A Quote by Niall Ferguson
In the financial sector, those whom the gods want to destroy they first teach math.
Related Quotes
It is said that those whom the gods wish to destroy they first make mad. It may well be that a war neurosis stirred up by propaganda of fear and hatred is the prelude to destruction.
Whom the gods would destroy, they first subsidize.
Whom the gods destroy, they first make mad.
Whom the gods wish to destroy they first call promising.
Whom the mad would destroy, first they make gods.
Whom the gods do not intend to destroy, they first make mad with poetry.
Whom the gods would destroy, they first make mad with power.
The financial sector has so distorted salaries that physicists are getting drawn into the financial sector. All that has led to an undersupply of people committed to the public sector.
It is said that whomsoever the gods wish to destroy, they first make mad. In fact, whomsoever the gods wish to destroy, they first hand the equivalent of a stick with a fizzing fuse and Acme Dynamite Company written on the side. It's more interesting, and doesn't take so long.
I thought about majoring in Math, Chemistry and English, but Math had the fewest requirements, so I went with it. I knew I wanted to teach, and Math was my field, so I studied Math.
That's the problem with the financial sector. Banks and the financial sector live in the short run, not the long run. In principle the government is supposed to make regulations that help the economy over time. But once it's taken over by the financial sector, the government lives in the short run too.
The financial sector is vital to the economy. A well-functioning financial sector promotes job creation, innovation, and inclusive economic growth.
Those who the gods seek to destroy first, learn how to play golf.
Whom the gods notice they destroy.
When large companies take on risk, then they impose risks on the rest of the system. And these are systemic risks and these systemic risks we never used to think were really that important, but as soon as we recognize how the financial sector - the risks the financial sector takes on can impact the entire global economy, we realize that those risks needed to be controlled for the social good.
It's just very hard to teach a class of students about what has happened in the Global Financial Crisis, how we ended up there and how we got to where we are today, without having some basic, non-trivial understanding of the financial sector, credit, and the banking system.
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