Liberalism downplays certain ...
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All the great things are simple, and many can be expressed in a single word: freedom, justice, honor, duty, mercy, hope.
I know but one freedom and that is the freedom of the mind.
Antoine de Saint-Exupéry
Freedom is not worth having if it does not connote freedom to err.
The amount of happiness that you have depends on the amount of freedom you have in your heart.
Thích Nhất Hạnh
Without freedom of thought, there can be no such thing as wisdom - and no such thing as public liberty without freedom of speech.
Quotes from the same author
A major boom in real stock prices in the US after Black Tuesday brought them halfway back to 1929 levels by 1930. This was followed by a second crash, another boom from 1932 to 1937, and a third crash. Speculative bubbles do not end like a short story, novel, or play. There is no final denouement that brings all the strands of a narrative into an impressive final conclusion. In the real world, we never know when the story is over.
Robert J. Shiller
The ability to focus attention on important things is a defining characteristic of intelligence.
Robert J. Shiller
My father, Benjamin Shiller, told me not to believe in authorities or celebrities - that society tends to imagine them as superhuman. It's good advice. People are snowed by celebrities all the time. In academia people have this idea of achieving stardom - publishing in the best journals, being at the best university, writing on the hot topic everyone else is writing about. But that's what my father told me not to do. He taught me that you have to pursue things that sound right to you.
Robert J. Shiller
Stock prices are likely to be among the prices that are relatively vulnerable to purely social movements because there is no accepted theory by which to understand the worth of stocks....investors have no model or at best a very incomplete model of behavior of prices, dividend, or earnings, of speculative assets.
Robert J. Shiller
The good news is that, at least in economics, I've seen movement away from its overemphasis on mathematical models of purely rational behavior to a more eclectic and commonsense approach: research that is, among other things, more respectful of insights from psychology.
Robert J. Shiller
