Quotes About Trade-offs

Government can't give us anything without depriving us of something else.

There are always great dangers in letting the best be the enemy of the good.

Sometimes there are no good choices for government.

I've always believed happiness is overrated, you know? It's those difficult times that inform the next wonderful time, and it's a series of trade-offs, of events, of wins and losses.

All abilities are paid for with disabilities. perfect health may entail the heavy toll of bovine stupidity. insight into one area involves blind spots in another.

Keep in mind that you are always saying "no" to something. If it isn't to the apparent and urgent things in your life, it is probably to the most fundamental, highly important things.

Mientras haya clientes a los que les encante lo que hacemos, estamos dispuestos a perder otros. Esta es nuestra raya en la arena.

The important thing is that everyone—or at least a sizable group—feels those trade-offs together. Otherwise, it's too easy just to focus on the negatives. When everyone else is still at the office, how

Obviously, there were ways to have made a lot more money and to have had more leisure. But I wouldn't choose that. I feel rich in ways that are unique and that I would never trade for tens of millions of dollars in the bank.

People don't like it, but inevitably we need to think about both the costs and the benefits of health care. We cannot avoid the financial consequences.

Do we really want to continue to push out the envelope of survival only to see other things crop up that we may not like?

Fiscal policy will need to manage trade-offs between supporting demand, protecting social spending, and ensuring that public debt remains on a sustainable path, with the optimal mix depending on country-specific circumstances.

Giving more to women will, to some extent, come at the expense of men. People sometimes try to sweep that under the rug by saying you will create so much additional resources that everyone will be better off. I don't think that's true.

In economics (and in ordinary life), a basic principle is that you can never be made worse off by having more options, because you can always turn them down. Before Thaler removed the nuts the group had the choice of whether to eat the nuts or not—now they didn't. In the land of Econs, it is against the law to be happy about this!

In complex situations, the Just Maximize Choices mantra is not enough to create good policy.

But what if you discover that the price of purpose is to render invisible so many other things?

We might as reasonably dispute whether it is the upper or the under blade of a pair of scissors that cuts a piece of paper, as whether value is governed by utility or cost of production.

Everything has an opportunity cost, and the big things we want in life - like happiness and healthy relationships and wealth - they all have big opportunity costs.

Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.

TABLE 5-4 Comparison of fax and alternatives The point of understanding the NCO is that it can clarify what attributes you assume will attract customers and what kinds of trade-offs these same customers will make.

Once the true relationship between inflation and unemployment is understood, with luck and skill, a free lunch is possible.

Archaic humans paid for their large brains in two ways. Firstly, they spent more time in search of food. Secondly, their muscles atrophied. Like a government diverting money from defence to education, humans diverted energy from biceps to neurons. It's hardly a foregone conclusion that this is a good strategy for survival on the savannah. A chimpanzee can't win an argument with a Homo sapiens, but the ape can rip the man apart like a rag doll.

Code should run as fast as necessary, but no faster; something important is always traded away to increase speed.

He aprendido que eres tú quien forja tu propia felicidad, que una parte de ir a por lo que quieres significa perder otras cosas. Y cuando las apuestas son altas, las pérdidas también pueden ser igualmente altas.