Situational variables can exert powerful influences over human behavior, more so that we recognize or acknowledge.
My bottom line is that monetary policy should react to rising prices for houses or other assets only insofar as they affect the central bank's goal variables - output, employment, and inflation.
Deadlines refine the mind. They remove variables like exotic materials and processes that take too long. The closer the deadline, the more likely you'll start thinking waaay outside the box.
Love is always a leap into the unknown. You can try to control as many variables, and understand a situation as you can, but you're still jumping off a cliff and hoping that someone catches you.
I'm glad I don't have to make a living farming. Too much hard work. Too many variables you don't have control over, like, is it going to rain? All I can say is, god bless the real farmers out there.
Study after study confirms that even when you control for variables like profession, education, hours worked, age, marital status, and children, men still are compensated substantially more - even in professions, like nursing, dominated by women. No wonder there's a gender gap.
It could be a great script but the director is not the right person for me to work for at this time. So there are a lot of elements that come into play and a lot of variables, but more than anything it's got to be a great script and a great character.
Trust your gut instinct over spreadsheets. There are too many variables in the real world that you simply can't put into a spreadsheet. Spreadsheets spit out results from your inexact assumptions and give you a false sense of security. In most cases, your heart and gut are still your best guide.
Comparisons are really no good in sport, especially if it is a comparison between different eras and generations, for there are so many variables that come into play, starting from the quality of the opposition to playing conditions.
Investment bubbles and high animal spirits do not materialize out of thin air. They need extremely favorable economic fundamentals together with free and easy, cheap credit, and they need it for at least two or three years. Importantly, they also need serial pleasant surprises in such critical variables as global GNP growth.