If you want a simple model for predicting the unemployment rate in the United States over the next few years, here it is: It will be what Greenspan wants it to be, plus or minus a random error reflecting the fact that he is not quite God.
--
Slate, 6 February 1997; as cited by Orrin Judd at brothersjuddblog, 14 August 2004Paul Krugman
In most Western economies, the general relationship is not in fact between the rate of inflation and the level of unemployment, but between the rate of change of inflation and the rate of change of unemployment.
Paul Ormerod
Even though the crime rate has dropped in recent years, the United States has more police per capita then any other nation in the world.
Michael Parenti
I had not been two weeks in the United States before someone said to me: "Well, at any rate, there is Cabell." That was a new name to me. I was given Beyond Life to read. My excitement during the discovery of that perverse and eloquent testament was one of the happiest moments of my American stay. I spent then a wild and eccentric search after his earlier masterpieces. Inside the cover of Beyond Life there were the titles of no less than fourteen books. I could see from the one which I held in my hand that Mr. Cabell was no careless writer. He had been writing then for many years and he was unobtainable! "No, he has never had any success," a bookseller told me. "No one ever asks for his books."
That situation is now changed. There are, I imagine, a great many more persons in the United States of America asking for Jurgen than are likely to obtain it. That good, at any rate, an idiotic censorship has done.James Branch Cabell
There is no effective difference between guessing a variable that is not random, but for which information is partial or deficient (...), and a random one (...). In this sense, guessing (what I don't know, but what someone else may know) and predicting (what has not taken place yet) are the same thing.
Nassim Nicholas Taleb
Krugman, Paul
Kruk, John
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