"First, I think the science of monetary economics has clearly gotten better." ― Martin Feldstein Topic(s): Change More From Martin Feldstein "A second reason why science cannot replace judgement is the behavior of financial markets." "Increased government spending can provide a temporary stimulus to demand and output but in the longer run higher levels of government spending crowd out private investment or require higher taxes that weaken growth by reducing incentives to save, invest, innovate, and work." "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." More In Change "You gotta be able to change worlds."― Courtney Love "It is important to fund young researchers who want to do curiosity-driven research. Curiosity-driven research is a part of life. Some people are curious. They want to learn more about nature and society should help that. It’s like art: you can learn more and bring more beauty."― Serge Haroche "It’s good to shut up sometimes."― Marcel Marceau