Quotes About Costs And Benefits

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Quotes About Costs And Benefits

Given our inevitably incomplete knowledge about key structural aspects of an everchanging economy and the sometimes asymmetric costs or benefits of particular outcomes, a central bank needs to consider not only the most likely future path for the economy but also the distribution of possible outcomes about that path. The decision makers then need to reach judgment about the probabilities, costs and benefits of the various possible outcomes under alternative choices for policy.
— Alan Greenspan —

A final irony has to do with the idea of political responsibility. Christians are urged to vote and become involved in politics as an expression of their civic duty and public responsibility. This is a credible argument and good advice up to a point. Yet in our day, given the size of the state and the expectations that people place on it to solve so many problems, politics can also be a way of saying, in effect, that the problems should be solved by others besides myself and by institutions other than the church. It is, after all, much easier to vote for a politician who champions child welfare than to adopt a baby born in poverty, to vote for a referendum that would expand health care benefits for seniors than to care for an elderly and infirmed parent, and to rally for racial harmony than to get to know someone of a different race than yours. True responsibility invariably costs. Political participation, then, can and often does amount to an avoidance of responsibility.

— James Davison Hunter

Foreign policy is a matter of costs and benefits, not theology.

— Fareed Zakaria

A general "law of least effort" applies to cognitive as well as physical
exertion. The law asserts that if there are several ways of achieving the
same goal, people will eventually gravitate to the least demanding course
of action. In the economy of action, effort is a cost, and the acquisition of
skill is driven by the balance of benefits and costs. Laziness is built deep into our nature.

— Daniel Kahneman

By standing still, we're making the things we don't like about Obamacare even worse, forcing Missourians to bear all the costs of this law - and reap none of the benefits.

— Jay Nixon

Isn't it ironic that pay, perks, and benefits all cost your company at the bottom line, but authentic recognition, especially when it's most unexpected, costs very little and gives the most impressive return on investment?

— Chip Conley

Desert Storm II would be in a walk in the park ... The case for 'regime change' boils down to the huge benefits and modest costs of liberating Iraq.

— Kenneth Adelman

We desperately need to recognize that we are the guests not the masters of nature and adopt a new paradigm for development, based on the costs and benefits to all people, and bound by the limits of nature herself rather than the limits of technology and consumerism.

— Mikhail Gorbachev

We know the costs of Europe. What are the benefits?

— Nigel Farage

To hold silence and to be silenced are two very different experiences. And so another theme emerges, that of light and shadow. When we share our voice, who benefits? When we withhold, who benefits? And what are the consequences and costs of both?

— Terry Tempest Williams

In Europe and America alike, voters increasingly recognize that the benefits of the green revolution aren't worth the costs, particularly when the revolutionaries don't have a clue what they're doing.

— Jonah Goldberg

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