In many spheres of human endeavor, from science to business to education to economic policy, good decisions depend on good measurement.
Ben BernankeRead
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.
Interpretation
Failure is a necessary experience for personal growth and learning.
This quote emphasizes the inevitability of failure in life and the importance of embracing it as a vital part of the learning process. Ben Bernanke suggests that one must actively engage in challenges and take risks, as these experiences lead to growth and learning; a clean uniform symbolizes a lack of participation and effort.
In practice
In a motivational speech about resilience and perseverance.
In many spheres of human endeavor, from science to business to education to economic policy, good decisions depend on good measurement.
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.
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.
We say no to a lot of things so we can invest an incredible amount of care on what we do.
When we make mistakes, we can use the process of NVC mourning and self-forgiveness to show us where we can grow instead of getting caught up in moralistic self-judgments.
When you take risks you learn that there will be times when you succeed and there will be times when you fail, and both are equally important. It's hard to understand failure when you're going through it, but in the grand scheme of things it's good to fall down - not because you're drunk and not near stairs.
People ask me about what sacrifices I've made. I always answer: I've made no sacrifices, I've made choices.
Sweet Mercy! to the gates of heaven This minstrel lead, his sins forgiven; The rueful conflict, the heart riven With vain endeavour, And memory of Earth's bitter leaven Effaced forever.
Meditation means a state of unconditioned mind. Meditation is the process of undoing the harm that every society goes on doing to every individual - communist or Catholic, Jaina or Jew, it does not matter. I am not talking about any particular conditioning that is wrong; I am saying conditioning AS SUCH is wrong.
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