There are no solutions; there are only trade-offs.
Strategy is about making choices, trade-offs; it's about deliberately choosing to be different.
Trade-offs have been with us ever since the late unpleasantness in the Garden of Eden.
As an economist, I'm aware that life is full of trade offs.
Winners embrace hard work. They love the discipline of it, the trade-off they're making to win. Losers, on the other hand, see it as punishment. And that's the difference.
Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.
A family is a risky venture, because the greater the love, the greater the loss... That's the trade-off. But I'll take it all.
When you're building something, you know all of the trade-offs.
There is a trade off - as you grow older you gain wisdom but you lose spontaneity.
The question to ask when you look at security is not whether this makes us safer, but whether it's worth the trade-off.
I've always believed happiness is overrated, you know? It’s those difficult times that inform the next wonderful time, and it’s a series of trade-offs, of events, of wins and losses.
Every country has it trade offs.
Raising the minimum wage and lowering the barriers to union organization would carry a trade-off - higher unemployment. A better idea is to have the government subsidize low-wage employment. The earned-income tax credit for low-income workers - which has been the object of proposed cuts by both President Clinton and congressional Republicans - has been a positive step in this direction.
We must go beyond the arrogance of human rights. We must go beyond the ignorance of civil rights. We must step into the reality of natural rights because all of the natural world has a right to existence and we are only a small part of it. There can be no trade-off.
Self-help books for those who believe 'You can have it all' often advise, 'Follow your bliss and money will follow.' With the collapse of the stock markets the reality of trade-offs is more like, 'When you follow your bliss, it's money you'll miss.'
I don’t consider myself an activist, but I realize how much I’ve benefited from the sacrifice of others. So if hearing that the CEO of Apple is gay can help someone struggling to come to terms with who he or she is, or bring comfort to anyone who feels alone, or inspire people to insist on their equality, then it’s worth the trade-off with my own privacy.
I think it's a false trade-off to say quality time versus quantity - you have to have both.
I don't enjoy the diminishing agility of the body!I had knee surgery and I no longer can go do three yoga classes and run. It's not as much fun, physically. But emotionally, it's way more fun. I am so much happier and contented and less agitated - I'm just calmer. So it's like everything in this human existence, it's a trade off - it's like you trade the virility of the body for the agility of the spirit. That's a good line. I have to remember that!
That moment was very important because it was political. That's what has to be done, so they struck a deal. She figures his is a well-thought-out motivation that she felt was worthy trade-off. The motivation here is survival, and she has to think like a leader.
Our experience using computers reflects a trade-off that was made fifty years ago or more.
One of the things we're going to have to discuss and debate is how are we striking this balance between the need to keep the American people safe and our concerns about privacy. Because there are some trade-offs involved. I welcome this debate, and I think it's healthy for our democracy.
All experience has taught us that solving a complex problem uncovers hidden assumptions and ever more knowledge, trade-offs that we didn't anticipate but which can make the difference between meeting a deadline and going into research mode for a year, etc.
The trade-off between freedom and security, so often proposed so seductively, very often leads to the loss of both.
Someone in the society has to deal with the reality that there are finite resources and we're making trade-offs, and be explicit about that. When the car companies were found to have a memo that actually said, "This safety feature costs X and saved Y lives," the very existence of that memo was considered damning. Or when you made it reimbursable for a doctor to ask, "Do you want heroic care at the end-of-life," that was a death panel. No, it wasn't a death panel! It was asking somebody to make a decision.
Well, jobs are a great thing. You have to be a bit careful: If you raise the minimum wage, you’re encouraging labor substitution and you’re going to go buy machines and automate things - or cause jobs to appear outside of that jurisdiction. And so within certain limits, you know, it does cause job destruction. If you really start pushing it, then you’re just making a huge trade-off.
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