A Quote by Joseph Stiglitz

Economists often like startling theorems, results which seem to run counter to conventional wisdom.

Joseph Stiglitz

Quote Topics

Wisdom Conventional Conventional Wisdom Counter Economists Like Often Results Run Seem Startling Theorems Which

Quote Author

Joseph Stiglitz
American - Economist
Born: February 9, 1943

If you are the kind of person who listens to conservative advice, you may do okay in life, but you probably won't ever be a fantastic leader. You have to take risks, and you also have to go against conventional wisdom, because conventional wisdom doesn't make for startling advances in society.

Ruth Simmons

Strings of coincidence can strengthen us in the determination to follow our deepest intuitions even when they run counter to conventional wisdom and logic and cannot be subjected to rational explanation.

Robert Moss

The conventional wisdom is often wrong. Crime didn't keep soaring in the 1990s, money alone doesn't win elections, and - surprise - drinking eight glasses of water a day has never actually been shown to do a thing for your health. Conventional wisdom is often shoddily formed and devilishly difficult to see through, but it can be done.

Malcolm Gladwell

Conventional wisdom is no wisdom at all. Conventional wisdom is taking somebody else's word for the way things are It's the followers of this world who rely on assumption. Not the leaders.

Richard Marcinko

Conventional wisdom is invariably out of date. Because in the time it has taken to become conventional - to become what everyone believes - the world has moved on. Conventional wisdom is a remnant of the past.

Michael Crichton

It is widely believed that interpersonal relationships of an intimate kind are the chief, if not the only, source of human happiness, yet the lives of creative individuals often seem to run counter to this assumption.

Anthony Storr

The challenge with a candidate like Donald Trump is he's not a conventional candidate, and he doesn't run a conventional campaign, and he doesn't answer questions in a conventional way.

Joel Benenson

The problem in our society is the ego psychology and conventional wisdom about "look out for #1." That conventional wisdom thinks that "love your enemy" is to some a principle no one can ever live by.

Robert Thurman

There's a conventional wisdom that says that strategic thinking is much more important than relationship building, which doesn't seem to be nearly as highly valued as it should be, based on what some of the leaders that I've spoken with have said to me.

Tom Rath

The conventional wisdom is often wrong.

Steven Levitt

When you find errors in conventional wisdom-when everyone says A and A is not true-you gain competitive advantage. Only a few times do you have to find errors in conventional wisdom to make a living.

Larry Ellison

Up until Trump announced his candidacy, the conventional wisdom was that you had to be a professional politician in order to run. You had to have a background that was politically scrubbed. In other words, smart people who didn't live perfect lives could never run.

Mark Cuban

Progress is not a straight line; the future is not a mere projection of trends in the present. Rather, it is revolutionary. It overturns the conventional wisdom of the present, which often conceals or ignores the clues to the future.

Dr. An Wang

Trading has taught me not to take the conventional wisdom for granted. What money I made in trading is testimony to the fact that the majority is wrong a lot of the time. The vast majority is wrong even more of the time. I've learned that markets, which are often just mad crowds, are often irrational; when emotionally overwrought, they're almost always wrong.

Richard Dennis

Measurement has too often been the leitmotif of many investigations rather than the experimental examination of hypotheses. Mounds of data are collected, which are statistically decorous and methodologically unimpeachable, but conclusions are often trivial and rarely useful in decision making. This results from an overly rigorous control of an insignificant variable and a widespread deficiency in the framing of pertinent questions. Investigators seem to have settled for what is measurable instead of measuring what they would really like to know.