Lars Peter Hansen famous quotes

Last updated: Sep 5, 2024

I work on the boundary between economics and statistics in this field called econometrics. Part of my interest is understanding how you use statistics in productive ways to analyze dynamic economic models.
-- Lars Peter Hansen

#Economic Models #Understanding #Use
If you simply announce that things are irrational, then that alone doesnt get you very far. You have to replace rational agents with some concrete notion of what it means to be irrational.
-- Lars Peter Hansen

#Mean #Agents #Irrational
A lot of my colleagues have been people with broad interests in economics, not just narrowly focused interests.
-- Lars Peter Hansen

#People #Economics #Broads
I think the understanding of the role of markets has really helped advance the values of entrepreneurship. Its helped shape public policy discussions in a whole variety of ways.
-- Lars Peter Hansen

#Thinking #Understanding #Roles

I work on the boundary between economics and statistics in this field called econometrics. Part of my interest is understanding how you use statistics in productive ways to analyze dynamic economic models.
I think the tragedy of Barack Obama's presidency is that although a lot of people around the world really admire Barack Obama a lot, they don't admire the American political and economic model as much as they used to.
Perfect understanding will sometimes almost extinguish pleasure.
Steadfastness is a noble quality, but unguided by knowledge or humility, it becomes rashness, or obstinacy.
Cats and I have an understanding, but we choose not to interact often.
We can chart our future clearly and wisely only when we know the path which has led to the present.
The Universal Zulu Nation stands to acknowledge wisdom, understanding, freedom, justice, and equality, peace, unity, love, and having fun, work, overcoming the negative through the positive, science, mathematics, faith, facts, and the wonders of God, whether we call him Allah, Jehovah, Yahweh, or Jah.
Far better to think historically, to remember the lessons of the past. Thus, far better to conceive of power as consisting in part of the knowledge of when not to use all the power you have. Far better to be one who knows that if you reserve the power not to use all your power, you will lead others far more successfully and well.
I advise students on the subject of color as follows: If it looks good enough to eat, use it.
Use the same measure for selling that you use for purchasing.

Lars Peter Hansen famous quotes

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