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“Determinants of prices have their effect only through the medium of the subjective estimates of individuals”
and the extent to which any given factor influences these subjective estimates can never be predicted.“I once read that if the folds in the cerebral cortex were smoothed out it would cover a card table. That seemed quite unbelievable but it did make me wonder just how big the cortex would be if you ironed it out. I thought it might just about cover a family-sized pizza: not bad, but no card-table. I was astonished to realize that nobody seems to know the answer. A quick search yielded the following estimates for the smoothed out dimensions of the cerebral cortex of the human brain.An article in Bioscience in November 1987 by Julie Ann Miller claimed the cortex was a "quarter-metre square." That is napkin-sized, about ten inches by ten inches. Scientific American magazine in September 1992 upped the ante considerably with an estimated of 1 1/2 square metres; thats a square of brain forty inches on each side, getting close to the card-table estimate. A psychologist at the University of Toronto figured it would cover the floor of his living room (I haven't seen his living room), but the prize winning estimate so far is from the British magazine New Scientist's poster of the brain published in 1993 which claimed that the cerebral cortex, if flattened out, would cover a tennis court. How can there be such disagreement? How can so many experts not know how big the cortex is? I don't know, but I'm on the hunt for an expert who will say the cortex, when fully spread out, will cover a football field. A Canadian football field.”
Jay Ingram, Burning House“We need a bigger estimation of God and a smaller estimation of sin.”
Judah Smith, Jesus Is: Find a New Way to Be Human“Technical staff were fairly good at estimation but were poor at defending their estimates”
Philip Metzger“And when is there time to remember, to sift, to weigh, to estimate, to total?”
Tillie Olsen“Who underestimates is buried in the optimism of the deads. (Qui sous-estime s'enterre - Dans l'optimisme des morts.)”
Charles de Leusse“Your outlook upon life, your estimate of yourself, your estimate of your value are largely colored by your environment. Your whole career will be modified, shaped, molded by your surroundings, by the character of the people whom you come in contact everyday.”
Orison Swett Marden“Most of us form estimates of our intelligence, wisdom, and moral fiber that are considerably higher than an objective estimate would warrant; no doubt 90 percent of us think ourselves well above average along these lines.”
Alvin Plantinga, Warranted Christian Belief