1830s, Illinois House Journal (1837)
“Forecasting by bureaucrats tends to be used for anxiety relief rather than for adequate policy making.”
Source: The Black Swan: The Impact of the Highly Improbable (2007), p. 162
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Nassim Nicholas Taleb 196
Lebanese-American essayist, scholar, statistician, former t… 1960Related quotes
“Anxiety destroys scale, and suffering makes us lose perspective.”
"The Sealed Treasure" (1960), p. 62
It All Adds Up (1994)
Interview with Richard Heffner on The Open Mind (7 December 1975)
Speech in the House of Commons (7 November 1973) http://hansard.millbanksystems.com/commons/1973/nov/07/price-and-pay-code
1970s
The Aquarian Conspiracy (1980), Chapter Three, Brains Changing, Minds Changing
“The only function of economic forecasting is to make astrology look respectable.”
Though often attributed to Galbraith, as early as 1988 in U.S. News & World Report, the earliest publications of this statement, in The Bulletin (1984) and Reader's Digest (1985) attributes it to Ezra Solomon.
Misattributed