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.
Be ruthless about protecting writing days, i.e., do not cave in to endless requests to have "essential" and "long overdue" meetings on those days.
Learning is any change in a system that produces a more or less permanent change in its capacity for adapting to its environment.
Reading can take you places you have never been before.
Early in my teaching days, the kids asked me the meaning of a poem. I replied, 'I don't know any more than you do. I have ideas. What are your ideas?' I realized then that we're all in the same boat. What does anybody know?
You don't have to burn books to destroy a culture. Just get people to stop reading them.
If the Negroes are to remain forever removed from the producing atmosphere, and the present discrimination continues, there will be nothing left for them to do.
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