Absolute Risk Aversion

Famous quotes containing the words absolute, risk and/or aversion:

    It is in the nature of allegory, as opposed to symbolism, to beg the question of absolute reality. The allegorist avails himself of a formal correspondence between “ideas” and “things,” both of which he assumes as given; he need not inquire whether either sphere is “real” or whether, in the final analysis, reality consists in their interaction.
    Charles, Jr. Feidelson, U.S. educator, critic. Symbolism and American Literature, ch. 1, University of Chicago Press (1953)

    The effect of liberty to individuals is that they may do what they please: we ought to see what it will please them to do, before we risk congratulations.
    Edmund Burke (1729–1797)

    Quintilian [educational writer in Rome around A.D. 100] thought that the earliest years of the child’s life were crucial. Education should start earlier than age seven, within the family. It should not be so hard as to give the child an aversion to learning. Rather, these early lessons would take the form of play—that embryonic notion of kindergarten.
    C. John Sommerville (20th century)