In the late 1960s, the New Classical economists saw the same weaknesses in the microfoundations of macroeconomics that have motivated me. They hated its lack of rigor. And they sacked it.
It seemed to me that had Haydn lived to our day he would have retained his own style while accepting something of the new at the same time. That was the kind of symphony I wanted to write: a symphony in the classical style. And when I saw that my idea was beginning to work, I called it the Classical Symphony.
When a Cabinet Minister who is sacked for telling lies is re-appointed, in the face of every constitutional convention, only for the same man to be sacked again from the same Cabinet for the same offence by the same Prime Minister ? no wonder the public are cynical about politics.
When a Cabinet Minister who is sacked for telling lies is re-appointed, in the face of every constitutional convention, only for the same man to be sacked again from the same Cabinet for the same offence by the same Prime Minister no wonder the public are cynical about politics.
Peter Montiel has long set the highest standard for lucid textbooks on the macroeconomics of developing countries. Now in this new edition of his superb classic Macroeconomics in Emerging Markets, he has surpassed even himself. He uniquely fills the gap between rich-country-obsessed macro- and micro-obsessed developing-country analysis. No student of the macroeconomics of development will henceforward be able to do without this book.
I think what Bob Shiller and I are doing is we're focusing on macroeconomics and the role of psychology in macroeconomics.
The 1960s were a time of cultural revolution in Poland. And I was a part of that revolution. For me, those years - the late 1950s and early 1960s - were the most fruitful.
You don't accept your weaknesses the same way that you love the weaknesses of another artist, because when they make mistakes they don't look like weaknesses.
As I settled down to sleep in that new bed in the dark city, I saw that it was too late now, too late for everything. I would not be given a second chance. In the hours when I woke, I have to tell you that this struck me almost with relief.
The first time I saw Douglas Sirk was in college. I didn't encounter him on the late, late, late show like a lot of people; people a little older than me, maybe. But I saw him already as someone to take special note of in an academic context in college. I was immediately in a state of visual splendor.
In the late 1960s, I was working as an usher for the New York stage production of 'You're a Good Man, Charlie Brown.'
To lack confidence is to have feelings of low self-worth. We are preoccupied with our weaknesses, and we lack faith in the Lord's ability to use those weaknesses for our good. We do not understand our inestimable worth in the eyes of God, nor do we appreciate our divine potential. Ironically, both pride and a lack of self-confidence cause us to focus excessively on ourselves and to deny the power of God in our lives.
Don't ask me about Beverly Hills High School. Everybody hated it. I hated it. Hated it. Hated it. Hated it.
My decision to leave applied mathematics for economics was in part tied to the widely-held popular belief in the 1960s that macroeconomics had made fundamental inroads into controlling business cycles and stopping dysfunctional unemployment and inflation.
There was a point of time when there wasn't anything new coming to me, but the same old scripts. But, the script of 'Thira' motivated me.
I just want to play like Jimi Hendrix. I love other forms of music and wish I could play classical piano, or saxophone like John Coltrane, but that will never happen. Because my nature is to play electric guitar really well and to emulate my heroes from the late 1960s.
When you get sacked, everybody thinks: 'He's a football manager, he'll get lots of money,' but you still get sacked, which for me is a slur on you, it degrades you.