In many spheres of human endeavor, from science to business to education to economic policy, good decisions depend on good measurement.
Ben BernankeRead
Education - lifelong education for everyone - from toddlers to workers well advanced in their careers - is indeed an excellent investment for individuals and society as a whole.
Interpretation
Education is a valuable investment for all members of society, regardless of age or career stage.
In this quote, Ben Bernanke emphasizes the importance of lifelong education for individuals and society. He argues that investing in education benefits everyone, from young children to experienced professionals, ultimately contributing to the overall advancement and improvement of society as a whole.
In practice
This quote can be used during a graduation speech to highlight the importance of continuous learning.
In many spheres of human endeavor, from science to business to education to economic policy, good decisions depend on good measurement.
Nobody likes to fail but failure is an essential part of life and of learning. If your uniform isn't dirty, you haven't been in the game.
Life is amazingly unpredictable; any 22-year-old who thinks they know where they will be in 10 years, much less in 30, is simply lacking imagination.
The benefit of appointing a hawkish central banker is the increased inflation-fighting credibility that such an appointment brings.
Economics is a highly sophisticated field of thought that is superb at explaining to policymakers precisely why the choices they made in the past were wrong. About the future, not so much.
Income inequality is troubling because, among other things, it means that many people in our society don't have the opportunities to advance themselves.
She has spent most of the day reading and is feeling rather out of touch with reality, as if her own life has become insubstantial in the face of the fiction she's been absorbed in.
I can find in my undergraduate classes, bright students who do not know that the stars rise and set at night, or even that the Sun is a star.
If you're going to binge, literature is definitely the way to do it.
Children are wonderfully confident in their own imaginations. Most of us lose this confidence as we grow up.
We mistake being able to get lots of information from everywhere very quickly with actually getting knowledge.
A library outranks any other one thing a community can do to benefit its people. It is a never failing spring in the desert.
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