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All models have faults - that doesnt mean you cant use them as tools for making decisions.
-Myron Scholes
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All Models Have Faults - That Doesnt

Myron Scholes
All models have faults - that doesnt mean you cant use them as tools for making decisions.
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Mean Decision Tools

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... where the greeks had modesty, we have cant; where they had poetry, we have cant; where they had patriotism, we have cant; where they had anything that exalts, delights, or adorns humanity, we have nothing but cant, cant, cant.
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Just take me with you. please. i cant. please, papa. i cant. i cant hold my son dead in my arms. i thought i could but i cant.
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We make tools for people. tools to create, tools to communicate. the age we're living in, these tools surprise you. ... that's why i love what we do. because we make these tools, and we're constantly surprised with what people do with them.
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Machinery is aggressive. the weaver becomes a web, the machinist a machine. if you do not use the tools, they use you. all tools are in one sense edge-tools, and dangerous.
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We wish we could have been there for you. we didn't have many role models of our own--we latched on to the foolish love of oscar wilde and the well-versed longing of walt whitman because nobody else was there to show us an untortured path. we were going to be your role models. we were going to give you art and music and confidence and shelter and a much better world. those who survived lived to do this. but we haven't been there for you. we've been here. watching as you become the role models.
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It's not the tools that you have faith in - tools are just tools. they work, or they don't work. it's people you have faith in or not. yeah, sure, i'm still optimistic i mean, i get pessimistic sometimes but not for long.
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I remember sitting in his office a hundred times during those grim months and each time thinking, what on earth can he say that will make me feel better or keep me alive? well, there never was anything he could say, that's the funny thing. it was all the stupid, desperately optimistic, condescending things he didn't say that kept me alive; all the compassion and wamrth i felt from him that could not have been said; all the intelligence, competence, and time he put into it; and his granite belief that mine was a life worth living.
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I don't think irony is about judgment; i think irony is something like, "oh, that's interesting," because it's not something i think one starts off to achieve. i think it's just something that presents itself. and if it does, i find it's usually optimistic, not negative in its terms.
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I try not to be too optimistic or pessimistic. if you're a pessimist then that's depressing all the time; if you're an optimist and things don't work out then that's depressing, too.
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