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A second reason why science cannot replace judgement is the behavior of financial markets.


Martin Feldstein

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And finally, no matter how good the science gets, there are problems that inevitably depend on judge...
MARTIN FELDSTEIN We cannot ignore the risk of disorderly adjustments in financial markets.
ZHOU XIAOCHUAN It will be gradual. China's financial markets and their banking system are extraordinarily fragile. ...
DONALD STRASZHEIM This is a very important part of our financial markets in this province, and Alberta is obviously a ...
SHIRLEY MCCLELLAN ... It is not possible, says Weber, to confer the objective validity of facts on the basis of a valu...
NICHOLAS GANE The deterioration of the financial markets, particularly in the technology sector, and a worsening c...
GEORGE RUSSELL Economic science concerns itself primarily with theoretical and empirical generalizations about the ...
BEN BERNANKE As financial markets continue to broaden and deepen, the behavior of asset prices will play an impor...
TIMOTHY GEITHNER Technique is really personality. That is the reason why the artist cannot teach it, why the pupil ca...
OSCAR WILDE At the judgement seat of Christ more than one faith-confessing charismatic will have to sputter out ...
DAVID SHIBLEY The prospect of deflation is one that sends shudders through financial markets.
JERRY JASINOWSKI How do we replace someone like Martin? Well, Martin was unique, as was Neil, so it's a question of m...
MARTIN CORRY Overall, the trading is thin due to closure of the U.S. financial markets.
KIKUKO TAKEDA Countries are not like financial markets. Social change cannot be executed as swiftly as credit-defa...
GEORGE PAPANDREOU Our economy is increasingly dependent on the success and integrity of the financial markets.
MICHAEL DOUGLAS Science is the art of reason.
OCTAV DRUTA You can replace any pattern of behavior (or thought) with another. All it takes is relentless practi...
STEVE CHANDLER To search the sands of a lost desert for truth and justice in this world today you might as well be ...
GARY F EVANS... Psychology is the science of the intellects, characters and behavior of animals including man.
EDWARD THORNDIKE Modern science cannot explain why the laws of physics are exactly balanced for animal life to exist.
ROBERT LANZA In Religion within the Limits of Reason Alone he goes so far as to claim that conscientious moral ju...
JENS TIMMERMANN The Federal Reserve has a responsibility to ensure the safety and soundness of financial institution...
BERNIE SANDERS By joining our companies together, we will dominate the two fastest growing segments of the financia...
ELI BROAD I wish I was home", She said miserably.
She tried so hard to be brave,
to be fierce as a...
GEORGE R.R. MARTIN Developments in financial markets can have broad economic effects felt by many outside the markets.
BEN BERNANKE The reality is that financial markets are self-destabilizing; occasionally they tend toward disequil...
GEORGE SOROS Some men have thousands of reasons why they cannot do what they want to, when all they need is one r...
WILLIS WHITNEY Some men have thousands of reasons why they cannot do what they want to, when all they need is one...
WILLIS WHITNEY Some men have thousands of reasons why they cannot do what they want to, when all they need is one r...
MARTHA GRAHAM There is no reason why humanity cannot be served equally by weighty and trivial motives.
ERIC HOFFER Of course, financial markets were up moderately and that helps.
GEORGE ROCHE You yawn to equalize the pressure on your eardrums. This pressure change outside your eardrums unb...
WHY YAWNING IS CONTAGIOUS The only question that got any traction was when he asked Martin what he did. Martin tersely replied...
SCOTT MEYER There is very much of a flight to quality, although by now financial markets are settling down a bit...
GERALD LUCAS Selling drug secrets violates a trust that is fundamental to the integrity of both scientific resear...
CHUCK GRASSLEY Selling drug secrets violates a trust that is fundamental to the integrity of both scientific resear...
CHARLES GRASSLEY You cannot replace time
SUNDAY ADELAJA Evolutionary naturalism takes the inherent limitations of science and turns them into a devastating ...
PHILLIP E. JOHNSON One cannot see any world leader who has got a grip on the financial markets these days. They're ...
ROBERT HARRIS Materials for construction are part of a world market, and the demand created in Louisiana is virtua...
ALAN NEVIN Creating a regulatory system that reflects the modern-day realities of financial markets is not as d...
PAUL SINGER The usual approach of science of constructing a mathematical model cannot answer the questions of wh...
STEPHEN HAWKING Empathy is the new measurement of everything. It doesn't matter what religion you have, what God you...
C. JOYBELL C. The middle and working classes are paying the debt that the financial markets created.
JAVIER BARDEM Why should a religion claim that it is not bound to abide by the standpoint of reason! If one does n...
ABHIJIT NASKAR People wonder why the novel is the most popular form of literature; people wonder why it is read mor...
G.K. CHESTERTON We cannot replace an official investigation. That's why we always insist that what we're doing is sy...
ROYA BOROUMAND We have one of the strongest squads in Europe and there is no reason why this club cannot finish the...
THIERRY HENRY Favouring employment versus the financial markets is a decent policy; certainly not beneficial for t...
BILL GROSS One of the most constant aspects of American life is change - and nowhere is it more evident than in...
HENRY PAULSON The sky over Patusan was blood-red, immense, streaming like an open vein. An enormous sun nestled cr...
JOSEPH CONRAD Mark did a spectacular job for us during some of the most difficult periods in our financial markets...
ROB FECKNER Cat behavior is less of a known entity. That's why it's so fun.
ELAINE WEIL Commemoration of Martin Luther, Teacher, Reformer, 1546 The authority of Scripture is greater tha...
MARTIN LUTHER Science will explain how but not why. It talks about what is, not what ought to be. Science is descr...
JONATHAN SACKS There is a valid nationwide sentiment of concern over public pensions, and poor funding ratios are v...
WALKER STAPLETON U.S. markets are closed for Martin Luther King Day so price action is expected to remain muted throu...
JACK SPITZ I don't see any reason why in personal loans business we cannot have a comfortable market share.
PIYUSH GUPTA Courage is of no value unless accompanied by justice; yet if all men became just, there would be no ...
AGESILAUS THE SECOND Love is a chemical reaction, but it cannot be fully understood or defined by science. And though a b...
SUZY KASSEM We make the best products in the world. There's no reason why we shouldn't be marketing them in thes...
ISRAEL HERNANDEZ We have lost the art of living; and in the most important science of all, the science of daily life,...
D. H. (DAVID HERBERT) LAWRENCE This is a financial burden, which frankly I cannot afford.
NANCY DAVIS E*Offering is another step in our journey toward democratization of the financial services markets. ...
CHRISTOS COTSAKOS There's no reason that we should give up that lever on people's behavior - namely, the inhibition sy...
STEVEN PINKER I think the reason graduated licensing works is because you're not changing behavior, but changing c...
SUSAN FERGUSON For goodness' sake, if the Fed jumped every time the markets did, you'd have to replace Greenspan wi...
BRANDON STARR Argentina is still a big factor in markets' behavior. People are worried about Brazil's currency and...
CARLOS HOKAMA His life seemed like a deck of cards, and in the midst of all those two’s and three’s someone ha...
TEKOA MANNING It is mostly art; not so much science. It is, above all, influencing human behavior.
CHARLES ABELL Good judgement is the result of experience and experience the result of bad judgement.
MARK TWAIN Do not judge what you cannot understand. Understanding brings about good judgement.
POATE J MATAIRAVULA Creationism is clearly not science. Science cannot deal with the supernatural. Intelligent Design is...
MICHAEL CLOUGH Love is a chemical reaction,
But it cannot be fully understood or defined by science.
And ...
SUZY KASSEM Past transitions at the Fed have often been accompanied by volatile financial markets.
BILL DUDLEY Science is not only a disciple of reason but, also, one of romance and passion.
STEPHEN HAWKING It's a no-news day so we've been tied to the behavior of Latin American markets and U.S. indexes. Vo...
ANTONIO MACHADO It's a no-news day so we've been tied to the behavior of Latin American markets and U.S. indexes, .....
ANTONIO MACHADO Even if the dollar does decline during the coming months, the delays in the response of exports and ...
MARTIN FELDSTEIN An increase in the relative price of products from the low wage manufacturers in Asia and Latin Amer...
MARTIN FELDSTEIN But because we in the United States finance our current account deficit by borrowing in our own curr...
MARTIN FELDSTEIN Unless the trade deficit shrinks, the combination of the trade deficit and the interest and dividend...
MARTIN FELDSTEIN The good news is that a competitive dollar in the global market and a strong dollar at home are comp...
MARTIN FELDSTEIN Increased government spending can provide a temporary stimulus to demand and output but in the longe...
MARTIN FELDSTEIN Although economists have studied the sensitivity of import and export volumes to changes in the exch...
MARTIN FELDSTEIN A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high le...
MARTIN FELDSTEIN So just as I want pilots on the planes that I fly, when it comes to monetary policy, I want to think...
MARTIN FELDSTEIN Domestic inflation reflects domestic monetary policy.
MARTIN FELDSTEIN The price of imported oil in the US doubled between summer 2003 and summer 2005, reducing consumers&...
MARTIN FELDSTEIN But then in April of 1985 the dollar began a sharp decline. The dollar's trade weighted value fe...
MARTIN FELDSTEIN The more competitive value of the dollar turned around the trade deficit.
MARTIN FELDSTEIN To finance this trade deficit, the U.S. has to borrow from the rest of the world or sell American as...
MARTIN FELDSTEIN The only way that we can reduce our financial dependence on the inflow of funds from the rest of the...
MARTIN FELDSTEIN It is certainly something to worry about. Continuing to attract funds when the current account defic...
MARTIN FELDSTEIN The share market has also been kind to them as Babcock & Brown is leveraged to strong financial mark...
SHAWN BURNS Although we work through financial markets, our goal is to help Main Street, not Wall Street.
JANET YELLEN Core inflation was the good news in the report. That calmed the financial markets.
HASEEB AHMED Economics is the science which studies human behavior as a relationship between ends and scarce mean...
LIONEL CHARLES ROBBINS Economics is a theoretical science and as such abstains from any judgement of value. It is not its ...
LUDWIG VON MISES We believe a lot of science has come out since they began the report that really informs the decisio...
DAVID BOOTHE

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Even if the dollar does decline during the coming months, the delays in the response of exports and ...
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MARTIN FELDSTEIN But because we in the United States finance our current account deficit by borrowing in our own curr...
MARTIN FELDSTEIN Unless the trade deficit shrinks, the combination of the trade deficit and the interest and dividend...
MARTIN FELDSTEIN The good news is that a competitive dollar in the global market and a strong dollar at home are comp...
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STEVE MARTIN Well, excuuuuuse me!
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DEMETRI MARTIN I thought I would, you know, go to college, get to law school, finish, and then get a job and work a...
DEMETRI MARTIN I never set out to do a sketch show.
DEMETRI MARTIN I keep a lighter in my back pocket all the time. I'm not a smoker, I just really like certain so...
DEMETRI MARTIN I wonder what the most intelligent thing ever said was that started with the word 'dude.' &#...
DEMETRI MARTIN I was walking in the park and this guy waved at me. Then he said, 'I'm sorry, I thought you ...
DEMETRI MARTIN The digital camera is a great invention because it allows us to reminisce. Instantly.
DEMETRI MARTIN Let no man's deathbed be a futon.
DEMETRI MARTIN If I ever saw an amputee getting hanged, I'd probably just start calling out letters.
DEMETRI MARTIN I like to use 'I Can't Believe it's Not Butter' on my toast in the morning, because ...
DEMETRI MARTIN If I have to move up in a building, I choose the elevator over the escalator. Because one time I was...
DEMETRI MARTIN I like video games, but they are very violent. I want to create a video game in which you have to he...
DEMETRI MARTIN The multitude of books is a great evil. There is no limit to this fever for writing.
MARTIN LUTHER