.
Women's battle for financial equality has barely been joined, much less won. Society still traditionally assigns to woman the role of money-handler rather than money-maker, and our assigned specialty is far more likely to be home economics than financial economics.
Despite its scientific
pretensions, economics still remains more of an art than a science
Economics is uncertain because its fundamental subject matter is not money but human action. That's why economics is not the dismal science, it's no science at all.
Better a square foot of New York than all the rest of the world in a lump - better a lamppost on Broadway than the brightest star in the sky.
We judge economics by what it can produce. As such, economics is rather more like engineering than physics: more practical than spiritual.
A well-ordered life is like climbing a tower; the view halfway up is better than the view from the base, and it steadily becomes finer as the horizon expands.
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