Related quotes
- The gift of fantasy has meant more to me than my talent for absorbing positive knowledge.
- A man may be a pessimistic determinist before lunch and an optimistic believer in the will's freedom after it.
- Optimism is the faith that leads to achievement. Nothing can be done without hope and confidence.
- There was a danger that skeptics and opponents would misread those likelihood ratio tests as rejections of an entire class of models, which of course they were not.
- Lucas attended a conference on rational expectations at the University of Minnesota in the spring of 1973. The day after the conference, I received a call from Pittsburgh.
- In the 1980s, there were occasions when it made sense to say, 'it is too difficult to maximize the likelihood function, and besides if we do, it will blow our model out of the water.'