"Fear is not a good reason to make decisions."
Emily Oster's quote, "Fear is not a good reason to make decisions," emphasizes that fear should not be the primary driver when making important choices or decisions in life. Instead, it encourages individuals to approach situations with rationality, critical thinking, and accurate information, to ensure well-informed and sensible decision-making. Fear can often cloud judgment and lead to irrational actions, so it's essential to evaluate situations objectively and consider the potential risks and benefits before acting.
"Evidence isn't always perfect, but it's better than guessing."
This quote emphasizes the importance of evidence and data in making informed decisions over relying on mere speculation or assumptions. In other words, while evidence may not always be flawless, it provides a more reliable basis for understanding and navigating our world compared to unfounded guesses or intuition. It encourages us to seek knowledge, study facts, and use evidence in order to make wise choices and minimize uncertainty.
"The key to making informed decisions is understanding that no decision is risk-free."
Emily Oster's quote emphasizes that every decision we make, regardless of how carefully considered it may be, carries some level of inherent risk. This realization encourages us to approach decision-making with a mindset of informed understanding, acknowledging the potential risks involved while also seeking to minimize them as much as possible. It serves as a reminder that wisdom lies in understanding both the benefits and drawbacks of our choices, enabling us to make more thoughtful decisions overall.
"It's important to remember that every choice you make involves some level of risk."
This quote emphasizes that every decision, no matter how small or large, carries an inherent degree of risk. It underscores the importance of understanding and weighing potential risks when making choices, which can help individuals make informed decisions that best suit their needs and circumstances.
"Parenting is a complex job, and we can't always control the outcomes, but we can make informed choices about the risks we take."
This quote emphasizes that parenting involves making decisions amidst complexity, uncertainty, and sometimes uncontrollable circumstances. However, it also implies that parents have the power to educate themselves and make informed decisions based on an understanding of potential risks, rather than acting solely out of fear or ignorance. In essence, the quote encourages a proactive, well-informed approach to parenting.
Even though it is the case that poverty is linked to AIDS, in the sense that Africa is poor and they have a lot of AIDS, it's not necessarily the case that improving poverty - at least in the short run, that improving exports and improving development - it's not necessarily the case that that's going to lead to a decline in HIV prevalence.
- Emily Oster
How much is an hour of your time worth? It's worth whatever wage you would get if you spent that hour working. If you work for an hourly rate, this is an easy calculation. Even if you work for a salary and a fixed number of hours, the principle is the same: It's whatever your salary works out to per hour.
- Emily Oster
Economics works great for planning your life when you don't have a work passion, since we tend to assume that your job delivers only money and you trade off job hours with leisure hours. If you think your job will just be a job, pick one that pays well per hour and leaves you some time off, even if the activity of the job is boring.
- Emily Oster
Every time you have a carrot instead of a cookie, every time you go to the gym instead of going to the movies, that's a costly investment in your health. But how much you want to invest is going to depend on how much longer you expect to live in the future, even if you don't make those investments.
- Emily Oster
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