A Quote by Sendhil Mullainathan
Policymakers think that if they get the abstractions right, that will drive behavior in the desired direction. But the world happens in real time.
Related Quotes
The world of physics is essentially the real world construed by mathematical abstractions, and the world of sense is the real world construed by the abstractions which the sense-organs immediately furnish. To suppose that the "material mode" is a primitive and groping attempt at physical conception is a fatal error in epistemology.
The state does not function as we desired. A man is at the wheel and seems to lead it, but the car does not drive in the desired direction. It moves as another force wishes.
Whatever happens, happens. I can't give you a prediction because Jim (Irsay) and I will sit down at some point and he'll get a feel for where I am and I’ll get a sense of what direction he wants to go. Right now, I have no idea.
The first thing to realize about physics ... is its extraordinary indirectness.... For physics is not about the real world, it is about "abstractions" from the real world, and this is what makes it so scientific.... Theoretical physics runs merrily along with these unreal abstractions, but its conclusions are checked, at every possible point, by experiments.
The important point is to be on the spot at the moment most favorable for gaining the desired advantage; and it will be found that of men who get what they want in this world, both those who seem to hasten and those who seem to lounge are always at the right place at the right time.
In the real world, nothing happens at the right place at the right time. It is the job of journalists and historians to correct that.
Rehearsals are set up so that you find out all the nuances about your character. You never want to beat yourself up. It's about finding the right direction, and most of the time, the right direction is not what you think is the right direction. That's why the director's there: to guide you there.
Are there still other possibilities? Of course there are. What is important to recognize is that all three historical options are really there, and the choice will depend on our collective world behavior over the next fifty years. Whichever option is chosen, it will not be the end of history, but in a real sense its beginning. The human social world is still very young in cosmological time. In 2050 or 2100, when we look back at capitalist civilization, what will we think?
There are actually no political aspirations. I think you need to have the right attitude and aptitude for it. I don't think I have the right aptitude for it. I think it is unfair to push somebody in that direction just because my father happens to be a politician.
As you begin to take action toward the fulfillment of your goals and dreams, you must realize that not every action will be perfect. Not every action will produce the desired result. Not every action will work. Making mistakes, getting it almost right, and experimenting to see what happens are all part of the process of eventually getting it right.
Of course, the world is full of problems. But on the other hand it's important to get the sense... are we generally moving in the right direction or the wrong direction?
What differentiates time from space is that time does have a direction. In that sense it is different from space. I think that's certainly true that whereas spatial dimensions don't have direction or an arrow, time does. It runs from past to future. But I see that arrow of time as rooted in a deeper metaphysical reality, namely the reality of temporal becoming - of things coming to be and passing away. That is why time has this arrow. But it's not sufficient to simply say that time and space are distinct because time has a direction. The question will be: why does it have a direction?
After a long period in which the desired direction for inflation was always downward, the industrialized world's central banks must today try to avoid major changes in the inflation rate in either direction.
I think you ought to let me take poor Tessa into town to get some new clothes. Otherwise, the first time she takes a deep breath, that dress will fall right off her." Will looked interested. "I think she should try that out now and see what happens.
If people would stop objectifying abstractions (which they probably never will), or if they would stop objectifying the abstractions they make consciously (which they might learn to do), at least half the pseudo-questions befuddling the world today - as they have befuddled it since time immemorial - would vanish. And that would be a very, very great gain.
At the same time, new concepts and abstractions flow into the picture, taking up the task of describing the universe without reference to such time or space - abstractions for which our language lacks adequate terms.
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