Economist
in sentence
1214 examples of Economist in a sentence
Another relatively liberal politician -- the outspoken
economist
G.Yavlinsky -- lost the support of most of the elite because of his often maverick pronouncements.
In the United States, businesses and labor unions use “fair trade” laws to construct what
economist
Joseph Stiglitz calls “barbed-wire barriers to imports.”
One need not be an
economist
to know that the perception of increased risk can be a powerful disincentive.
In terms of quality, the Harvard
economist
Lant Pritchett estimates it will take at least 100 years for children in schools in developing countries to reach the same learning outcomes as those attained today by students in developed countries.
Then, in late May, President Sergio Mattarella caused an uproar by blocking the appointment of the Euroskeptic
economist
Paolo Savona as the country’s new minister of economy and finance, suggesting that the single currency may yet be a central issue in the future.
Mention the issue to a banker or a mainstream
economist
and you are likely to get a vehement reply: capital controls do not work, because speculators can evade them at little or no cost, but countries should never adopt such controls, because doing so is very costly.
For example, as the MIT
economist
Kristin Forbes has documented, they increase the cost of financing for small and medium-size companies.
For an economist, this is cause for celebration – no cocktail required.
In his memoirs, Greenspan revealed that his favorite
economist
was Joseph Schumpeter, inventor of the concept of “creative destruction.”
The Case for Mitigating Greenhouse Gas EmissionsPALO ALTO -- Last fall, the United Kingdom issued a major government report on global climate change directed by Sir Nicholas Stern, a top-flight
economist.
The Nobel laureate
economist
Thomas Sargent and others recently argued that the optimal level of debt for the US is in fact very close to zero, though he does not recommend trying to get there anytime soon, given that US government debt is now over 100% of GDP.
In this sense, the ECB’s Governing Council is, consciously or unconsciously, following the Nobel laureate
economist
Paul Krugman’s 1998 advice that the Bank of Japan “credibly promise to be irresponsible” when nominal interest rates are already at zero and monetary policy is in danger of becoming ineffective.
Europe’s austerians, as the Nobel laureate
economist
Paul Krugman likes to call them, lost the argument.
“The period of wage moderation may be coming to an end,” warns Otmar Issing, the ECB’s chief economist, implying that soaring energy prices may now be feeding through into the overall price level (so-called “second-round effects”).
As the Nobel laureate
economist
Paul Samuelson observed in 1948, international trade leads to factor-price equalization, with wages, adjusted for skill levels, equilibrating across countries.
It is telling, for example, that Simon Johnson, the IMF’s chief
economist
during 2007-2008, has turned into one of the most ardent supporters of strict controls on domestic and international finance.
A conceptual basis for the opposing perspective, to which I adhere, lies in the Harvard
economist
Michael Porter’s theory of shared value creation.
As the Nobel laureate
economist
Kenneth Arrow argued in 1972, “much of the economic backwardness in the world can be explained by the lack of mutual confidence.”
“We should now emulate the South Koreans,” says Eisuke Sakakibara, a leading Japanese economist, who was one of the architects of the Japanese “miracle” of the 1980’s.
“In Japan, 1990 to 2000 was called the ‘lost decade,’” says the free-market
economist
Fumio Hayashi.
R. Christina Daurisca, an
economist
at the Haitian Ministry of Public Health and Population, found that nearly 4,000 lives could be saved annually by creating a national ambulance network.
Participants included climate scientist Mike Hulme of the University of East Anglia, climate policy expert Roger Pielke Jr. of the University of Colorado, and climate
economist
Christopher Green of McGill University.
Fahed al-Fanek, a leading Jordanian economist, estimates that the war could cost Jordan as much as 25% of its GDP, about $2 billion.
That is because, as David Glasner, an
economist
at the Federal Trade Commission, has pointed out, attempts to erect an automatic monetary system – whether based on the gold standard, Milton Friedman’s k-percent rule, or the Stanford University
economist
John Taylor’s “rules-based monetary policy” – have all crashed and burned spectacularly.
History has refuted the University of Chicago
economist
Henry Simons’s call for “rules rather than authorities” in monetary policy.
In his original plan for an International Clearing Bank, the British
economist
John Maynard Keynes proposed an escalating range of sanctions against member states that maintained continuous credit balances (and less onerous sanctions on countries with persistent debt balances).
To redress this state of affairs, the
economist
Vladimir Masch suggests that the US should pursue a plan of “compensated free trade” (CFT), which essentially amounts to a unilateral activation of the scarce-currency clause.
That’s one reason why the great nineteenth-century
economist
Henry George argued that the best taxes are land taxes.
A second insight from the case of the eurozone, advanced by the
economist
Paul de Grauwe, is that currency unions can be prone to self-reinforcing liquidity crises, because some vulnerable parts (Greece, Spain, Portugal, and Italy at various points) lack their own currencies.
Fazi’s fellow
economist
Heiner Flassbeck likewise argues that the nation-state, not some airy-fairy pan-European terrain, as DiEM25 purportedly suggests, is the right place to push for change.
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