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Edgar Fiedler Quotes: Economists state their GNP growth projections to the nearest tenth of a percentage point to prove they have a sense of humor.
         

Economists state their GNP growth projections to the nearest tenth of a percentage point to prove they have a sense of humor.


Edgar Fiedler
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Other quotes of Edgar Fiedler


Ask five economists and you'll get five different answers - six if one went to Harvard.

Ask five economists and you'll get five different answers - six if one went to Harvard.



If you have to forecast, forecast often.

If you have to forecast, forecast often.



The herd instinct among forecasters makes sheep look like independent thinkers.

The herd instinct among forecasters makes sheep look like independent thinkers.



For economist the real world is often a special case.

For economist the real world is often a special case.



When you know absolutely nothing about the topic, make your forecast by asking a carefully selected probability sample of 300 others who don't know the answer either.

When you know absolutely nothing about the topic, make your forecast by asking a carefully selected probability sample of 300 others who don't know the answer either.



Forecasters tend to learn less and less about more and more, until in the end they know nothing about everything.

Forecasters tend to learn less and less about more and more, until in the end they know nothing about everything.





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The nature of the ego is to misuse whatever authority one has.

The nature of the ego is to misuse whatever authority one has.



At the very basic level all people are creators. We are all creating at every moment.

At the very basic level all people are creators. We are all creating at every moment.



Civilisation has ever accompanied emigration and conquest - the conflict of opinion, of religion, or of race

Civilisation has ever accompanied emigration and conquest - the conflict of opinion, of religion, or of race



Believe in the power of prayer - it is real, it is wonderful, it is tremendous.

Believe in the power of prayer - it is real, it is wonderful, it is tremendous.



A Puritan is someone who is desperately afraid that, somewhere, someone might be having a good time.

A Puritan is someone who is desperately afraid that, somewhere, someone might be having a good time.



My being some kind of celebrity - not a real celebrity, isn't a welcome part of the job.

My being some kind of celebrity - not a real celebrity, isn't a welcome part of the job.



You know how I'm smart? I got people around me who know more than I do.

You know how I'm smart? I got people around me who know more than I do.



I remain a humanist. We are a very curious race.

I remain a humanist. We are a very curious race.



Iraq war has made us overlook domestic agenda.

Iraq war has made us overlook domestic agenda.



I am quite incapable of understanding how any work of art can be criticized from a moral standpoint. The sphere of art and the sphere of ethics are absolutely distinct and separate.

I am quite incapable of understanding how any work of art can be criticized from a moral standpoint. The sphere of art and the sphere of ethics are absolutely distinct and separate.




Quote Description


This page presents the quote "Economists state their GNP growth projections to the nearest tenth of a percentage point to prove they have a sense of humor.". Author of this quote is Edgar Fiedler. This quote is about growth, sense of humor, prove, funny, humor,.