A Quote by Friedrich August von Hayek
The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
Related Quotes
The government can always rescue the markets or interfere with contract law whenever it deems convenient with little or no apparent cost. (Investors believe this now and, worse still, the government believes it as well. We are probably doomed to a lasting legacy of government tampering with financial markets and the economy, which is likely to create the mother of all moral hazards. The government is blissfully unaware of the wisdom of Friedrich Hayek: "The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.")
men have their cake and get to eat it too, for while they decree themselves as representative of humanity, women who argue that men are not, are simply showing how little they know! And when men's standards are defined as human standards, then women who assert that women are different, demonstrate how 'inhuman' they are. It is a real 'Catch 22.
I'd been going to the Louvre since 1951. I thought I knew Paris and the French, but I didn't really. You know how easy it is to make friends when you are traveling. People are curious about you, you are curious about them. But you never really make friends that way. After the Louvre, I discovered that I have friends now because I have enemies.
Even though we don't know squat about how the brain works, the little we do know suggests that if you wanted to design a learning environment that was directly opposed to what the brain was naturally good at doing, you would design the education system we currently have, not only in America, but all over the world!
I studied economics with some teachers from ESADE. It's a really good school here in Spain. They helped me to understand a little about numbers, stats, economics, etc.
There are people that really live by doing the right thing, but I don't know what that is, I'm really curious about that. I'm really curious about what people think they're doing when they're doing something evil, casually. I think it's really interesting, that we benefit from suffering so much, and we excuse ourselves from it.
I'm not familiar particularly with Hillary Clinton's neighborhood, but I wish people were a little bit more curious about what we call privilege and about why it's there. Black people in this country have no choice but to be curious. We have to know. I wish folks would do a little bit more investigation.
I'm always really curious about, you know, 'How do you deal with success psychologically?' and all this stuff.
I just remember lot of men running around in little tiny gold shorts! The format - it was kind of hard. You really have to know about pop culture and I'm not really knowledgeable about a lot of those things. I know what I like. They'd ask about Gwyneth Paltrow, and I don't know anything about her, except her mother. I know who her mother is. So you really have to be current and relevant.
Most people can't imagine a life that is any different from the one they are actually living. They can dream about it, they can even go into the streets and demonstrate for it, but they still can't imagine what it would be like.
Even thinking back to the age of ten, I found myself more interested in sex than the other children I knew. When I saw one dog jump on top of another dog, I wanted to watch. I found it exciting; I found it stimulating. I was really curious about nudity. I was really curious about breasts. I was really curious about what was under the clothes. I'd go into the hamper and look at my mother's underwear, her conical bras.
How should the best parts of psychology and economics interrelate in an enlightened economist's mind?... I think that these behavioral economics...or economists are probably the ones that are bending them in the correct direction. I don't think it's going to be that hard to bend economics a little to accommodate what's right in psychology.
It's like, 'How can I reverse engineer what it takes to gain followers on a platform?' And I'm curious about how it works. And I'm the same way with people. I'm curious about what makes them tick.
I have always felt like you really don't have a genuine confidence unless you demonstrate the ability to do something. You can talk about it, but you have to demonstrate it.
The design of the Mac wasn't what it looked like, although that was part of it. Primarily, it was how it worked. To design something really well, you have to get it. You have to really grok what it's all about. It takes a passionate commitment to really thoroughly understand something, chew it up, not just quickly swallow it.
Good design is innovative
2. Good design makes a product useful
3. Good design is aesthetic
4. Good design makes a product understandable
5. Good design is unobtrusive
6. Good design is honest
7. Good design is long-lasting
8. Good design is thorough, down to the last detail
9. Good design is environmentally friendly
10. Good design is as little design as possible
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