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Arthur M. Schlesinger

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Expelled from individual consciousness by the rush of change, history finds its revenge by stamping the collective unconsciousness with habits and values.

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Robert C. Savage

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You can measure a man by the opposition it takes to discourage him.

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Robert C. Savage

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Most people are willing to pay more to be amused than to be educated.

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Jean Paul-Sartre

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So much torture, bloodshed, deceit. You cannot make your young people practice torture twenty-four hours a day and not expect to pay a price for it.

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Robert W. Sarnoff

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Finance is the art of passing currency from hand to hand until it finally disappears.

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Robert W. Sarnoff

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Advertising is the foot on the accelerator, the hand on the throttle, the spur on the flank that keeps our economy surging forward.

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Thomas J. Sargent

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When I was a graduate student, estimating and interpreting distributed lags topped the agenda of macroeconomists and other applied economists.

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Thomas J. Sargent

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Those papers found the cross-equation restrictions on a VAR for money and prices by reverse engineering a joint process for which Cagan's adaptive expectations formula delivers optimal forecasts.

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Thomas J. Sargent

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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.

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Thomas J. Sargent

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There is a communism of models. All agents inside the model, the econometrician, and God sharethe same model.

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