Economists
in sentence
2720 examples of Economists in a sentence
But
economists
should match honesty about what their research says with honesty about the inherently provisional nature of what passes as evidence in their profession.
Journalists, politicians, and the general public have a tendency to attribute greater authority and precision to what
economists
say than
economists
should really feel comfortable with.
Unfortunately,
economists
are rarely humble, especially in public.
There is one other thing that the public should know about economists: It is cleverness, not wisdom, that advances academic economists’ careers.
We work with the world’s top specialist economists, including Nobel laureates, to determine the best ways to fight humanity’s biggest challenges.
Even with dozens of compelling investments to choose from, Nobel laureate
economists
poring over the data found that measures to combat malnutrition were among the most powerful options.
This is not just an academic debate between Western Keynesian and supply-side economists, now being played out on the other side of the world.
Once Korean students overthrew the dictatorship of Park's successor, Chung Doo-hwan, Korean scientists, engineers, economists, and others, returned home en masse , bringing knowledge acquired in the US with them.
Beginning in early 2015, the Bangladesh Priorities project commissioned dozens of teams of specialist
economists
from Bangladesh and around the world to study 76 concrete solutions to improve the country’s future.
Education economists, for example, analyzed the best education solutions for Bangladesh, estimating the costs and benefits of each.
Last month, an eminent panel of four top
economists
– three leading Bangladeshi scholars and a Nobel laureate in economics – met in Dhaka to examine the results.
Having read all the research, the panel spent three days discussing and challenging the findings with the specialist
economists.
So, when the education
economists
provided an analysis on putting children into classes according to ability, the eminent panel would question the assumptions and probe the outcomes to see if the finding stood up.
The die was cast in the form of a seminal 2002 paper by US Federal Reserve staff economists, which became the blueprint for America’s macroeconomic stabilization policy under Fed Chairs Alan Greenspan and Ben Bernanke.
This grim reality may not last (not all
economists
agree that it will); but citizens can be forgiven for taking reality at face value.
With few exceptions, Wall Street
economists
try to give as upbeat an interpretation as the data will allow: they want their clients to buy stocks, and gloom-and-doom forecasts do little to sell them.
For individual central banks or economists, to do so would be sacrilege.
Economists
call it “intra-industry” trade.
A few Keynesian
economists
stand against this stampede to retrenchment – Paul Krugman, Joseph Stiglitz, and Brad DeLong in the United States;Martin Wolf, Samuel Brittan, Danny Blanchflower, and I in the UK; and Paul de Grauwe and Jean-Paul Fitoussi in continental Europe.
Yet today most
economists
model unemployment as “voluntary” – a rational preference for leisure rather than work.
Other economists’ work – for example, George Akerlof’s seminal paper on the market for lemons – had laid the foundations for this research on price rigidities.
If and when that happens, we must hope that the BIS economists, derided in London while it was riding high, are not entirely wrong.
A recent study by Federal Reserve
economists
concluded that America’s protracted high unemployment will have serious adverse effects on GDP growth for years to come.
One team of
economists
has found that respondents “primed” by references to lobbyists or the Wall Street bailout display significantly lower levels of support for anti-poverty policies.
Economists
such as Robert Gordon of Northwestern University argue that this slump in productivity growth reflects the stagnation of technology.
Many
economists
now believe that in the member states hit hardest by the 2008 global financial crisis and the subsequent euro crisis, “austerity” aggravated the recession.
China’s government, too, was generally comfortable with the arrangement, though some Chinese
economists
have long warned that running a trade surplus with the US was not in China’s long-term interests, for a few key reasons.
Economists
believe that market forces drive prices to fundamentals.
Economists
reminded them that this growth is not sustainable, and has never been inclusive.
The idea that it is rational for a company to incur enormous losses by selling below cost in order to achieve or maintain a monopoly position has been roundly criticized by
economists
who argue that situations in which such losses can be recouped by subsequent monopoly profits are extremely rare.
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