Ormerod 2 Quotes & Sayings

The reader might reflect that an awful lot of supposing has to take place in order for the quantity theory of money to be true. — Paul Ormerod

The model of competitive equilibrium which has been discussed so far is set in a timeless environment. People and companies all operate in a world in which there is no future and hence no uncertainty. — Paul Ormerod

The obstacles facing academic economists are formidable, for tenure and professional advancement still depend to a large extent on a willingness to comply with and to work within the tenets of orthodox theory. — Paul Ormerod

practical intelligence." To Sternberg, practical intelligence includes things like "knowing what to say to whom, knowing when to say it, and knowing how to say it for maximum effect." It is procedural: it is about knowing how to do something without necessarily knowing why you know it or being able to explain it. — Malcolm Gladwell

The most important thing, I believe, about books for babies and very young children is that they are shared between the child and a caring adult. It is time for physical closeness and comfort, of quiet and harmony, of sharing ideas and emotions, laughing and learning together. The learning and benefit that take place are not only enjoyed by the child. Any adult who takes time to share books with small children will be rewarded, enriched, and revitalized by it, every time. — Jan Ormerod

She hands me a security badge that says VIRGIN. — Andrew Shaffer

Baseball players or cricketers do not need to be able to solve explicitly the non-linear differential equations which govern the flight of the ball. They just catch it. — Paul Ormerod

Somali is turning into a desert. Rwanda, you can hardly find a place to plant a potato, it's so crowded. — Jim Fowler

But Adam Smith was a philosopher as well as well as an economist, famous in his time as much for his Theory of Moral Sentiments as for The Wealth of Nations. And as he understood so well, society is more than the sum of its individual parts. — Paul Ormerod

The linear, mechanistic view of the world which pervades orthodox economics is simply not capable of capturing the richness and complexity of the rhythms and fluctuations of developed economies. — Paul Ormerod

Keynes tried to show that market economies could settle in equilibrium states in which the labour market did not clear, and in which the level of unemployment was high. He believed that this was due to a particular example of market failure, developed in his concept of effective demand. — Paul Ormerod

More and more people seem to be separating from nature. I'm trying to go in a different direction. I'm getting closer and closer. — Dean Potter

Books proliferate, and occasionally sell in very large numbers, which claim to have found the rule, or small set of rules, which will guarantee business success. But business is far too complicated, far too difficult an activity to distil into a few simple commands ... It is failure rather than success which is the distinguishing feature of corporate life. — Paul Ormerod

In a country like America there are places, many states here still where coming out means you lose your job, where coming out means division, where it means potentially abuse. — John Amaechi

The second part of the New Right's policy package has been the belief that free-market solutions are always best. It is this latter view which is profoundly mistaken. Markets and profits are crucial, but the pure free-market model itself is deeply flawed. — Paul Ormerod

The temptation to use mathematics is irresistible for economists. It appears to convey the appropriate air of scientific authority and precision to economists' musings. — Paul Ormerod

By any reasonable criteria, the discipline of economics as a whole, in its present state, is sadly lacking. — Paul Ormerod

Relationships based on dishonesty, lies,
Secrets and cheats R not only predicted
to fail but also a waste of precious time
and energie! U can't fool yourself 4ever! — Lily Amis

Despite the high salaries involved, employing economists is a cost-effective way for banks, and stockbrokers to secure exposure in the media. — Paul Ormerod

Many Europeans, while admiring the strength and power of the American economy, undoubtedly feel that the system of social values which prevails in the United States, manifested in the acute problems evident in the inner cities and the level of violent crime, for example, leaves much to be desired. — Paul Ormerod

In most Western economies, the general relationship is not in fact between the rate of inflation and the level of unemployment, but between the rate of change of inflation and the rate of change of unemployment. — Paul Ormerod

One cannot predict the next mythology any more than one can predict tonight's dream; for a mythology is not an ideology. It is not something projected from the brain, but something experienced from the heart, from recognition of identities behind or within the appearances of nature, perceiving with love a 'thou' where there would otherwise have been only an 'it.' — Joseph Campbell

If I'm trusting myself, I will stare at all the possible ways I could fail. If I'm trusting God, I will stare at all the possible ways He'll use this whether I fail or succeed. — Lysa TerKeurst

Even in financial markets, the concept of market efficiency does not hold. — Paul Ormerod

At 2 per cent growth a year, an economy doubles in size in just thirty years. — Paul Ormerod

The behavior of the economy as a whole, at the aggregate, macro-level, is built up from the individual equations at the micro-level. — Paul Ormerod

Once the true relationship between inflation and unemployment is understood, with luck and skill, a free lunch is possible. — Paul Ormerod

A wise man covers his ass. An even wiser man leaves his pants on, — Ashwin Sanghi

We need to abandon the economist's notion of the economy as a machine, with its attendant concept of equilibrium. A more helpful way of thinking about the economy is to imagine it as a living organism. — Paul Ormerod