A Quote by Richard Thaler
There's no reason to think that
markets always drive people to
what's good for them.
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Markets are a social construction, they're made from institutions. We in a democratic society create markets, we constitute markets, we bring them into existence, and we shouldn't turn markets over to a narrow group of people who regulate them and run them in their interests, rather they should be run democratically for the common good.
I think that others can drive a creature to naughtiness, always accusing and blaming them. After a while it must make the creature unhappy and drive him...to be naughty, because nobody expects them to be good.
I THINK ITS COOL THAT OTHER CROWDS LIKE WHAT I DO. HOWEVER IVE ALWAYS HAD A GOOD MIX OF PEOPLE AT MY SHOWS. I STARTED DOING THINGS ON RADIO ON ROCK MARKETS AND ALTERNATIVE MARKETS. IVE ALWAYS BEEN A COUNTRY TYPE ACT HOWEVER I STARTED WITH THE ROCK MARKET. IM VERY INTERCHANGEABLE.
Markets also have a very bad psychological effect. They drive people to a conception of themselves and society in which you're only after your own good, not the good of others and that's extremely harmful.
I think theatre must be an event, an experience, not compete with cinema. When people are able to download stories on Netflix, you need to give them a good reason to jump into the car and drive two hours. It has to be something you can only see in the theatre, and it has to be worth it.
If we make all of the people good, markets will be good. If markets are bad, which they are, that means people are bad, which they are. Want good markets? Change the people.
The thing about great fictional characters from literature, and the reason that they're constantly turned into characters in movies, is that they completely speak to what makes people human. They're full of flaws as much as they are full of heroics. I think the reason that people love them and hate them so much is because, in some way, they always see a mirror of themselves in them, and you can always understand them on some level. Sometimes it's a terrifyingly dark mirror that's held up.
Private equity capital in each of those markets Europe and Asia - while those markets have very different characteristics - fills a niche where either strategic investors or the public markets don't go, or don't want to go for some particular reason. I think that's going to continue to be the case going forward.
History speaks pretty clearly that the markets do better with Democrats. Republicans' ideas of what constitutes fiscal responsibility simply are not good for the stock market. Democrats have many tendencies, but one of them is to look after the workers, and actually that tends to be good for demand and good for markets.
L.A. has a lot of good flea markets - the Rose Bowl is always a good one. I have taken to eBay, too. Some of my favorite things - especially chairs, for some reason - I got on eBay.
There's a very good reason for why economics developed the way it did, and that is that in many situations, the assumption that people will exploit the opportunities available to them is very plausible, and it simplifies the analysis of how markets will behave.
The nations of the Middle East will have to decide what kind of future they want for themselves for their country and, frankly, for their families and for their children. It's a choice between two futures, and it is a choice America cannot make for you. A better future is only possible if your nations drive out the terrorists and drive out the extremists. Drive them out. Drive them out of your places of worship. Drive them out of your communities. Drive them out of your Holy Land. And drive them out of this earth.
When people give you their stated reason for doing something always assume they are giving you a reason that sounds good, but not the real reason.
It would require more hands to manage a stock of sheep, gather them from the hills, force them into houses and folds, and drive them to markets, than the profits of the whole stock were capable of maintaining.
There are so many fantastic roles, but the ones that have always drawn me to them are the loners who, for whatever reason, never quite fit in and knew it and had to find their own way. I've always been drawn to that, for some reason. I've always been drawn to that sad, isolated place, but what it produces in behavior is something else, entirely. For whatever reason, I'm drawn to these people. Essentially, I think what draws me is that they are survivors against rather considerable odds.
I think my brother is good coach,because he's Jim. He's a good decision maker. He makes good judgments. He's got a vision. He's got a picture of what he wants it to look like. He's not worried about what other people think. He's not afraid to be himself. He's a good person and he cares about people. He wants them to do well so that they can shine, not for any other reason than that they can be their very best.
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