A Quote by Eric Maskin

Perhaps one day earthquakes, hurricanes and financial crashes will all be predictable. But we don't have to wait until then for seismology, meteorology and economics to become sciences; they already are.
I was very fascinated with meteorology at a young age. I lived on the Gulf Coast and hurricanes blew through there. That is the class I failed in college: meteorology.
The goals you set for yourself and the strategies you choose become your blueprint or plan. Strategies are like recipes: choose the right ingredients, mix them in the correct proportions, and you will always produce the same predictable results: in this case financial success. The success strategies for managing money and building wealth are called Money Strategies. By learning to use money strategies as a part of your day-to-day life, financial frustration and failure will become a thing of the past.
Through meteorology, we know essentially how hurricanes form, even though we can't say where the next storm will arise.
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.
Huge events take place on this earth every day. Earthquakes, hurricanes, even glaciers move. So why couldn't he just look at me?
Just as a poetic discussion of the weather is not meteorology, so an issuance of moral pronouncements or political creeds about the economy is not economics. Economics is a study of cause-and-effect relationships in an economy.
Too many people think that economics is this subject that should wait until the university level. But it can't wait that long.
And your doubt can become a good quality if you train it. It must become knowing, it must become criticism. Ask it, whenever it wants to spoil something for you, why something is ugly, demand proofs from it, test it, and you will find it perhaps bewildered and embarrassed, perhaps also protesting. But don't give in, insist on arguments, and act in this way, attentive and persistent, every single time, and the day will come when, instead of being a destroyer, it will become one of your best workers-perhaps the most intelligent of all the ones that are building your life.
If national safety - the ability to respond to hurricanes, terrorist attacks, earthquakes - depends on the execution of explicit plans, on soldierly obedience, and on showy security drills, then a decentralized security scheme is useless.
We have become a force of nature Not long ago, hurricanes, tornadoes, floods, drought, forest fires, even earthquakes and volcanic explosions were accepted as “natural disasters or “acts of God.” But now, we have joined God, powerful enough to influence these events.
Don't you know That lovers make the rains, Call forth the sun, Re-route hurricanes, And exorcise earthquakes for fun.
It is perfectly obvious that no one nor any single country can save the world from the horrors of tsunamis, hurricanes, earthquakes and winged influenza.
We cannot prevent hurricanes or earthquakes, floods or volcanic eruptions. But we can ensure that both people and communities are better prepared and more resilient.
I cannot wait to see the day that one day we will have a chef that will become the secretary of food of the United States of America.
Perhaps the most widespread misunderstanding of economics is that it applies solely to financial transactions. Frequently this leads to statements that "there are noneconomic values" to consider. There are, of course, noneconomic values. Indeed, there are only noneconomic values. Economics is not a value itself but merely a method of trading off one value against another.
It was one of those hot, silent nights, when people sit at windows listening for the thunder which they know will shortly break; when they recall dismal tales of hurricanes and earthquakes; and of lonely travellers on open plains, and lonely ships at sea, struck by lightning.
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