“Cold-turkey deficit reduction would cause a significant recession. A recent analysis by the Congressional Budget Office estimated that going headlong over the cliff would cause our gross domestic product, which has been growing at an annual rate of around 2 percent, to fall at a rate of 2.9 percent in the first half of 2013.” FirstsHas BeensFallCausesHalfGrowingProductsColdOfficePercentRateSignificantBudgetsAnalysisGrossDeficitTurkeysCliffsReductionRecessionsAnnualsGross Domestic ProductCold Turkey Author:Christina Romer
“the idea of a finished human product not only appears presumptuous but even, in my opinion, lacks any strong appeal. Life is struggle and striving, development and growth - and analysis is one of the means that can help in this process. Certainly its positive accomplishments are important, but also the striving itself is of intrinsic value.” HumansMeanImportantIdeasHelpingLife IsValuesStrongProcessGrowthOpinionStruggleProductsDevelopmentStriveFinishedAppealsAnalysisAccomplishmentPsychiatryPresumptuousIntrinsic ValueLife Is A StruggleDevelopment And Growth Book:Self-Analysis Source: Self-Analysis
“The whole art of making experiments in chemistry is founded on the principle: we must always suppose an exact equality or equation between the principles of the body examined and those of the products of its analysis.” ArtWholeBodyPrinciplesProductsEqualityExperimentsAnalysisChemistryEquations Author:Antoine Lavoisier
“[on the theory of the firm] It is exactly analogous to the analysis of the reactions of a consumer by means of indifferent curves. Indeed, a consumer is merely a 'firm' whose product is 'utility.'” MeanProductsTheoryReactionsConsumersFirmAnalysisIndifferentCurvesUtility Author:Kenneth E. Boulding
“You need judgment, you need to utilize conventional resource-allocation analysis, you have to work backward from estimations of the market to the current investments and you have to do some benchmarking of your product and its potential against your competition.” NeedsProductsJudgmentResourcesCompetitionInvestmentCurrentsAnalysisConventionalEstimationAllocation Author:John Kao