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.
No race can prosper till it learns that there is as much dignity in tilling a field as in writing a poem.
The tools which would teach men their own use would be beyond price.
Mathematics consists in proving the most obvious thing in the least obvious way.
It's a good idea to revitalize community colleges, to cut back, to modify the student loan program so it doesn't go through banks.
If then a practical end must be assigned to a University course, I say it is that of training good members of society... It is the education which gives a man a clear, conscious view of their own opinions and judgements, a truth in developing them, an eloquence in expressing them, and a force in urging them. It teaches him to see things as they are, to go right to the point, to disentangle a skein of thought to detect what is sophistical and to discard what is irrelevant.
An instructor should exemplify the things he seeks to teach. It will be of great advantage if you yourself can do all you ask of your students and more.
Subscribe for the occasional hand-picked quote. No noise.