"The first and most optimistic response was complete rational expectations econometrics. A rational expectations equilibrium is a likelihood function. Maximize it."

-- Thomas J. Sargent

#Optimistic Quotes #Expectations Quotes #Firsts Quotes

“The student will try to defy the master. Always.”
“Our lives are rivers, gliding free to that unfathomed, boundless sea, the silent grave!”
“As a cartoonist, I'm a caricaturist. First you find out what somebody really looks like, and then you find out what they 'really' look like.”
“I come to you with only Karate, Empty Hands. I have no weapons, but should I be forced to defend myself, my principles or my honor, should it be a matter of life or death, of right or wrong, then here are my weapons, Karate, my Empty Hands.”
“All the Disney Princess films are iconic and beautiful, so to have been a part of all that was really a wonderful part of my life. Its all fabulous, too, that I have a daughter that appreciates the whole Princess thing.”
“Self-professed liberals are only 15 to 20% of the electorate.”
“The entrepreneurs that really make it are the ones that start with an idea but are ready to change it at a moment's notice.”
“There was nothing so attractive as a powerful, handsome, and self-assured man.”

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