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In many spheres of human endeavor, from science to business to education to economic policy, good decisions depend on good measurement.
Ben Bernanke
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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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