Charles Wheelan Quotes
Top 25 wise famous quotes and sayings by Charles Wheelan
Charles Wheelan Famous Quotes & Sayings
Discover top inspirational quotes from Charles Wheelan on Wise Famous Quotes.
Technology displaces workers in the short run but does not lead to mass unemployment in the long run.
Our ability to analyze data has grown far more sophisticated than our thinking about what we ought to do with the results. You
what economic benefit smokers provide for nonsmokers (they die earlier, leaving more Social Security and pension benefits for the rest of us),
The real cost of something is what you must give up in order to get it, which is almost always more than just cash.
Read obituaries. They are just like biographies, only shorter. They remind us that interesting, successful people rarely lead orderly, linear lives.
A market economy is to economics what democracy is to government: a decent, if flawed, choice among many bad alternatives.
So it is with statistics; no amount of fancy analysis can make up for fundamentally flawed data. Hence the expression garbage in, garbage out.
During the twentieth century, communist governments killed some 100 million of their own people in peacetime, either by repression or by famine.
Statistics is like a high-caliber weapon: helpful when used correctly and potentially disastrous in the wrong hands.
The democratic process will always favor small, well-organized groups at the expense of large, diffuse groups.
Recognize that your own motivation, ambition, and talents will determine your success more than the college name on your diploma."8
Families who live in public housing on the South Side of Chicago are not poor because Bill Gates lives in a big house.
(As a rule of thumb, the sample size must be at least 30 for the central limit theorem to hold true.) This