Approximation Quotes

Personally, I don't see old economics and behavioural economics as opposed. It is useful to assume people are rational as a good approximation to their long term behaviour, but it would be unwise not to think how in practice their behaviour may deviate from that simplifying assumption.

The result of this union would be, not the fortuitous result of a series of approximations and concessions, but the harmonious synthesis of two aspects of a single thought.

I tell students, 'If you are learning from YouTube I almost don't want to teach you because what you learn from YouTube it takes 10 times as long to unlearn.' They do an approximation of the centre of the note, an approximation of the interpretation, a cloned version.

Like books you will never have the chance to read, there are languages you do not know, and you're not going to get a chance to learn, so you'll never really know what was written, only the approximation.

Anyone who wants to look at sunlight naturally wipes his eye clear first, in order to make, at any rate, some approximation to the purity of that on which he looks; and a person wishing to see a city or country goes to the place in order to do so.