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Models Quotes

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Models Quotes

“Unlike Hegel's progress model of history, which moves by stages, each containing its own logic of growth and decline, the economic model develops as the simple function of one money-variable over time, with a long-term trend which increases monotonically.”

“I would like to say that I have software that allows me to model worlds to a high degree of scientific plausibility. I'd also like to be six foot two and fifteen years into my reign as Emperor of Europa. The simple truth is that past the character's name and a long history of making my own body cover distances, I did very little in the way of targeted research.”

“To me, the print business model is so simple, where readers pay a dollar for all the content within, and that supports the enterprise. The web model is just so much more complicated, and involves this third party of advertisers, and all these other sources of revenue that are sort of provisional, but haven't been proven yet.”

“They offer, if we are wise enough or simple enough to take it, a model for what it means to give your heart with little thought of return. Both powerfully imaginary and comfortingly real, dogs act as mirrors for our own beliefs about what would constitute a truly humane society. Perhaps it is not too late for them to teach us some new tricks.”

“The Domino Effect could stand for anything. It could be just the simple game of the domino rocks falling off one after another, all kinds of decision we make that come back to our face. For example take an anorexic model that stops eating until she dies, or the bombs that a are thrown in a war and the effect they have on people, or even something simple as listening to a record that you like until you get bored of it and leave it in your shelf.”

“I do think that metaphysical exploration is like scientific exploration, in the sense that philosophers and scientists are both developing models of reality, and furthermore that we all rely to a significant extent on the idea that models which provide elegant, simple and satisfying explanations are more likely to be true.”

“There are all sorts of institutions in the economic world which depart from the simple price/market model which I worked on in an earlier incarnation and which has been sort of the mainstream of economic theories since Adam Smith and David Ricardo. There are all sorts of contractual relations between firms and individuals which do not conform to the simple price theory - profit-sharing schemes and so forth - and the explanation for these suddenly became clear. We now understand why these emerged and that they are based on differences in information in the economy.”