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Prospect Theory Quotes & Sayings

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Top Prospect Theory Quotes

Prospect Theory Quotes By George Orwell

Nazi theory indeed specifically denies that such a thing as "the truth" exists. [ ... ] The implied objective of this line of thought is a nightmare world in which the Leader, or some ruling clique, controls not only the future but the past. If the Leader says of such and such an event, "It never happened" - well, it never happened. If he says that two and two are five - well, two and two are five. This prospect frightens me much more than bombs [ ... ] — George Orwell

Prospect Theory Quotes By Anthony Trollope

We all profess to believe when we're told that this world should be used merely as a preparation for the next; and yet there is something so cold and comfortless in the theory that we do not relish the prospect even for our children. — Anthony Trollope

Prospect Theory Quotes By James Tobin

A long decade ago economic growth was the reigning fashion of political economy. It was simultaneously the hottest subject of economic theory and research, a slogan eagerly claimed by politicians of all stripes, and a serious objective of the policies of governments. The climate of opinion has changed dramatically. Disillusioned critics indict both economic science and economic policy for blind obeisance to aggregate material "progress," and for neglect of its costly side effects. Growth, it is charged, distorts national priorities, worsens the distribution of income, and irreparably damages the environment. Paul Erlich speaks for a multitude when he says, "We must acquire a life style which has as its goal maximum freedom and happiness for the individual, not a maximum Gross National Product." [in Nordhaus, William D. and James Tobin., "Is growth obsolete?" Economic Research: Retrospect and Prospect Vol 5: Economic Growth. Nber, 1972. 1-80] — James Tobin

Prospect Theory Quotes By Victor J. Stenger

In short, evolution is as close to being a scientific fact as is possible for any theory, given that science is open - ended and no one can predict with certainty what may change in the future. The prospect that evolution by natural selection, at least as a broad mechanism, will be overthrown in the future is about as likely as the prospect of finding out some day that the Earth is really flat. Unfortunately, those who regard these scientific facts as a threat to faith have chosen to distort and misrepresent them to the public. — Victor J. Stenger

Prospect Theory Quotes By Joseph Priestley

How glorious, then, is the prospect, the reverse of all the past, which is now opening upon us, and upon the world. Government, we may now expect to see, not only in theory and in books but in actual practice, calculated for the general good, and taking no more upon it than the general good requires, leaving all men the enjoyment of as many of their natural rights as possible, and no more interfering with matters of religion, with men's notions concerning God, and a future state, than with philosophy, or medicine. — Joseph Priestley