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Economist in sentence

1214 examples of Economist in a sentence

In the framework developed by the development economist Dani Rodrik, a shortage of capital can be a binding “growth constraint”: the place where “the biggest bang for the [policy] reform buck can be obtained.”
Helicopters on a LeashPARIS – Faced with a slowing global economy, a number of observers – including former US Federal Reserve Chair Ben Bernanke and Berkeley economist Brad DeLong – have argued that money-financed fiscal expansion should not be excluded from the policy toolkit.
But talk of such “helicopter drops” of newly printed money has produced a strong counterattack, including from Michael Heise, the chief economist of Allianz, and Koichi Hamada, the chief economic adviser to Prime Minister Shinzo Abe and one of the architects of Japan’s “Abenomics” economic-recovery program.
Faced with the biggest test in its history, the euro is far from steering into disaster, as the Nobel laureate economist Milton Friedman predicted ten years ago.
As the late economist and European central banker Tommaso Padoa-Schioppa once put it, Thatcher “shifted the line dividing markets from government, enlarging the territory of the former at the expense of the latter.”
In 1980, the biologist Paul Ehrlich and the economist Julian Simon made another famous wager – on the price of five metals ten years later.
Piketty’s emphasis on the political nature of the distribution of income; his subtle back-and-forth between the general laws of capitalism and the role played by contingency; and his willingness to offer bold (if, to many, impractical) remedies to save capitalism from itself are as refreshing as they are rare for an economist.
Productivity gains had stalled, energy prices were high, the backlog of potential technologies that originated in the Great Depression had been exhausted, and waning benefits from economies of scale led nearly every economist to project that economic growth would be slower in the future than it had been in the past.
Today its problems look, as the Brookings Institution economist Peter Orszag says, much more like the equivalent of a slow tire leak: you have to fix it eventually, but it isn’t very hard to do and repair it isn’t terribly urgent.
The analogy popularized by the great monetarist economist Milton Friedman was that the central bank could always deal with deflationary problems by dropping money from a helicopter.
Harvard economist Ricardo Hausmann recently berated what he describes as the “education, education, education crowd” for advocating an “education-only” strategy for growth.
Indeed, according to the American economist Irving Fisher’s long established “debt-deflation” theory, when an over-indebted economy suffers a shock, the joint effects of debt and deflation can trigger a downturn.
When, as is usually the case, the long-term interest rate is higher than the GDP growth rate, the wealthy may accumulate wealth faster than the rest of the economy – a point made by the economist Thomas Piketty.
The Nobel laureate economist Robert Solow has shown that growth comes from three sources: the working population, capital investment, and technological progress.
In 1939, the Cambridge University economist Claude Guillebaud published The Economic Recovery of Germany, which argued that the German economy was quite robust and would not collapse from overstrain or overheating in the event of a military conflict.
Guillebaud was also excoriated by other academics who were far more famous than him, such as the British economist Dennis Robertson.
The Yale University economist Robert Shiller has long argued that national governments should issue GDP-linked bonds as a safer way to borrow, but convincing them has been difficult.
Jean Monnet, the French economist who is considered one of the modern EU’s founders, was renowned for his ability to turn big political conflicts into smaller technical issues.
In a recent interview, Peter Praet, its chief economist, explicitly noted that “all central banks” can print money and send checks to each and every citizen – a last-resort option known as “helicopter money.”
The prominent climate economist Professor Richard Tol of Hamburg University has analyzed the benefits and costs of cutting carbon now versus cutting it in the future.
In place of what the economist Charles Kindleberger once called an “altruistic hegemon,” the America that the world now faces is what I call a “selfish hegemon.”
Property rights, contract enforcement, entrepreneurial conditions, and free and competitive product and labor markets were proclaimed to be part of the economic framework – a misconception recently restated by the former World Bank economist and current development pundit William Easterly.
You need not be an economist to discover that civil society also pays its way.
According to The Economist, the Trump administration expects to spend 24,000 worker hours processing 4,500 exemption requests.
As the Nobel laureate economist Paul Krugman pointed out a quarter-century ago, a country in this situation will be unwilling to undertake additional painful adjustment, because it gets nothing in return.
Or, as the Nobel laureate economist Robert Solow observed in 1987, “You can see the computer age everywhere but in the productivity statistics.”
Shortly before the current Iraq war, when Bush administration economist Larry Lindsey suggested that the costs might range between $100 and $200 billion, other officials quickly demurred.
The post-bubble aversion to spending, and the related focus on balance-sheet repair, reflects what Nomura Research Institute economist Richard Koo has called a powerful “debt rejection” syndrome.
As the economist Dan Kuehn likes to say, a recession is like somebody knocking your jigsaw puzzle, disturbing the pieces, and turning some of them over.
The economist David Ricardo pointed out in 1817 that both Great Britain and Portugal would benefit if they exploited their comparative advantages.
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