Friday, January 21, 2005

Quote of the Day

I must be mad, still being awake at this time. My biological clock is utterly screwed after the holidays. It's gonna be one hell of a battle to turn it back.

Anyway was flipping through my Economic Growth textbook when I came across the following quote:

All theory depends on assumptions which are not quite true. That is what makes it theory. The art of successful theorizing is to make the inevitable simplifying assumptions in such a way that the final results are not very sensitive. (Robert Solow 1956, p. 65)

At first glance, it seems like a rather pathetic way to justify the existence of economic theories. A lot of major economic theories were only formulated after major events and when they fail, new theories spring up and manage to explain until yet another strange phenomena spring up. But when you think more deeply, there really is nothing more that theory can do except for what Solow had said. In the real world, there are too many variables. We will never get down to analysing or learning anything if we get lost in the sea of details and fail to get the big picture. Theory makes simplifying assumptions and help us to predict and look at the big picture. It is not always foolproof but at least it is better than grappling in the dark or lamenting the LPPL situations. I really do like the subject of economic growth, hopefully it can restore my confidence in the subject of economics.

Then I went shopping for birthday cards with a few people when I came across the following quote on one of the cards:

Love at first sight is understandable; it is only when 2 people are looking at each other their whole lives that it becomes a miracle.

So simple, but yet so thought provoking. Love at first sight is indeed very easy to happen. Perhaps not love, but just a liking. As long as the other person is quite all right looking, it is possible. But what is the probability of finding someone whom you can talk to for your whole life without feeling bored? And then what is the probability of finding someone who can also talk to you for your whole life without feeling bored? I don't know, seems very low to me. So to find one is indeed a miracle which is much more wonderful than "love at first sight".

Anyway I got deducted 28.84 pounds and 25.75 pounds by Man United in the past week for tickets. I have 3 applications in currently, for Milan, Portsmouth, Middlesbrough. Can all those reading these please help me pray that I get the Milan ticket? Prayers very much appreciated.

Final thought:
Have you ever had a situation when you finally have something which you had very much wanted previously and then thought that actually that is not what you had really wanted after all? Is it that priorities and wishes change? Or is it a case of limitless desires?

2 comments:

mimi said...

hmm... i think it's a shift in priorities. people change, i suppose. either directly (internally) or indirectly (being conditioned by circumstances...) oh well, unless someone can look very far ahead and decide once n for all what he/she wants at the end of his/her life...

TosH said...

Heh mind telling me who are you? :)