A Quote by Jerome F. Lederer
Of the major incentives to improve safety, by far the most compelling is that of economics. The moral incentive, which is most evident following an accident, is more intense but is relatively short lived.
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Economics evolved as a more moral and more egalitarian approach to policy than prevailed in its surrounding milieu. Let's cherish and extend that heritage. The real contributions of economics to human welfare might turn out to be very different from what most people - even most economists - expect.
The lifespan of most professional athletes is relatively short, and most have no preparation for doing anything after their career ends, which it could in an instant.
If you go back to Adam Smith, you find the idea that markets and market forces operate as an invisible hand. This is the traditional laissez-faire market idea. But today, when economics is increasingly defined as the science of incentive, it becomes clear that the use of incentives involves quite active intervention, either by an economist or a policy maker, in using financial inducements to motivate behavior. In fact, so much though that we now almost take for granted that incentives are central to the subject of economics.
Like most parents, I think, my children have been the source of some of my most intense joys and despairs, my deepest moral dilemmas and greatest moral achievements.
I had started writing as a poet in a closed, post-Revival, claustrophobic world, where the shadows of the national upheaval and the intense effort - the intense self-conscious effort - to make a literary movement were still evident. Now we lived a life as writers that was more cosmopolitan, more open, that had more travel and exchange.
I didn't fit the typical profile of a trader. I was an English major working on a novel at night. Most everyone else was a maths or economics major; most everyone else had relatives or family in banking.
The most evident difference springs from the important part which is played in man by a relatively strong power of imagination and by the capacity to think, aided as it is by language and other symbolically devices.
Most of economics can be summarized in four words: 'People respond to incentives.' The rest is commentary.
What excites me and what I find most compelling is clearly not what excites other artists. It comes from my own idiosyncratic background and what I'm drawn to. Maybe this is a result of having lived in Naples during a formative period of time. I'm interested in telling a unique story in a very intense way.
Man, the most complicated of the animals, has a relatively short gestation period. Beyond that, he will be born, unlike most mammals, in a ridiculously helpless state.
Desire is endless and unappeasable, is most intense where most forbidden, and is never far from despair.
That pleasure which is at once the most pure, the most elevating and the most intense, is derived, I maintain, from the contemplation of the beautiful.
To my surprise, the more I searched about Qi Xiangfu, the more I found of a life lived partly online. He once wrote a short memoir in which he described himself in the third person, with the formality usually reserved for China's most famous writers.
Those things for which the most money is demanded are never the things which the student most wants. Tuition, for instance, is an important item in the term bill, while for the far more valuable education which he gets by associating with the most cultivated of his contemporaries no charge is made.
Skill alone cannot teach or produce a great short story, which condenses the obsession of the creature; it is a hallucinatory presence manifest from the first sentence to fascinate the reader, to make him lose contact with the dull reality that surrounds him, submerging him in another that is more intense and compelling.
One of the pleasant duties of America's most famous announcers during the relatively short swing era of the big bands was to host late-night remotes from some of the most famous ballrooms throughout the country.
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