- Nov 07, 2020
Economists Quotes
Forecasts, doubts, and the numbers game
Armies of strategists and fund managers get paid to guess which securities will pay off each quarter, yet these quotes admit forecasting rarely lives up to its reputation.
- Last Updated on May 30, 2021
- Argued
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- Nov 07, 2020
Although most Americans apparently loathe inflation, Yale economists have argued that a little inflation may be necessary to grease the wheels of the labor market and enable efficiency-enhancing changes in relative pay to occur without requiring nominal wage cuts by workers.
- He
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- Nov 07, 2020
Mr. Trump has said he strongly supports immediate expensing of capital expenditures, which many economists agree would encourage growth.
- Economic
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- Nov 07, 2020
The density of settlement of economists over the whole empire of economic science is very uneven, with a few areas of modest size holding the bulk of the population.
- I Am
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- Nov 07, 2020
I am often considered almost not a part of the profession of Establishment economists. I am even referred to as a sociologist. And by that, economists usually do not mean anything flattering.
- Me
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- Nov 07, 2020
In the late 1960s, the New Classical economists saw the same weaknesses in the microfoundations of macroeconomics that have motivated me. They hated its lack of rigor. And they sacked it.
- Herbert
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- Nov 07, 2020
When the Smoot-Hawley bill landed on President Herbert Hoover's desk, more than 1,000 economists urged him to veto it. Tragically, the president ignored their pleas.
- Employment
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- Nov 07, 2020
Economists of a classical bent lay a large part of the decline of employment, and thus lagging output, to a contraction of labour supply.
- Business
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- Nov 07, 2020
Ask five economists and you'll get five different answers - six if one went to Harvard.
- Nov 07, 2020
I guess economists, it's a bit like scientists; you have definitely fewer women in that field.
- General Public
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- Nov 07, 2020
Raising the minimum wage, as President Obama proposed in his State of the Union address, tends to be more popular with the general public than with economists.
- Modeling
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- Nov 07, 2020
Most economists, when modeling market behavior, tend to sweep major fluctuations under the rug and assume they are anomalies. What I have found is that major rises and falls in prices are actually inevitable.
- Just
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- Nov 07, 2020