#measurement

Balance the federal budget now, not 15 years from now, not 20 years from now, but now. And throw out the entire federal tax system, replace it with a fair tax, a consumption tax, that by all measurements is just that. It's fair. ↗

— Gary Johnson

#budget #consumption #entire #fair #federal

There are two possible outcomes: if the result confirms the hypothesis, then you've made a measurement. If the result is contrary to the hypothesis, then you've made a discovery. ↗

— Enrico Fermi

#contrary #discovery #hypothesis #made #measurement

Science uses the Red Shift to measure deep cosmic distances. But how to measure deep historic time? How about—the Saffron Shift. If history itself had a color, it is . . . like wood or bark, or living forest floor. Assigning hues to time periods, the sum total of history is saffron-brown—but the chromatic arc starts from blinding white (prehistory) to sun-yellow (Ancient Greece), then deepening to pale wood tones (Dark Ages) and finally exploding like an infinite chord into a full brown palette that includes mahoganies, siennas (Middle Ages), oak, sandalwood (the Renaissance), cherry, maple (Age of Reason), and near-black old woods (Industrial Revolution) for which there may not be names. As time approaches our own, the wood-brown palette fades to a weird glassy colorlessness, goes black-and-white for a brief span as you think of photographs of your grandparents, and then again fades until we get a clear medium that is the color of the world. And the present moment is perfectly transparent. It's only as you start looking into the future, that the colors start returning. The glass is turning silvery with a murky haze, and there is blue somewhere in the distance . . . ↗

— Vera Nazarian

#measurement #red-shift #saffron-shift #time-deep-time #age

People think the free market is a philosophy, they think that it is a creed. It is none of those things. Free market is a bathroom scale, it is a measuring tape, it's simply a measurement. ↗

— P. J. O'Rourke

#creed #free #free market #market #measurement

A painstaking course in qualitative and quantitative analysis by John Wing gave me an appreciation of the need for, and beauty of, accurate measurement. ↗

— Paul D. Boyer

#analysis #appreciation #beauty #course #gave

I don't think about financial success as the measurement of my success. ↗

— Christie Hefner

#about #financial #i #measurement #success

One important measurement issue concerns the fat tails problem that I mentioned earlier. VAR is concerned with extreme outcomes. If the tails of the probability distributions we are using are too thin, our VAR measures are likely to be too low. ↗

— John Hull

#concerns #earlier #extreme #fat #i

There are challenges in terms of the measurement of VAR for what are known as nonlinear derivatives, where things like gamma and vega are important dimensions of the risk. ↗

— John Hull

#derivatives #dimensions #gamma #important #known

Measurements of the specific ionization of both the positive and negative particles, by counting the number of droplets per unit length along the tracks, showed the great majority of both the positive and negative particles to possess unit electric charge. ↗

— Carl D. Anderson

#both #charge #counting #electric #great

Canadians can easily 'pass for American' as long as we don't accidentally use metric measurements or apologize when hit by a car. ↗

— Doug Coupland

#american #apologize #canadians #car #easily