Quotes4study

Central bank functions and operations are widely misunderstood, not only by the public in general but also by many financial and economic professionals. The Federal Reserve system operates in such a way that it makes no contribution whatever to the spread of ownership of productive assets among the population. Indeed, its policies have tended to concentrate economic power by restricting credit to those with an existing asset base and by maintaining an interest rate structure designed to reward speculation and discourage productive entrepreneurship. [“Fed Should Share the Wealth,” The Journal of Commerce , May 15, 1989.] Bailey, Dr. Norman A. The problem with monetary economists is that they don’t understand money. [1988.]

Bailey, Dr. Norman A. (consulting economist and former Special Assistant to President Ronald Reagan for International Economic Affairs).

I pay for the privilege of handing over to trained professionals responsibility not just for my experience but for my interpretation of that experience—i.e. my pleasure. My pleasure is for 7 nights and 6.5 days wisely and efficiently managed… just as promised in the cruise line’s advertising—nay, just as somehow already accomplished in the ads, with their 2nd-person imperatives, which make them not promises but predictions.

David Foster Wallace

Lucas is the source of many of the components of the legendarily reliable

British automotive electrical systems.  Professionals call the company "The

Prince of Darkness".  Of course, if Lucas were to design and manufacture

nuclear weapons, World War III would never get off the ground.  The British

don't like warm beer any more than the Americans do.  The British drink warm

beer because they have Lucas refrigerators.

Fortune Cookie

No group of professionals meets except to conspire against the public at large.

        -- Mark Twain

Fortune Cookie

David Letterman's "Things we can be proud of as Americans":

    * Greatest number of citizens who have actually boarded a UFO

    * Many newspapers feature "JUMBLE"

    * Hourly motel rates

    * Vast majority of Elvis movies made here

    * Didn't just give up right away during World War II

        like some countries we could mention

    * Goatees & Van Dykes thought to be worn only by weenies

    * Our well-behaved golf professionals</p>

    * Fabulous babes coast to coast

Fortune Cookie

Women professionals do tend to over-compensate.

        -- Dr. Elizabeth Dehaver, "Where No Man Has Gone Before",

           stardate 1312.9.

Fortune Cookie

    Now, you might ask, "How do I get one of those complete home tool

sets for under $4?" An excellent question.

    Go to one of those really cheap discount stores where they sell

plastic furniture in colors visible from the planet Neptune and where they

have a food section specializing in cardboard cartons full of Raisinets and

malted milk balls manufactured during the Nixon administration.  In either

the hardware or housewares department, you'll find an item imported from an

obscure Oriental country and described as "Nine Tools in One", consisting of

a little handle with interchangeable ends representing inscrutable Oriental

notions of tools that Americans might use around the home.  Buy it.

    This is the kind of tool set professionals use.  Not only is it

inexpensive, but it also has a great safety feature not found in the

so-called quality tools sets: The handle will actually break right off if

you accidentally hit yourself or anything else, or expose it to direct

sunlight.

        -- Dave Barry, "The Taming of the Screw"

Fortune Cookie

David Letterman's "Things we can be proud of as Americans":

    * Greatest number of citizens who have actually boarded a UFO

    * Many newspapers feature "JUMBLE"

    * Hourly motel rates

    * Vast majority of Elvis movies made here

    * Didn't just give up right away during World War II like some

        countries we could mention

    * Goatees & Van Dykes thought to be worn only by weenies

    * Our well-behaved golf professionals</p>

    * Fabulous babes coast to coast

Fortune Cookie

TIRED of calculating components of vectors?  Displacements along direction of

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Gumbinowitz, mechanical engineer, in a hidden-camera interview...

    "Dot-Product really works!  Calculating Z-axis force components has

    never been easier."

Yes, you too can take advantage of the amazing properties of Dot-Product.  Use

it to calculate forces, velocities, displacements, and virtually any vector

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much would you pay?  All this can be yours for the low, low price of $19.95!!

But that's not all!  If you order before midnight, you'll also get "Famous

Numbers of Famous People" as a bonus gift, absolutely free!  Yes, you'll get

Avogadro's number, Planck's, Euler's, Boltzmann's, and many, many, more!!

Call 1-800-DOT-6000.  Operators are standing by.  That number again...

1-800-DOT-6000.  Supplies are limited, so act now.  This offer is not

available through stores and is void where prohibited by law.

Fortune Cookie

user, n.:

    The word computer professionals use when they mean "idiot."

        -- Dave Barry, "Claw Your Way to the Top"

[I always thought "computer professional" was the phrase hackers used

 when they meant "idiot."  Ed.]

Fortune Cookie

A book is the work of a mind, doing its work in the way that a mind deems

best.  That's dangerous.  Is the work of some mere individual mind likely to

serve the aims of collectively accepted compromises, which are known in the

schools as 'standards'?  Any mind that would audaciously put itself forth to

work all alone is surely a bad example for the students, and probably, if

not downright antisocial, at least a little off-center, self-indulgent,

elitist.  ... It's just good pedagogy, therefore, to stay away from such

stuff, and use instead, if film-strips and rap-sessions must be

supplemented, 'texts,' selected, or prepared, or adapted, by real

>professionals.  Those texts are called 'reading material.'  They are the

academic equivalent of the 'listening material' that fills waiting-rooms,

and the 'eating material' that you can buy in thousands of convenient eating

resource centers along the roads.

        -- The Underground Grammarian

Fortune Cookie

Middlesex, like Kent, has been better served by amateurs than professionals. Indeed, with the notable exceptions of J. T. Hearne, who headed the bowling averages in 1891, 1896 and 1898, and of the imported Australian A. E. Trott, few professionals of high merit are conspicuously associated with the history of the county cricket. Trott, in 1899 and again in 1900, performed the previously unprecedented feat of taking over two hundred wickets and scoring over one thousand runs in the same season. And in his "benefit match" in May 1907 at Lord's he achieved the "hat trick" twice in one innings, taking first four and then three wickets with successive balls. But if there has been a dearth of professionals in Middlesex cricket, the county has produced an abundance of celebrated amateurs. In addition to the Walkers and A. J. Webbe, the metropolitan county was the home of the celebrated hitter, C. I. Thornton, and of the Studd family, who learnt their cricket at Eton and Cambridge University. C. T. Studd, one of the most polished batsmen who ever played cricket, was at the same time an excellent medium-paced bowler, and his brother G. B. Studd is remembered especially for his fielding, though like his elder brother, J. E. K. Studd, he was an all-round cricketer of the greatest value to a county team. Sir T. C. O'Brien, who made his reputation by a fine innings for Oxford University against the Australian team of 1882, sustained it in the following years by many brilliant performances for Middlesex. A. E. Stoddart for several years was the best run-getter in the Middlesex eleven; and W. J. Ford and his younger brother, F. G. J. Ford, were conspicuous among many prominent Middlesex batsmen. In more recent times the Oxonian P. F. Warner (b. 1873), both as captain and as batsman, did splendid work; and B. J. T. Bosanquet, besides assisting powerfully with the bat, became famous for inaugurating a new style of curly bowling ("googlies") of a very effective type. Entry: 1864

Encyclopaedia Britannica, 11th Edition, Volume 7, Slice 6 "Coucy-le-Château" to "Crocodile"     1910-1911

So much enthusiasm and so much golf in America have not failed to make their influence felt in the United Kingdom. Naturally and inevitably they have created a strong demand for professional instruction, both by example and by precept, and for professional advice and assistance in the laying-out and upkeep of the many new links that have been created in all parts of the States, sometimes out of the least promising material. By the offer of great prizes for exhibition matches, and of wages that are to the British rate on the scale of the dollar to the shilling, they have attracted many of the best Scottish and English professionals to pay them longer or shorter visits as the case may be, and thus a new opening has been created for the energies of the professional golfing class. Entry: GOLF

Encyclopaedia Britannica, 11th Edition, Volume 12, Slice 2 "Gloss" to "Gordon, Charles George"     1910-1911

The superstitious associations of crystal-gazing, as of hypnotism, appear to bar the way to official scientific investigation, and the fluctuating proficiency of the seers, who cannot command success, or determine the causes and conditions of success and failure, tends in the same direction. The existence, too, of paid professionals who lead astray silly women, encourages the natural scientific contempt for the study of the faculty. Entry: A

Encyclopaedia Britannica, 11th Edition, Volume 7, Slice 7 "Crocoite" to "Cuba"     1910-1911

The next development was borrowed from the French game (see below), which consists entirely of cannons. Both French and American professors, giving undivided attention to cannons and not being permitted to use the _push-stroke_, arrived at a perfection in controlling or "_nursing_" the balls to which English players could not pretend; yet the principles involved in making a long series of cannons were applied, and leading professionals soon acquired the necessary delicacy of touch. The plan is to get the three balls close to each other, say within a space which a hand can cover, and not more than from 4 to 8 in. from a cushion. The striker's ball should be behind the other two, one of which is nearer the cushion, the other a little farther off and farther forward. The striker's ball is tapped quietly on the one next the cushion, and hits the third ball so as to drive it an inch or two in a line parallel to the cushion. The ball first struck rebounds from the cushion, and at the close of the stroke all three balls are at rest in a position exactly similar to that at starting, which is called by the French _position mère_. Thus each stroke is a repetition of the previous one, the positions of the balls being relatively the same, but actually forming a series of short advances along the cushion. With the push-stroke a great number of these cannons could be quickly made, say 50 in 3½ minutes; and, as that means 100 points, scoring was rapid. Most of the great spot-barred breaks contained long series of these cannons, and their value as records is correspondingly diminished, for in such hair's-breadth distances very often no one but the player, and sometimes not even he, could tell whether a stroke was made or missed or was foul. Push-barred, the cannons are played nearly as fast; but with most men the series is shorter, _massé_ strokes being used when the cannon cannot be directly played. Entry: A

Encyclopaedia Britannica, 11th Edition, Volume 3, Slice 7 "Bible" to "Bisectrix"     1910-1911

The counties above referred to are those which have figured most prominently in the history of county cricket. Individual players of the highest excellence are, however, to be found from time to time in all parts of the country. Warwickshire, for example, can boast of having had in A. A. Lilley (b. 1867) the best wicket-keeper of his day, who represented England against Australia in the test matches; while Worcestershire produced one of the best all-round professionals in the country for a number of years in Arnold (b. 1877), and a batsman of extreme brilliancy in R. E. Foster, a member of a cricketing family to whom belongs the credit of raising Worcestershire into a cricketing county of the first class. Derbyshire, similarly, can claim some well-known cricket names, the bowler W. Mycroft (1841-1894), W. Chatterton (b. 1863), and W. Storer (b. 1868), a first-class wicket-keeper. Essex possesses at Leyton one of the best county grounds in the country, and the club was helped over financial difficulties by the munificent support of an old Uppingham and Cambridge cricketer, C. E. Green. It has produced a fair number of excellent players, notably the batsmen P. Perrin, C. MacGahey, and the fast bowler C. J. Kortright; and A. P. Lucas, afterwards a member of the county club, was a famous cricketer who played for England in 1880 in the first Australian test match. Hampshire had a fine batsman in Captain E. G. Wynyard, and its annals are conspicuous for the phenomenal scores made during the single season of 1899 by Major R. M. Poore; these two put together 411 against Somersetshire in that year before being separated. Among the later Hants professionals, Llewellyn was most prominent. Entry: A

Encyclopaedia Britannica, 11th Edition, Volume 7, Slice 6 "Coucy-le-Château" to "Crocodile"     1910-1911

The first English team to visit Australia was organized in 1862, and was captained by H. H. Stephenson. George Parr (1826-1891) took out the next in 1864, Dr E. M. Grace being the only amateur. In 1873 the Melbourne Club invited Dr W. G. Grace to take out an eleven, and three years later James Lillywhite conducted a team of professionals. On this tour for the first time colonials contended on equal terms, one match v. Australia being won by 4 wickets and the other lost by 45 runs. Lord Harris in the autumn of 1878 took a team of amateurs assisted by Ulyett and Emmett, winning 2 and losing 3 eleven-a-side encounters, Emmett's 137 wickets averaging 8 runs each. Shaw, Shrewsbury and Lillywhite jointly organized the expedition of 1881, when Australia won the second test match by 5 wickets. The Hon. Ivo Bligh (afterwards Lord Darnley) in 1882 took a fine team, which was crippled owing to an injury sustained by the bowler F. Morley. Four victories could be set against three defeats; Australia winning the only test match, owing to the batting of Blackham. Shaw's second tour in 1884 showed Barnes heading both batting and bowling averages, while six victories counterbalanced two defeats. In the third tour Shrewsbury became captain, but the English for the first time encountered the bowling of C. T. B. Turner, who took 27 wickets for 113 runs in two matches. Australia was twice defeated, the English captain batting in fine form. On this tour was played the Smokers v. Non-Smokers, when the latter scored 803 for 9 wickets (Shrewsbury 236, W. Bruce 131, Gunn 150), against the bowling of Briggs, Boyle, Lohmann, Palmer and Flowers. The winter of 1887 saw two English teams in Australia, one under Lord Hawke and G. F. Vernon, the other under Shrewsbury and Lillywhite. Both teams played well, the batting being headed by W. W. Read with an average of 65, and Shrewsbury with 58. The ill-success of Lord Sheffield's team in two out of three test matches did not disprove the great merits of his eleven. Dr W. G. Grace headed the averages with 44, and received the best support from Abel and A. E. Stoddart, whilst Attewell, Briggs and Lohmann all possessed fine bowling figures. A. E. Stoddart's first team (in 1894) achieved immense success and was the best of all. In the first test match they went in against 586 runs and ultimately won by 10 runs, Ward making 75 and 117. Stoddart himself averaged 51, scoring 173 in the second test match, and A. C. MacLaren (who made 228 v. Victoria), Brown and Ward all averaged over 40. The last tour conducted by Stoddart proved less satisfactory, four of the five test matches being lost, and some friction being caused by various incidents. K. S. Ranjitsinhji, who averaged 60 and made 175 in a test match and 189 v. South Australia, and A. C. MacLaren, who scored five hundreds and averaged 54, were prominent, Hayward also doing good work; but the bowling broke down. Weakness in bowling was the cause of the ill success of A. C. MacLaren's side in 1901. After a brilliant victory by an innings and 124 runs at Sydney, the other four test matches were all lost. MacLaren himself batted magnificently, and so did Hayward and Tyldesley. Braund stood alone as an all-round man. The M.C.C. in 1903 officially despatched a powerful side led by P. F. Warner, and in every sense except the financial the success was complete. Three test matches were won and two lost, while two new records were set up, one by Rhodes obtaining 15 wickets at Melbourne, the other by R. E. Foster, who in seven hours of brilliant batting compiled 287. Tyldesley and Hayward both did good work as batsmen; Rhodes and Braund both bowled consistently. The catch-phrase about "bringing back the ashes" became almost proverbial; its origin is to be found in the _Sporting Times_ in 1882 after Australia had defeated England at the Oval. Entry: A

Encyclopaedia Britannica, 11th Edition, Volume 7, Slice 6 "Coucy-le-Château" to "Crocodile"     1910-1911

At this period, and much later, the first-class matches of "M.C.C. and ground" (i.e. ground-staff, or professionals attached to the club) occupied a far greater amount of importance than is at present the case. In recent years over 150 minor matches of the utmost value in propagating the best interests of cricket are annually played by the leading club. League cricket has of late become exceedingly popular, especially in the North of England, a number of clubs--about twelve to sixteen--combining to form a "League" and playing home-and-home matches, each one with each of the others in turn; points are scored according as each club wins, loses, or draws matches, the championship of the "League" being thus decided. Entry: CRICKET

Encyclopaedia Britannica, 11th Edition, Volume 7, Slice 6 "Coucy-le-Château" to "Crocodile"     1910-1911

_Professionalism._--The remuneration of the first-class English professionals is £6 per match, out of which expenses have to be paid; a man engaged on a ground to bowl receives from £2, 10s. to £3, 10s. a week when not away playing matches. A professional player generally receives extra reward for good batting or bowling, the amount being sometimes a fixed sum of £1 for every fifty runs, more frequently a sum awarded by the committee on the recommendation of the captain. Some counties give their men winter pay, others try to provide them with suitable work when cricket is over. A few get cricket in other countries during the English winter. For international matches professional players and "reserves" receive £20 each, though before 1896 the fee was only £10; players (and reserves) in Gentlemen v. Players at Lord's are paid £10. A good county professional generally receives a "benefit" after about ten years' service; but the amount of the proceeds varies capriciously with the weather, the duration of the match, and the attendance. In the populous northern counties of England benefits are far more lucrative than in the south, but £800 to £1000 may be regarded as a good average result. County clubs generally exercise some control over the sums received. Umpires are paid £6 a match; in minor games they receive about £1 a day. Entry: A

Encyclopaedia Britannica, 11th Edition, Volume 7, Slice 6 "Coucy-le-Château" to "Crocodile"     1910-1911

This one quality that Johnson so completely lacked was possessed in its fullest perfection by Oliver Goldsmith, whose style is the supreme expression of 18th-century clearness, simplicity and easy graceful fluency. Much of Goldsmith's material, whether as playwright, story writer or essayist, is trite and commonplace--his material worked up by any other hand would be worthless. But, whenever Goldsmith writes about human life, he seems to pay it a compliment, a relief of fun and good fellowship accompanies his slightest description, his playful and delicate touch could transform every thought that he handled into something radiant with sunlight and fragrant with the perfume of youth. Goldsmith's plots are Irish, his critical theories are French with a light top dressing of Johnson and Reynolds or Burke, while his prose style is an idealization of Addison. His versatility was great, and, in this and in other respects, he and Johnson are constantly reminding us that they were hardened professionals, writing against time for money. Entry: V

Encyclopaedia Britannica, 11th Edition, Volume 9, Slice 6 "English Language" to "Epsom Salts"     1910-1911

If Kent and Middlesex may be described as the counties of amateurs, Yorkshire and Nottinghamshire should be called the counties of famous professionals. Between 1864 and 1889 Nottinghamshire was champion county twelve times and the county eleven was as a rule composed almost entirely of professional players, among whom have been many of the greatest names in the history of the game. Richard Daft (1835-1900), after playing as an amateur, became a professional in preference to abandoning the game, scorning to resort to any of the pretexts by which cricketers have been known to accept payment for their services while continuing to cling to the status of the amateur. William Oscroft (1843-1905) was one of Nottinghamshire's early batting heroes, and in Alfred Shaw (b. 1842) and F. Morley (1850-1884) the county possessed an invaluable pair of bowlers. William Gunn (b. 1858), besides being a magnificent fielder "in the country," was an exceptionally able batsman; but his performances did not equal those of his greater contemporary, Arthur Shrewsbury, who in six years between 1885 and 1892 headed the English batting averages. Shrewsbury's perfect style combined with inexhaustible patience placed him in the front rank of the "classical" batsmen of English cricket. Of the batsmen nicknamed "stonewallers," who at one time endangered the popularity of first-class cricket, was W. Scotton (1856-1893); and among the other numerous professionals whose cricket contributed to the renown of Nottinghamshire were Barnes (1852-1899), at times a most formidable bat; Flowers (b. 1856), always useful both with the bat and the ball; W. Attewell (b. 1861), a remarkably steady bowler who bowled an abnormal number of maiden overs; Mordecai Sherwin (b. 1851), an excellent successor to T. Plumb (b. 1833) and F. Wild (1847-1893) as wicket-keeper for the county; and among more recent players, J. Iremonger (b. 1877) and John Gunn, both of whom proved themselves cricketers worthy of the Notts traditions. J. A. Dixon (b. 1861), one of the few amateurs of the Nottinghamshire records, was for some time captain of the county team; and he was succeeded by A. O. Jones (b. 1873), a dashing batsman, who in 1899 was partner with Shrewsbury when the pair scored 391 for the first wicket in a match against Gloucestershire. Entry: A

Encyclopaedia Britannica, 11th Edition, Volume 7, Slice 6 "Coucy-le-Château" to "Crocodile"     1910-1911

The _spot-stroke_ is a series of winning hazards made by pocketing the red ball in one of the corners from the spot. The great art is, first, to make sure of the hazard, and next, to leave the striking ball in such a position as to enable the player to make a similar stroke in one or other of the corner pockets. To such perfection was the spot-stroke brought, that at the end of the 19th century it was necessary to bar it out of the professional matches, and the "spot-barred" game became consequently the rule for all players. The leading English professionals so completely mastered the difficulties of the stroke and made such long successions of hazards that they practically killed all public interest in billiards, the game being little more than a monotonous series of spot-strokes. In 1888 W.J. Peall made 633 "spots" in succession, and in 1890 in a break of 3304--the longest record--no less than 3183 of the points were scored through spot-stroke breaks. J.G. Sala, by use of the screw-back, made 186 successive hazards in one pocket, but C. Memmott is said to have made as many as 423 such strokes in succession. The spot-stroke was known and used in 1825, when a run of twenty-two "spots" caused quite a sensation. The player, whose name was Carr, offered to play any man in England, but though challenged by Edwin Kentfield never met him, so the latter became champion. Kentfield, however, did not regard the spot-stroke as genuine billiards, rarely played it himself, and had the pocket of his tables reduced to 3 in., and the billiard-spot moved nearer to the top of the table, so as to make the stroke exceedingly difficult. John Roberts, sen., who succeeded Kentfield as champion in 1849, worked hard at the stroke, but never made, in public, a longer run than 104 in succession. But W. Cook, John Roberts, jun., and others, assisted by the improvements made in the implements of the game, soon outdid Roberts, sen., only to be themselves outdone by W. Peall and W. Mitchell, who made such huge breaks by means of the stroke that it was finally barred, the Association rules providing that only two "spots" may be made in succession unless a cannon is combined with a hazard, and that after the second hazard the red ball be placed on the centre-spot. Entry: A

Encyclopaedia Britannica, 11th Edition, Volume 3, Slice 7 "Bible" to "Bisectrix"     1910-1911

Index: