Economists
in sentence
2720 examples of Economists in a sentence
Nevertheless, mainstream
economists
believe that economic actors possess enough information to lend their theorizing a sufficient dose of reality.
Some of the world’s top
economists
– including four Nobel laureates – answered this question at the Copenhagen Consensus in 2004, listing all major policies for improving the world according to priority.
The Commission’s New Climate Economy project brings together seven leading policy research institutes from six continents, overseen by a panel of former heads of government and finance ministers and prominent business leaders, and advised by a panel of leading
economists
from across the world.
As science makes clear how imperative the climate question is, it is time for
economists
and policymakers to explain how it can be answered.
So the debunking of methodological flaws and a coding error in a paper by the
economists
Carmen Reinhart and Kenneth Rogoff is just part of everyday life in academia.
The problem was that
economists
were unable to say how much is too much.
Economists
were like doctors telling patients that, while some wine may be beneficial, too much is certainly dangerous – without being able to tell them how many glasses per day they were allowed.
Economists
should also pay less attention to inequality in the aggregate, and more on the specific policies that might increase or reduce inequality.
But policymakers have different priorities than
economists
do.
This is like the joke about the two
economists
who ignore a $100 bill they see lying on the street, figuring that if the money were real someone would have picked it up.
Many central bankers and
economists
argue that today’s rising global inflation is just a temporary aberration, driven by soaring prices for food, fuel, and other commodities.
Economists
applauded Argentina’s attempt to avoid this outcome through a deep restructuring accompanied by the GDP-linked bonds.
Later,
economists
in the Austrian tradition noted that imbalances affecting the real side of the economy (“malinvestments”) were of equal concern.
Finally, many
economists
in recent decades have identified how excessive leverage can do lasting damage to both the real and financial sides of the economy.
Recalling John Maynard Keynes’s dictum that “the world is ruled by little else” but “the ideas of
economists
and political philosophers,” perhaps policymakers need new ideas.
And
economists
have started to calculate that if China were to continue its prodigious growth rate, it would soon occupy far too large a share of the global economy to maintain its recent export trajectory.
Progressive
economists
argue that the weakening of unions in the US, together with tax policies favoring the rich, slowed middle-class income growth, while traditional transfer programs were cut back.
The Resource Curse RevisitedThere is a curious phenomenon that
economists
call the resource curse - so named because, on average, countries with large endowments of natural resources perform worse than countries that are less well endowed.
Abe is doing what many
economists
(including me) have been calling for in the US and Europe: a comprehensive program entailing monetary, fiscal, and structural policies.
In their recent book Why Nations Fail, the
economists
Daron Acemoglu and James Robinson suggest that elections – even those that are free and fair – do not necessarily move societies from what they call “extractive” to “inclusive” systems.
Economists
tend to analyze trade agreements in such terms, rendering the Petri-Plummer model more congenial to them.
The trouble is that the real world has not lined up so neatly with trade economists’ assumptions.
Recent empirical work by three academic
economists
– David Autor (MIT), David Dorn (University of Zurich), and Gordon Hanson (UC-San Diego) – shows that the critics have a point (and then some).
Economists
do not fully understand why expanded trade has produced the negative consequences for wages and employment that it has.
If that happens, the ECB may well be compelled to initiate large-scale purchases of eurozone government bonds through its so-called “outright monetary transactions” scheme – a plan that many German policymakers and
economists
staunchly oppose.
This scheme for recapitalizing banks has three advantages over others that have been suggested by
economists
and politicians.
Ethics and InfrastructureATHENS – Following the publication of the International Monetary Fund’s latest World Economic Outlook, high-profile
economists
like Olivier Blanchard, Larry Summers, Mario Monti, and Reza Moghadam have come out in favor of revising the eurozone’s fiscal rules to allow for public investment aimed at accelerating its economic recovery.
Some progressive
economists
want even more.
Some
economists
argue that, unlike past recessions, in which workers were temporarily laid off from an industry only to be rehired as the recovery picked up, job losses starting in 1991 were more permanent.
The true advocates of the end of austerity – including the
economists
Joseph Stiglitz, Paul Krugman, and Simon Wren-Lewis – do so from a European perspective.
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