Relative Risk Aversion

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

    To revolt is a natural tendency of life. Even a worm turns against the foot that crushes it. In general, the vitality and relative dignity of an animal can be measured by the intensity of its instinct to revolt.
    Mikhail Bakunin (1814–1876)

    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)

    Our books are false by being fragmentary: their sentences are bon mots, and not parts of natural discourse; childish expressions of surprise or pleasure in nature; or, worse, owing a brief notoriety to their petulance, or aversion from the order of nature,—being some curiosity or oddity, designedly not in harmony with nature, and purposely framed to excite surprise, as jugglers do by concealing their means.
    Ralph Waldo Emerson (1803–1882)