Quote by Martin Feldstein

And finally, no matter how good the science gets, there are problems that inevitably depend on judgement, on art, on a feel for financial markets.


And finally, no matter how good the science gets, there are

Summary

This quote highlights the limitations of science in certain domains, specifically in relation to financial markets. It emphasizes that while science may offer valuable insights and advancements, there will always be areas that require judgment, artistry, and an intuitive understanding of market dynamics. In these situations, objective analysis and data-driven approaches may not be sufficient, and subjective interpretation and intuition become crucial. Thus, the quote acknowledges the importance of a balanced perspective that combines scientific principles with a touch of creativity and intuition in navigating complex financial landscapes.

Topics

Science
By Martin Feldstein
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