A Quote by David Autor
The last 200 years, we've had an incredible amount of automation. We have tractors that do the work that horses and people used to do on farms. We don't dig ditches by hand anymore. We don't pound tools out of wrought iron. We don't do bookkeeping with books! But this has not, in net, reduced the amount of employment.
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Literate households in the 17th century would have had the Bible, John Bunyan's "The Pilgrim's Progress," and a couple of other books. Shakespeare plays were cheap, so you could buy those, but a folio cost a pound, which was an incredible amount of money then.
I realized horses have personality when I bought one and I had one, who's now out to pasture, a horse named Drifter. Before that, I was a city boy. Horses, I used to go out to the LaBagh Woods and ride at a stable once every two years or something; no idea about horses. Dogs, I knew, had personalities, but not horses.
The total amount paid out in dividends is roughly equal to the amount lost in trading and investment advice, so net dividends to shareholders are zero. This is a very peculiar way to run a republic.
I used to not like being called a 'woman architect.' I'm an architect, not just a woman architect. The guys used to tap me on the head and say 'you're OK for a girl.' But I see an incredible amount of need from other women for reassurance that it can be done, so I don't mind anymore.
It was far too cold. The second I got out I had this incredible headache, I'm just not used to it. The last time I saw snow was years and years ago.
It took me a long time to understand that there is no amount of wanting and no amount of desire and no amount of hard work which allows you to become a classical ballerina if you're not physically given the gifts.
I used to help my grandfather on the farm, driving tractors, raising crops and animals. I used to feed some of the baby cows and pigs, and I had to be no older than 7 or 8. Then at about 9 or 10 I started driving tractors. It showed me at an early age what hard work was all about and how dedicated you have to be, no matter what you do.
Accounting incomes were reduced by discrepancy [ but] "the net amount paid by lawyers for lawyerly discrepancy is close to zippo. In this case, the goddess of justice was blind.
We profess to teach the principles and practice of medicine, or, in other words, the science and art of medicine. Science is knowledge reduced to principles; art is knowledge reduced to practice. The knowing and doing, however, are distinct. ... Your knowledge, therefore, is useless unless you cultivate the art of healing. Unfortunately, the scientific man very often has the least amount of art, and he is totally unsuccessful in practice; and, on the other hand, there may be much art based on an infinitesimal amount of knowledge, and yet it is sufficient to make its cultivator eminent.
The automation of automation, the automation of intelligence, is such an incredible idea that if we could continue to improve this capability, the applications are really quite boundless.
The blunt tools of legislation or union power can force a corporation to pay higher wages, but if employees don't create an equal amount of additional value, there's no net gain.
Employees have been worrying about the rising tide of automation for 200 years now, and for 200 years employers have been assuring them that new jobs will naturally materialize to take their place.
Years ago when I got stuck, I'd start twirling my hair. That's not possible anymore. I can't prove the relationship between writing and hair loss, but I think I pulled out a fair amount trying to work on certain sentences.
Getting a star player in the NBA is not impossibly hard, but close. It requires either an incredible amount of luck, or an amazing amount of time, or some other way to try and get at it.
Over the last 10 years a huge amount has been achieved in getting people into work. Measures such as the New Deal, tax credits, the minimum wage and improved childcare have brought about record numbers of people in work, a number that is still rising despite the global economic slowdown.
I've dodged so many bullets. Not just because of unsafe sex, but because of the amount of drugs I did, the amount of alcohol, the amount of work I was doing. I started the Elton John AIDS Foundation because I got so lucky.
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