Walter Reuther? Henry Ford II? Apocryphal? Dear Quote Investigator: An article on the Economist website recently told an extraordinary anecdote about automation. The rivals in the tale were two titans in the world of automobile manufacturing who took a tour of a newly built and highly-automated factory. The forceful executive, Henry Ford II, and the …
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The Fable of the Lion and the Gazelle
Thomas Friedman? Dan Montano? Arthur M. Blank? Sue Tabor? Herb Caen? Christopher McDougall? Roger Bannister? Anonymous? Dear Quote Investigator: Last year I saw a motivational poster with a portrait of a lion. The text was a fable about lions and gazelles, and the title was something like the “The Key to Survival.” Paraphrasing: To survive …
When the Facts Change, I Change My Mind. What Do You Do, Sir?
John Maynard Keynes? Paul Samuelson? Winston Churchill? Joan Robinson? Apocryphal? Dear Quote Investigator: John Maynard Keynes was an enormously influential economist, but some of his detractors complained that the opinions he expressed tended to change over the years. Once during a high-profile government hearing a critic accused him of being inconsistent, and Keynes reportedly answered …
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Look Around the Poker Table; If You Can’t See the Sucker, You’re It
Warren Buffett? Michael Wolff? Amarillo Slim? Poker Proverb? Whispering Saul? Dear Quote Investigator: There is a quotation I have seen in several books and periodicals aimed at investors. Here is one version: If you have been in a poker game for a while, and you still don’t know who the patsy is, you’re the patsy. …
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Progress May Have Been All Right Once, But It Went On Too Long
Ogden Nash? Anonymous? Dear Quote Investigator: Jeopardy is my favorite game show, and I recently watched in amazement as an IBM computer named Watson beat the two best human players in the history of the trivia tournament. I was reminded of the classic one-line observation made by the brilliantly humorous poet Ogden Nash: Progress might …
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Combining the Mount Wilson and Mount Palomar Telescopes Still Won’t Be Enough
George S. Kaufman? Eddie Fisher? Clifton Fadiman? Dick Cavett? Dear Quote Investigator: Many, many years ago I saw an old clip on TV of George S. Kaufman and he was replying to a question submitted by a listener/viewer/audience member. For the sake of example let’s say it was a woman complaining about her husband’s smoking …
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To Err is Human; To Really Foul Things Up Requires a Computer
Paul Ehrlich? Alexander Pope? Senator Soaper? Bill Vaughan? Agatha Christie? Anonymous? Dear Quote Investigator: I am reading your blog and that shows I am not a Luddite, but computers can be very exasperating. One of my favorite quotations on this topic is the following: To err is human, but to really foul things up you …
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I Take the Punch Bowl Away Just When the Party is Getting Good
Arthur F. Burns? William McChesney Martin? G. William Miller? Paul A. Volcker? Dear Quote Investigator: The U.S. economy has experienced two large bubbles in recent years in technology stocks and in real estate. These gyrations in the market reminded me of an old comment from a previous director of the Federal Reserve. He said his …
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I Do Not Want to Predict the Future. I Want to Prevent It
Frank Herbert? Ray Bradbury? Theodore Sturgeon? Fred Pohl? Dear Quote Investigator: I once read an interview with a science fiction writer in which he was asked about predicting the future. The interviewer was disappointed that some of the technological developments heralded in science fiction never seemed to actually happen. The response from the author was …
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Legal Advice: Pound the Facts, Pound the Law, Pound the Table
Carl Sandburg? Alan Dershowitz? Jerome Michael? Jacob J. Rosenblum? Oliver Wendell Holmes? Anonymous? Dear Quote Investigator: A few years ago I saw a famous quotation about legal strategy attributed to a celebrity professor:[1] 2007 March 4, Fort Worth Star-Telegram, Pounding the Table About Border Episode by Ruben Navarrette Jr., Page E3, Section: Weekly Review, Fort …
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