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.
Ben BernankeRead
In many spheres of human endeavor, from science to business to education to economic policy, good decisions depend on good measurement.
Interpretation
What this quote means
Good decisions rely on accurate and effective measurement in various fields.
Ben Bernanke's quote emphasizes the importance of measurement as a foundation for making sound decisions across various human activities, including science, business, education, and economic policy. It suggests that without proper measurement, the quality and effectiveness of decisions might diminish, leading to potentially flawed outcomes.
Themes
DecisionsMeasurementBusinessScienceEducationPolicy
In practice
Example use cases
A business leader discussing the importance of analytical tools in strategic planning.
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Income inequality is troubling because, among other things, it means that many people in our society don't have the opportunities to advance themselves.
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