![[In] economics... you can disguise charlatanism under the weight of equations and nobody can catch you since there is no such thing as a controlled experiment. Now the spirit of such methods, called scientism by its detractors, continued into the discipline of finance as a few technicians thought their mathematical knowledge could lead them to understand markets. The practice of financial engineering came along with massive doses of pseudoscience. (Nassim Nicholas Taleb)](https://cdn.quotesdtb.com/img/quotes_images_webp/16/nassim-nicholas-taleb-came-323116.webp)
[In] economics... you can disguise charlatanism under the weight of equations and nobody can catch you since there is no such thing as a controlled experiment. Now the spirit of such methods, called scientism by its detractors, continued into the discipline of finance as a few technicians thought their mathematical knowledge could lead them to understand markets. The practice of financial engineering came along with massive doses of pseudoscience.
Nassim Nicholas TalebRelated topics
came catch control disguise economics engineering experiment few knowledge lead nobody now practice spirit thing thought under weight pseudoscience scientismRelated quotes
Vegetarianism is a link to perfection and peace. But it's a small link. There are lots of other issues: apartheid, vivisection, political prisoners, the arms race. There's so much going on in this world today, so much ignorance among people. That's not to say I'm not standing amongst everybody. But the point is, what can we do now? That's the thing about vegetarianism; it's an individual's decision and it's something you have control over. How many things do we really have control over?
River Phoenix
I started off believing all men were equal. I now know that's the most unlikely thing ever to have been, because millions of years have passed over evolution, people have scattered across the face of this earth, been isolated from each other, developed independently, had different intermixtures between races, peoples, climates, soils... I didn't start off with that knowledge. But by observation, reading, watching, arguing, asking, that is the conclusion I've come to.
Lee Kuan Yew
On the contrary, it's because somebody knows something about it that we can't talk about physics. It's the things that nobody knows anything about that we can discuss. We can talk about the weather; we can talk about social problems; we can talk about psychology; we can talk about international finance - gold transfers we can't talk about, because those are understood - so it's the subject that nobody knows anything about that we can all talk about!
Richard Feynman
Ambitious men spend their youth in rendering themselves worthy of patronage; it is their great mistake. While the foolish creatures are laying in stores of knowledge and energy, so that they shall not sink under the weight of responsible posts that recede from them, schemers come and go who are wealthy in words and destitute of ideas, astonish the ignorant, and creep into the confidence of those who have a little knowledge.
Honoré de Balzac
Music, also, the architect ought to understand so that he may have knowledge of the canonical and mathematical theory, and besides be able to tune ballistae, catapultae, and scorpiones to the proper key. For to the right and left in the beams are the holes in the frames through which the strings of twisted sinew are stretched by means of windlasses and bars, and these strings must not be clamped and made fast until they give the same correct note to the ear of the skilled workman.
Vitruvius