A Quote by Herbert Marshall
There is nothing an economist should fear so much as applause.
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You can tell by the applause: There's perfunctory applause, there's light applause, and then there's real applause. When it's right, applause sounds like vanilla ice cream with chocolate sauce.
I'm an economist by training. I don't really work as an economist. I only worked briefly as an economist.
I appreciate your applause, but I don't do it for applause. I do it for cash, it's much better.
When I was a kid, FDR on the radio said, 'We have nothing to fear but fear itself.' We should be afraid of fear, or at least of acting out of it.
Sincere compliments cost nothing and can accomplish much. In any relationship, they are the applause that refreshes.
If you are a good economist, a virtuous economist, you are reborn as a physicist. But if you are an evil, wicked economist, you are reborn as a sociologist.
Laughter is much more important than applause. Applause is almost a duty. Laughter is a reward.
Humility responds to God's will-to the fear of His judgments and to the needs of those around us. To the proud, the applause of the world rings in their ears; to the humble, the applause of heaven warms their hearts. Someone has said, "Pride gets no pleasure out of having something, only out of having more of it than the next man."
There is only one difference between a bad economist and a good one: the bad economist confines himself to the visible effect; the good economist takes into account both the effect that can be seen and those effects that must be foreseen.
The tighter you try and hold on to something that you are afraid of losing, the more you are pushing it away.Those thoughts are filled with fear, and if you continue to persist, what you fear the most will come upon you.
Fear nothing - just think about what you want. It feels so much better!
But if thought is to become the possession of many, not the privilege of the few, we must have done with fear. It is fear that holds men back - fear lest their cherished beliefs should prove delusions, fear lest the institutions by which they live should prove harmful, fear lest they themselves should prove less worthy of respect than they have supposed themselves to be.
Fear is not an emotion, it is a disease. It spreads from the leader to his followers and vice-versa. Nothing has killed more men in war than fear. What should a warrior fear? Death? But death is what everyone achieves ultimately. Is it wounds that you fear? What is more important? A pint of your blood or the nectar of victory? Think. Thinking will clear such doubts.
The bad economist sees only what immediately strikes the eye; the good economist also looks beyond. The bad economist sees only the direct consequences of a proposed course; the good economist looks also at the longer and indirect consequences. The bad economists sees only what the effect of a given policy has been or will be on one particular group; the good economist inquires also what the effect of the policy will be on all groups
The years of the Great Depression were a superb time for economists because people not knowing what could be done or what should be done would always assume that maybe an economist had the answer. If you were just a lawyer in Washington, you were nobody. But if you were an economist, you might have the answer.
We had nothing in our times. The athletes and sportsmen in those days didn't earn much money. We worked for the applause, people's appreciation inspired and motivated us, we ran for the country.
The greatest nation in the world should not have much to fear from a family, especially children, fleeing violence. More importantly, children fleeing violence ought to have nothing to fear from the greatest country in the world.
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