“The problem is not that this optimistic view is wrong. By economic accounting, the optimistic view is mostly right.”

—  Didier Sornette

Source: Why Stock Markets Crash - Critical Events in Complex Systems (2003), Chapter 10, 2050: The End Of The Growth Era?, p. 390.

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "The problem is not that this optimistic view is wrong. By economic accounting, the optimistic view is mostly right." by Didier Sornette?
Didier Sornette photo
Didier Sornette 27
French scientist 1957

Related quotes

Daniel Abraham photo

“Just once I’d like to be rewarded for my optimistic view of humanity.”

Daniel Abraham (1969) speculative fiction writer from the United States

Source: Nemesis Games (2015), Chapter 1 (p. 18)

Elon Musk photo

“I'd rather be optimistic and wrong; than pessimistic and right.”

Elon Musk (1971) South African-born American entrepreneur

Source: Elon Musk Quotes https://quotepico.com/quotes?author=elon-musk

Mary Elizabeth Winstead photo

“My hope and my optimistic point of view is that ultimately people will always need that human element.”

Mary Elizabeth Winstead (1984) American actress and singer

"‘Gemini Man’ Star Mary Elizabeth Winstead on Why Technology Won’t Make Actors Obsolete" in Wrap Pro (9 October 2019) https://www.thewrap.com/gemini-man-star-mary-elizabeth-winstead-on-why-technology-wont-make-actors-obsolete-video/

Mwanandeke Kindembo photo

“: According to different points of view. To the pessimist: Enemies are everywhere, waiting to ambush you. For the optimist: friends are everywhere, waiting to embrace you.”

Mwanandeke Kindembo (1996) Congolese author
Liu Cixin photo

“As to the future of humanity, I’m essentially an optimist. I believe that with the advancement of technology, mankind has a hopeful future. But this optimistic view is based on reason: on one hand, whether the future will be bright or be dark depends largely on the choices we make today.”

Liu Cixin (1963) Chinese science fiction writer

On his hopes for mankind in “In the Author’s Universe: Interview with Sci-Fi Author Cixin Liu” https://vocal.media/futurism/in-the-authors-universe-interview-with-sci-fi-author-cixin-liu in Vocal (2016)

Randolph Bourne photo

“Our elders are always optimistic in their views of the present, pessimistic in their views of the future; youth is pessimistic toward the present and gloriously hopeful for the future. And it is this hope which is the lever of progress—one might say, the only lever of progress.”

Randolph Bourne (1886–1918) American writer

Page 438 https://books.google.com/books?id=-F8wAQAAMAAJ&pg=PA438. Quote republished in " Left and Right: The Prospects for Liberty http://alexpeak.com/twr/lar/1/1/2/," Left and Right: A Journal of Libertarian Thought 1, no. 1 (Spring, 1965), p. <span class="plainlinks"> 22 http://alexpeak.com/twr/lar/1/1/2/#p22</span>.
"Youth" (1912), II

David H. Levy photo

“To the optimist, pessimists are neurotic; to the pessimist, optimists are deluded.”

David H. Levy (1948) Canadian astronomer

Humor in Psychotherapy (2007)

Albert Einstein photo

“I'd rather be an optimist and a fool than a pessimist and right.”

Albert Einstein (1879–1955) German-born physicist and founder of the theory of relativity
John Perry Barlow photo

“It’s a perfect set of circumstances to give us the time Yeats foretold, with the best having lost all conviction and the worst full of passionate intensity. I’m an optimist. In order to be libertarian, you have to be an optimist. You have to have a benign view of human nature, to believe that human beings left to their own devices are basically good.”

John Perry Barlow (1947–2018) American poet and essayist

John Perry Barlow 2.0 (2004)
Context: It’s a perfect set of circumstances to give us the time Yeats foretold, with the best having lost all conviction and the worst full of passionate intensity. I’m an optimist. In order to be libertarian, you have to be an optimist. You have to have a benign view of human nature, to believe that human beings left to their own devices are basically good. But I’m not so sure about human institutions, and I think the real point of argument here is whether or not large corporations are human institutions or some other entity we need to be thinking about curtailing. Most libertarians are worried about government but not worried about business. I think we need to be worrying about business in exactly the same way we are worrying about government.

Emil M. Cioran photo

“Only optimists commit suicide, the optimists who can no longer be... optimists. The others, having no reason to live, why should they have any to die?”

Emil M. Cioran (1911–1995) Romanian philosopher and essayist

All Gall Is Divided (1952)

Related topics