"A people’s intelligence and moral strength—the higher these are, the lower will be the rate of interest. This is why the rate of interest mirrors the cultural level of a nation …"
-Joseph A. Schumpeter, Ten Great Economists (1952)
There is just something about seeing photos of math or economics books paired with coffee, tea, and some snacks that gives me a sudden boost of motivation, somehow...
Thanks for showing up on my timeline, and I hope to keep seeing more of this!
Ini juga kenapa menurut gue ekonom makro harus hati-hati dalam mengkritik data makroekonomi dari BPS. Buktinya harus kuat. Gabisa hanya melihat anomali dari satu variabel kemudian menyimpulkan ada penipuan.
Lah emang bener.
Masalahnya kan di medsos indo banyak yg walau ngomongin aset saham yg dipegang mereka individual aja masih gagap, tapi demi monet cenblue ngomong fafifu & goreng isu soal inverted yield curve & term structure of interest rates.
Nih dikutip lagi utk kesekian kali:
"Stocks are stories, bonds are mathematics." (David Leinweber in "How I Became a Quant", Lindsey & Schachter (ed.), 2011)