"Robert Heller", also "Joseph Heller", was an England/English magic (illusion)/magician, mentalist, and musician. The year of his birth is the subject of some speculation; some sources list it as 1829 while others claim 1830.

As the son of a famous concert pianist, Heller began his life as a musician studying at the Royal Academy of Music. After becoming fascinated with magic at age 14, Heller began copying his idol Jean Eugène Robert-Houdin, from whom he adopted his first name. Heller left his scholarship at the academy to become a professional magician.

Heller's magic career began in New York City in 1858. In an attempt to copy the style of Houdin, Heller wore a dark wig and spoke in a French language/French accent when he performed. His act was such a failure that he moved to Washington, D.C. to become a music teacher.

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Effective management always means asking the right question.

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Growth continues at a very high pace and energy prices have increased considerably over the past year, so the Fed will say, 'okay, we have to prevent those energy prices from being built into all goods and services,' ... The Fed is not going to ease its stance on raising rates.

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The difference between management and administration (which is what the bureaucrats used to do exclusively) is the difference between choice and rigidity.

172

Fear is excitement without breath.

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The first myth of management is that it exists. The second myth of management is that success equals skill.

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The (stock) markets have basically ignored the 1-percent-plus increase in the fed funds rate over the past year, ... The fixed-income market where these companies do their borrowing has not as yet responded as effectively as the Fed may have liked.

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It's one of many indicators the Federal Reserve is watching, and it just adds to the general picture of an exuberant -- of a very, very strong economy indeed.

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I think the Fed is still on track to raise rates until the growth rate slows or until we see negative numbers on inflation, ... Only if we had a real stock market rout would they say, 'OK, time to hold your powder right now.'

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What is called for at the present time is prudence in fiscal policy and a continued application of the brakes in Federal Reserve policy. That's the policy that will get us into a future that where we see continued growth and very moderate inflation.

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