A Quote by David Plotz
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.
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I'm very lucky to be able to work in print and radio. I'm very lucky to be able to work at a time when finance and economics are really important. And the number of people who tell finance and economic stories in a kind of accessible storytelling way, there's much more demand than there is supply.
There is no other proposition in economics that has more solid empirical evidence supporting it than the Efficient Market Hypothesis... In the literature of finance, accounting, and the economics of uncertainty, the EMH is accepted as a fact of life.
I certainly don't think I'm deserving of taking up space forever as a human. There's a whole generation of people yet to be born that are going to be so much more evolved than I am. I don't want to take up space. They're going to be better equipped to make the world a better place than I am.
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.
We judge economics by what it can produce. As such, economics is rather more like engineering than physics: more practical than spiritual.
We need to move beyond the demonisation of overpaid traders ... In finance and economics, ill-designed policy is a more powerful force for harm than individual greed or error.
I think, when the African-American community understands my record on criminal justice, my record on economics, the agenda we're bringing forth, raising the minimum wage to $15 an hour, dealing with the fact that we have more people in jail, shamefully, than any other country on Earth, that I am against the death penalty, Secretary Clinton is not, I think, as people become familiar with my ideas, we are going to do better and better.
What kind of people would be able to rationalize better than other people? Better storytellers, right? Creative people, right? Because if you're creative, you find more ways to cheat and still yourself a story about why this is okay.
That economics and finance are often covered as technical subjects, sort of boring subjects, and either you already know a lot about it and you follow it, or you don't know much about it and you don't want to know.
A lot of people will always say, 'I really know nothing about the ancient world.' But there's lots and lots of things people know. Partly, they've been encouraged to think they're ignorant about it. In some ways, the job to do is show people that they know much more than they'd like to admit.
Economics and finance is the final frontier for women; it's the last thing they will conquer because controlling finance is at the heart of everything in government.
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.
I need to work with great directors and actors, people who are better than me, so that I am challenged. It is like playing sports - surfing, basketball, it doesn't matter what it is, if you play with people who are better than you, then you get better too. It is the same thing with acting.
In ability choice education finance majorities people understanding voting A lot of voters always cast their ballot for the candidate who seems to them to be one of the people. That means he must have the same superstitions, the same unbalanced prejudices, and the same lack of understanding of public finances that are characteristic of the majority. A better choice would be a candidate who has a closer understanding and a better education than the majority. Too much voting is based on affability rather than on ability.
Human beings are not comparable. You can't compare us any more than you can compare roses and oranges, or mountains and the sea. You might prefer living by the sea to living in the mountains. You certainly like some people better than you like others. Preferences are perfectly valid...they're just your style asserting itself again. But you'd feel pretty silly saying 'The sea is better than the mountains.' It's every bit as silly to go around saying 'I'm better than Mary, but Joe is better than me.'
Not too many people work in a job where, waiting out there are three or four hundred people who are paid to tear apart what you've done. And often they are brighter than you are, or they know more about the subject than you do, or they wish they had written a book themselves, or done a lot better. Or they just don't like it! And you have to live with it.
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