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Myron Scholes
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I think in our global economy, uncertainty is ever increasing. So to accommodate to that, we need to build a dynamic economy and dynamic rules that can adapt to changing circumstances.
- Myron Scholes
#Adapt
#Circumstances
#Rules
#Uncertainty
Every side of a coin has another side.
- Myron Scholes
#Another
#Coin
#Every
#Side
A futures contract is a derivative, but the futures exchange doesn't call them 'derivatives,' they call them 'futures.'
- Myron Scholes
#Call
#Contract
#Derivatives
#Exchange
Tax incentives might spur hiring in the short run, but how lasting are those gains if the jobs expire with the tax credits and they come at the expense of investing in the new technologies of the future?
- Myron Scholes
#Come
#Future
#How
#New
#Short
Building a road might create temporary jobs, but does it really create wealth if it doesn't also shorten commute times or otherwise make society better off?
- Myron Scholes
#Better
#Building
#Road
#Society
#Wealth
Sometimes the early bird gets the worm, but sometimes the early bird gets frozen to death.
- Myron Scholes
#Bird
#Death
#Early Bird
#Sometimes
#Worm
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