"It seems to me that at least as far as the financial markets are concerned, there is increasing evidence against rational expectations, even at the macro level."

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Source : Source: www.minneapolisfed.org

Kenneth Arrow

#Expectations Quotes #Levels Quotes #Financial Quotes

“You said you were going for a walk!? What kind of walk takes six hours?" "A long one?”
“I'm either shooting nine grams of coke a day or spending two hours at the gym. There's no middle ground.”

Source : "Biography/ Personal Quotes". www.imdb.com.
“Don't talk to us like we ignint!”
“The Ruffed Pandanga of Borneo and Rotherham spreads out his feathers in his courtship dance and imitates Winston Churchill and Tommy Cooper on one leg. The padanga is dying out because the female padanga doesn't take it too seriously.”
“I think clearly the United States, as well as other western nations, should stand by their commitments to human rights and democracy and should try to influence other countries to move in that direction.”
“Scientific civilisation has destroyed the soul of the world.”
“I'm a staunch civil libertarian; I really believe that the individual is more important than any societal value.”
“... the most fiendish plant I know of, the sort of thing Beelzebub might pluck to make a bouquet for his mother-in-law ... it looks as if it had been made out of a sow's ear for the spathe, and the tail of a rat that died of Elephantiasis for the spadix. The whole thing is mingling of unwholesome greens, livid purples, and pallid pinks, the livery of putrescence in fact, and it possesses and odour to match the colouring.”

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