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Important Quotes

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Important Quotes

“Financial literacy is not an end in itself, but a step-by-step process. It begins in childhood and continues throughout a person's life all the way to retirement. Instilling the financial-literacy message in children is especially important, because they will carry it for the rest of their lives. The results of the survey are very encouraging, and we want to do our part to make sure all children develop and strengthen their financial-literacy skills.”

“If you look across a host of measures at adoption studies, fraternal v. identical twin studies, twins-raised-apart studies, the history of early childhood intervention research, naturally-occurring experiments, differences between societies, changes over history, and so forth, you tend to come up with nature and nurture as being about equally important: maybe fifty-fifty. The glass is roughly half-full and half-empty.”

“Recognising that an ostentatious cult of heroism and state service served an important propaganda function for the British elite does not mean, of course, that we should dismiss it as artificial or insincere. All aristocracies have a strong military tradition, and for many British patricians the protracted warfare of the period was a godsend. It gave them a job, and, more important, a purpose, an opportunity to carry out what they had been trained to do since childhood: ride horses, fire guns, exercise their undoubted physical courage and tell other people what to do.”