"One of the peculiarities of economics is that it still rests on a behavioral assumption-rational utility maximization-that has long since been rejected by sociologists and psychologists."

--

Source : Lester C. Thurow (1984). “Dangerous currents: the state of economics”, Vintage

Lester Thurow

#Long Quotes #Assumption Quotes #Economics Quotes

“My mom missed meals on several occasions because there was only enough food to feed all of us. My mom didn't have a bed until I was 15 years old. She slept on a couch...I remember laying with her, like I used to sleep with my mom until I was like 12. I was a big baby; I'm a momma's boy. But my mom is my best friend, and never let me down, ever.”
“That I had never heard of such a bird did not surprise me.... But others more experienced also did not know of the Carolina Parakeet. The more I spoke of the bird, the more it seemed that, somehow, its existence had been a chimera. Admittedly, my survey was small and unscientific, but intelligent people who could reel off the names of various dinosaurs and identify sparrows at epic distances could not name the forgotten parakeet. I realized, forcefully, what I suppose I knew abstractly: Histories, like species, can go extinct.”

Source : Christopher Cokinos (2009). “Hope Is the Thing With Feathers: A Personal Chronicle of Vanished Birds”, p.12, Penguin
“Like snowflakes,' Franny said,'none of them the same and yet each one, from where we stand, exactly like the one before”
“The property boom has made us all feel wealthy, but unfortunately it has lulled many of those nearing retirement into a false sense of security.”
“That's what I think works the best, and what I think makes the best comedy - something that's completely committed and more approached as an acting exercise, as opposed to being worried about whether to be funny or not. The comedy comes from the context.”
“No wonder we have a lot of violence in Rio: the corrupt and violent policemen meet the violent criminals in the streets. What else is going to happen?”
“Whether I'm stressed out or angry or happy or depressed - however I feel, I say "I love my life," no matter what. That usually keeps me centered.”

Source : Interview with Maranda Pleasant, www.marandapleasantmedia.com.
“No great wisdom can be reached without sacrifice.”

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