- Psychology
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- Nov 07, 2020
George Akerlof Quotes
Most Famous George Akerlof Quotes of All Time!
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- Last Updated on May 30, 2021
- Guess
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- Nov 07, 2020
I've always been a macroeconomist. That's what I teach. And I guess that's what I've been concerned with ever since I've been very young.
- Been
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- Nov 07, 2020
Keynesian economics has always been needed.
- Exercise
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- Nov 07, 2020
When you give chief executives too much compensation in stock options, they concentrate too much on the stock price, and there is a perverse incentive to raise the stock price, particularly when the chief executive wants to exercise his own options.
- Nov 07, 2020
The only way we are going to ameliorate pressing social needs is through public intervention.
- More
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- Nov 07, 2020
When men do all the outside work, they contribute on average about 10 percent of housework. But as their share of outside work falls, their share of housework rises to no more than 37 percent.
- People
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- Nov 07, 2020
The idea is that in any situation, people have a notion as to who they are and how they should behave. And if you don't behave according to your identity, you pay a cost.
- Daughter
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- Nov 07, 2020
My Swedish grandmother was the daughter of a dairy farmer who lived near Hedemora. My Swedish grandfather worked as a clerk for the Swedish railways in the Stockholm station.
- Graduate School
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- Nov 07, 2020
My mother, whose interest in chemistry was rather minimal, nevertheless went to graduate school in the subject and married my father, for whom it was as important as life itself.
- Failure
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- Nov 07, 2020
The failure of credit markets is one of the major reasons for underdevelopment.
- Late
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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.
- Early
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- Nov 07, 2020
Prior to the early 1960s, economic theorists rarely constructed models customized to capture unique institutions or specific market characteristics.
- May
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- Nov 07, 2020