APHORISM, n. Predigested wisdom. The flabby wine-skin of his brain Yields to some pathologic strain, And voids from its unstored abysm The driblet of an aphorism. "The Mad Philosopher," 1697
We will continue to ignore political and economic forecasts, which are an expensive distraction for many investors and
businessmen. Thirty years ago, no one could have foreseen the huge expansion of the Vietnam War, wage and price controls, two oil shocks, the resignation of a president, the dissolution of the Soviet Union, a one-day drop in the Dow of 508 points, or treasury bill yields fluctuating between 2.8% and 17.4%.
Tis gold Which buys admittance--oft it doth--yea, and makes Diana's rangers false themselves, yield up This deer to th' stand o' th' stealer: and 'tis gold Which makes the true man kill'd and saves the thief, Nay, sometimes hangs both thief and true man.
How do you measure whether or not a strategy of economic growth that is articulated by a very smart, capable economist actually yields growth? You can't. But you can influence.
I yield to your wishes. It is the privilege of the women whom we love more than they love us to make the men who love them ignore the ordinary rules of common-sense.
However we select from nature a complex [of phenomena] using the criterion of simplicity, in no case will its theoretical treatment turn out to be forever appropriate (sufficient).... I do not doubt that the day will come when [general relativity], too, will have to yield to another one, for reasons which at present we do not yet surmise. I believe that this process of deepening theory has no limits.