Same topic Authors
Quote of the day

SNAP is a critical anti-hunger program that feeds millions of low income Americans, including children, veterans, and seniors who would not otherwise have the resources to buy groceries.

Popular Topics
Gossip, Oceans, Enthusiast, Inspire, Living My Life, Fitness, Book, Good, Angry, Motor, Character, Thank You, Art, Creative, Humble, Involve, Feeling, Path Of Love, Fly, Happy, Live, Subject, Curiosity, Wonder, Beauty, Dance, Teacher, Inspirational Life, I Miss You, Glory, Girl, Bear, Religion, Comfortable, Things, Identity, Technical, Alien, Night, Town, Acknowledge, America, I Like You, House, Perfect Love, Drama, Memorable, Culture, Things In Life, Afternoon
Kenneth Arrow

One doesn't like instabilities in markets; they may be damaging, but probably not fatal, as the October '87 crash showed. It turned out to be essentially inconsequential. So if that's true, I'm not very worried about the welfare of those who are investing any more than I am about the welfare of those who go into casinos.

Casinos, Crash, Essentially, Inconsequential, Investing, May
Same Author Quotes

My undergraduate education, at the City College in New York, was made possible only by the existence of that excellent free institution and the financial sacrifices of my parents.

College, Existence, New York, Possible, Sacrifice, Undergraduate

My graduate study was interrupted, like that of many others, by World War II.

Graduate, Study, War, World

Economics in college was very poor; I was not very impressed with it. I actually wanted to study statistics. I discovered mathematical statistics as an undergraduate and was fascinated with it.

College, Discovered, Statistics, Study

I do sense, as compared with let's say the early '50s, there's somewhat more of a careerism. I don't think it's anything special to economics; it's equally true with physics or biology. A graduate education has become a more career-oriented thing, and part of that is because of the need for funding. In fact, that's a much worse problem in the natural sciences than it is in economics. So you can't even do your work in the natural sciences, particularly, and even to some extent in economics, without funding.

50S, Careers, Compared, Early, Special, Thinking

I think that systems that are based on employment are illogical and attempts to meet them create all sorts of unnecessary complexities.

Employment, Illogical, Sorts, Thinking, Unnecessary
Similar Quotes