A second reason why science cannot replace judgement is the behavior of financial markets.
Martin Feldstein

After the First World War the economic problem was no longer one of production. It was the problem of finding markets to get the output of industry and agriculture dispersed and consumed.
John Boyd Orr

American future lies in the East. The great free markets of the Pacific Rim are the American destiny.
Donald Freed

And finally, no matter how good the science gets, there are problems that inevitably depend on judgement, on art, on a feel for financial markets.
Martin Feldstein

Any Ambassador or Foreign Service Officer who has his or her head screwed on right knows that the U.S. position in the world is far more dependent on our ability to compete in world markets.
Lawrence Eagleburger

As financial markets continue to broaden and deepen, the behavior of asset prices will play an important role in the formulation of monetary policy going forward, perhaps a more important role than in the past.
Timothy Geithner

As for now, we must not forget who would have to exchange the land? those villages which live more than others on irrigation, on orange and fruit plantations, in houses built near water wells and pumping stations, on livestock and property and easy access to markets.
Moshe Sharett

Because what's going on now, and this applies mostly to television stations in the largest markets too, but TV stations basically are now the primary receivers of campaign spending.
Robert McChesney

Business chief executive officers and their boards succumb to the pressures of the financial markets and their fears of takeovers and pour out their energies to produce quarterly earnings - at the expense of building their companies for the long term.
J. Irwin Miller

But I definitely see us playing a major role in St. Louis in the years to come. We already provide service to 95 percent of the markets St. Louis travelers visit the most. And we're adding capacity in some of the most important markets.
Gerard Arpey

But that's not enough: To maintain energy security, one needs a supply system that provides a buffer against shocks. It needs large, flexible markets. And it's important to acknowledge the fact that the entire energy supply chain needs to be protected.
Daniel Yergin

But we used to go to flea markets and things, and look for old 78 records that had silly song titles.
Neil Innes

But, when we started our product portfolio, we focused the mixed signal requirements first for image processing devices and then in audio applications , targeting our technology into the growing use of digital technology in consumer markets.
David Milne

China is crippling our manufacturing economy and eliminating our jobs by illegally flooding our markets.
Virginia Foxx

Commodities tend to zig when the equity markets zag.
Jim Rogers

Developed countries and advanced developing countries must open their markets for products from the developing world, and support in developing their export and import capacity.
Anna Lindh

During these two and a half years that have followed the war, the most urgent problem we have encountered was: to activate the public enterprises, to bring them up to the level that international markets demand and we are just now getting them prepared for privatization.
Ibrahim Rugova

Even if you have $20,000 to buy an item, you still try to get a good price at antique stores. I collect furniture, rugs, paintings, frames. It's my hobby to go around to shops and markets.
Ursula Andress

Every war results from the struggle for markets and spheres of influence, and every war is sold to the public by professional liars and totally sincere religious maniacs, as a Holy Crusade to save God and Goodness from Satan and Evil.
Robert Anton Wilson

Fear tends to manifest itself much more quickly than greed, so volatile markets tend to be on the downside. In up markets, volatility tends to gradually decline.
Philip Roth