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Economist in sentence

1214 examples of Economist in a sentence

As the late MIT economist Rudi Dornbusch pointed out, it makes more sense for residents of poor countries to invest their resources at home in ways that raise productivity and living standards, rather than buying US Treasury bills.
According to economist Pavan Sukhdev, the former head of the United Nations’ Green Economy Initiative, the point was simple: “It’s going to cost $2 million per year to do what the swamp was doing for free, and they don’t have that money.”
It was not long ago that Ireland’s economic miracle was also seen as a model – what the Economist in 1997 hailed as “Europe’s shining light” – attracting admirers as diverse and distant as China and Israel.
As any economist knows, a deficit in goods and services is a macroeconomic phenomenon reflecting a country’s domestic expenditures and savings.
The question is whether the end of “dollar diplomacy,” which the economist Barry Eichengreen predicts, will necessarily mean the rise of renminbi diplomacy.
Back in 2007, political scientist Ken Scheve and economist Matt Slaughter called for “a New Deal for globalization” in the US, one that would link “engagement with the world economy to a substantial redistribution of income.”
The economics of trade and finance that form the TPP’s foundations are rather simple, and have been known since the British political economist David Ricardo described them in the nineteenth century.
As the economist Jagdish Bhagwati points out, maintaining increased protections for, say, intellectual property may encourage research and innovation.
Furthermore, as the economist Jeffrey Sachs has pointed out, the US defense budget amounts to $1.9 billion a day – just three days of which would plug the gap facing the Global Fund.
As Kenneth Rogoff, a Harvard professor and former chief economist of the IMF notes, “It is ironic, given that we just messed up big-time, that the response of foreigners is to pour more money into us.
As the Oxford economist John Muellbauer says, treasuries and central banks have been “hammering into the consciousness of the private sector the importance of reducing gross government debt relative to GDP.”
The Swiss economist Silvio Gesell, who originally proposed a scheme of “stamped money” at the start of the last century, added a stipulation that balances unspent after a month should be taxed, to discourage hoarding.
Worse than that, at least until recently, a committee evaluating an economist would likely think that writing a popular economics book that does not repeat the received wisdom of the discipline might even be professionally unethical.
But, as the economist Edwin R. A. Seligman put it in 1889, “Economics is a social science, i.e., it is an ethical and therefore an historical science….It is not a natural science, and therefore not an exact or purely abstract science.”
A weaker dollar increases the purchasing power of US trading partners (the so-called Dornbusch effect, named for the late MIT economist Rudi Dornbusch), some of which spills over to increased demand for energy.
As the development economist Dani Rodrik recently pointed out, much of the basic investment in new technologies in the United States has been financed with public funds.
One example, flagged by the economist Jeffrey Sachs, is Sovaldi, a drug used to cure hepatitis C. As Sachs explains, the company that sells it, Gilead Sciences, holds a patent for the treatment that will not expire until 2028.
A few months ago, Olivier Blanchard, the International Monetary Fund’s chief economist, had already criticized his colleagues and policymakers in advanced countries for systematically underestimating the recessionary impact of fiscal consolidation programs.
As an economist, I favor an auction-based cap-and-trade system to put a price on carbon.
The Swedish economist Knut Wicksell raised concerns about such problems long ago.
As the Nobel laureate economist Amartya Sen compellingly argues, hunger is not caused by a scarcity of food, but by a scarcity of democracy.
This is a point that Morgan Stanley’s chief economist Stephen Roach makes in recent new book, The Next Asia.
The widespread focus on efficiency and renewable energy stems from the dissemination of the Kaya Identity, which the Japanese economist Yoichi Kaya developed in 1993.
The progressive economist says that stimulus worked, staving off a much deeper recession – if not worse – but that the measures were too timid to generate a robust recovery.
The conservative economist responds that it is precisely because the government has become so free with taxpayers’ money that households, fearful of future taxes, are hunkering down and increasing savings.
Unlike Keynesians, who focus on demand shocks, followers of the Austrian economist Joseph Schumpeter view cost shocks as important potential catalysts for structural reform and industrial upgrading – both of which are needed to avoid falling into a low-growth rut in the long term.
In a similar vein, Stephen S. Roach, former chief economist of Morgan Stanley, argues that the Fed has already made a “fatal mistake” by keeping interest rates so low for so long, thereby transforming monetary policy “from an agent of price stability into an engine of financial instability.”
On balance, considering that the Fed is under fire from both directions, perhaps a modest tightening of monetary policy is about right, says former IMF chief economist Kenneth Rogoff.
Similarly, the Nobel laureate economist Amartya Sen speaks of our “multiple identities” – ethnic, religious, national, local, professional, and political – many of which cross national boundaries.
According to an older studyby the Canadian economist John Whalley, the disadvantages of agricultural protectionism for developing countries outweigh the benefits of development aid.
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