A Quote by Merton Miller

I can't speak for them, of course, but I believe that most economists would accept the view that, while you sometimes can make a score by sheer luck, you can't do it constantly, unless you're willing to put the resources in.

Merton Miller

Quote Topics

Accept Believe Constantly Course Economists I Believe Luck Make Most Put Resources Score Sheer Sometimes Speak Them Unless View While Willing Would

Quote Author

Merton Miller
American - Economist
May 16, 1923 - June 3, 2000

I am one of the most successful economists, according to what markets tell us, though most of my professional colleagues, who are much keener to accept market outcomes than I am, would dismiss me as a crank or - the worst of all abuses among economists - a 'sociologist.'

Ha-Joon Chang

We have people there who do have substantial wisdom and substantial experience. And if they were confident enough to express their own views, that they wouldn't be bushwhacked by the party for casting a single vote like Bob Bennett was or like I was, they'd be willing to speak up and they'd be willing to speak their consciences and put their ideas on the line. But right now, there is timidity, there is fear that if they do that a single votes gonna cost them their job and they're not willing to make that kind of a sacrifice and they're not enough with the people.

Arlen Specter

Luck does play a huge role in whatever field you're practicing, whether that's medicine, acting, singing; but the way you make luck work for you is you constantly put yourself in a position to get lucky.

Mikhail Varshavski

A wise player ought to accept his throws and score them, not bewail his luck.

Sophocles

Economists often define their discipline as "the allocation of scarce resources among competing ends." But when resources or money really become scarce, economists call it a crisis and say that it's a question for politicians, not their own department.

Michael Hudson

If someone has a Muslim background and they're willing to reject those tenets and to accept the way of life that we have and clearly will swear to place our [American] Constitution above their religion, then, of course, they will be considered infidels and heretics, but at least I would then be quite willing to support them.

Benjamin Carson

Since 1975, when I entered the Wharton Graduate School, I have belonged to a small group of economists who believe that the world does not contain a limited amount of physical resources. Quite the contrary, I believe that the world is a virtual cornucopia of physical resources.

Paul Zane Pilzer

You really should not do this job unless you're willing to put in that enormous amount of effort. You should not do the job unless you're willing to take risks. And you shouldn't do the job unless you're willing to lose the job, too.

Anthony A. Williams

The difference between him and the other boys at such a time was that they knew it was make-believe, while to hime make-believe and true were exactly the same thing. This sometimes troubled them, as when they had to make-believe that they had had their dinners.

James M. Barrie

I would certainly never walk past a player in the corridor and not speak. Why should I do that? They have to play for you so of course I would speak to them. If you want them to do everything they can for you, then you have to treat them with respect.

Sven-Goran Eriksson

Luck is very important. Of course you can't wait for luck, because it won't come. While you start a journey, luck may eventually come to you.

Jack Ma

If something I make succeeds, people say it was luck. But I don't just throw myself into the unknown. I research my subjects and listen constantly to what the characters have to say. Luck comes into it, but the story is made by them.

Cosima Spender

If I were a high school coach, I would put my best players on offense. The best athletes on my team, I would give them the ball and score points. I wouldn't play them on defense. I would play them where they can get the ball and score points.

Nick Saban

Sometimes I would write while inspired and sometimes I would write through sheer force of will, and in revision the writing that I thought was "dead" very frequently turned out to be better because it was more free of ego.

Jesse Michaels

To all the little girls out there, I would tell them to really appreciate what their parents do for them. And also to truly believe in their dream. If they truly believe that they're capable, things will happen for them - as long as they put in the work, of course.