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Kenneth Arrow Quotes: It seems to me that at least as far as the financial markets are concerned, there is increasing evidence against rational expectations, even at the macro level.
         

It seems to me that at least as far as the financial markets are concerned, there is increasing evidence against rational expectations, even at the macro level.


Kenneth Arrow
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Other quotes of Kenneth Arrow


Knowledge is a free good. The biggest cost in its transmission is not in the production or distribution of knowledge, but in its assimilation. This is something that all teachers know.

Knowledge is a free good. The biggest cost in its transmission is not in the production or distribution of knowledge, but in its assimilation. This is something that all teachers know.



Now virtue may not always be its own reward, but in any case it is not usually bought and paid for at market rates.

Now virtue may not always be its own reward, but in any case it is not usually bought and paid for at market rates.



Vast ills have followed a belief in certainty.

Vast ills have followed a belief in certainty.



Unsolved problems, that's one of the great signs of progress in my opinion.

Unsolved problems, that's one of the great signs of progress in my opinion.



The world is changing. We're not really proceeding on a stationary basis.

The world is changing. We're not really proceeding on a stationary basis.



One thing I learned from meteorology is that being an actual science was no guarantee of exactness.

One thing I learned from meteorology is that being an actual science was no guarantee of exactness.



Education is still, in spite of private education, a state matter.

Education is still, in spite of private education, a state matter.



The MD is well aware that the forecasts are no good but he needs them for planning purposes.

The MD is well aware that the forecasts are no good but he needs them for planning purposes.



My undergraduate education, at the City College in New York, was made possible only by the existence of that excellent free institution and the financial sacrifices of my parents.

My undergraduate education, at the City College in New York, was made possible only by the existence of that excellent free institution and the financial sacrifices of my parents.



Usefulness depends on tractability.

Usefulness depends on tractability.





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In some remote corner of the universe, poured out and glittering among innumerable solar systems, there once was a star on which clever animals invented knowledge.

In some remote corner of the universe, poured out and glittering among innumerable solar systems, there once was a star on which clever animals invented knowledge.



A Culture of clear consistent communication and connection is the foundation of a high performance team that thrives and flourishes.

A Culture of clear consistent communication and connection is the foundation of a high performance team that thrives and flourishes.



How is it that we have over 6 billion people in the world and half of them feel alone?

How is it that we have over 6 billion people in the world and half of them feel alone?



I'm conflicted with theater in the city because you want to reach a diverse audience, and that audience doesn't typically go to the theater.

I'm conflicted with theater in the city because you want to reach a diverse audience, and that audience doesn't typically go to the theater.



Touch my children and I will eat your hands off your freakin arms.

Touch my children and I will eat your hands off your freakin arms.



But cheer up - we could be selling tobacco. It's not like software kills people if used as intended

But cheer up - we could be selling tobacco. It's not like software kills people if used as intended



Educate the heart. Let us have good men.

Educate the heart. Let us have good men.



The United States should get rid of its militias.

The United States should get rid of its militias.



Happiness is simply a state of mind in which our thinking is pleasant a good share of the time.

Happiness is simply a state of mind in which our thinking is pleasant a good share of the time.



Radio is the playground of coincidence.

Radio is the playground of coincidence.




Quote Description


This page presents the quote "It seems to me that at least as far as the financial markets are concerned, there is increasing evidence against rational expectations, even at the macro level.". Author of this quote is Kenneth Arrow. This quote is about financial markets, concerned, rational, evidence, seems, levels, expectations, macro, financial,.