Economists
in sentence
2720 examples of Economists in a sentence
But many
economists
have come to believe that much of this is smoke and mirrors.
Debt and DelusionNEW HAVEN –
Economists
like to talk about thresholds that, if crossed, spell trouble.
If
economists
did not habitually annualize quarterly GDP data and multiply quarterly GDP by four, Greece’s debt-to-GDP ratio would be four times higher than it is now.
Economists
who adhere to rational-expectations models of the world will never admit it, but a lot of what happens in markets is driven by pure stupidity – or, rather, inattention, misinformation about fundamentals, and an exaggerated focus on currently circulating stories.
And, as scientists become gloomier and underline the urgency of tackling climate change,
economists
are becoming increasingly optimistic about the opportunities implied by a low-carbon future.
Brazil is now trapped in a vicious circle, or what
economists
call a “bad equilibrium.”
But a forthcoming report by two highly respected
economists
– Jean Pisani-Ferry, the French government’s Commissioner-General for Policy Planning, and Henrik Enderlein, a key leader of a reformist group of German
economists
– will propose a way forward.
This is why the advice German leaders receive from White House advisers and even from some German
economists
– that Germany would be better off abandoning the euro and letting its currency appreciate – makes little sense.
Economists
regard migration as a movement of individuals in search of a better life and call for more immigration to offset population aging, or to provide workers to do the “dirty jobs.”
Now watch this video on the challenges facing France’s President-elect Emmanuel Macron:Mario Monti’s Nordic DreamROME – Mario Monti, Italy’s prime minister, is a self-styled German among Italian
economists.
It’s hard to disagree with Bernanke’s sentiment: economics would be useful if
economists
were, indeed, likeMcCulloch’s parrots – i.e., if they actually looked at supply and demand.
But I think that much of economics has been discredited by the manifest failure of many
economists
to be as smart as McCulloch’s parrots were.
Once again, an adequately trained parrot, unlike many
economists
nowadays, would ask whether the economic problems that current levels of government debt are causing reflect too much public debt supplied by governments or too much public debt demanded by the private sector.
The question that will be a mystery to them is why so many
economists
of our day did not know how to say: “supply and demand, supply and demand.”
Economists
call such events “shocks” precisely because they come unexpectedly and can have far-reaching consequences.
With respect to monetary policy, the United States’ unemployment rate, at around 5%, is close to what most
economists
consider full employment, and the Federal Reserve is widely expected to raise its target interest rate again in December.
Lately, the
economists
who are most influential with left-leaning politicians seem hopeful that growth, employment, and incomes will rise if policymakers embrace massive new deficit-financed spending to create demand for goods and services.
But this argument ignores the typically large gap between what
economists
devise and what politicians promise, and what public-spending programs actually deliver.
For some economists, the Dream was the hope of an improving standard of living: the dream of progress.
Friedman was one of the twentieth century’s leading economists, a Nobel Prize winner who made notable contributions to monetary policy and consumption theory.
Altogether too many left-leaning
economists
(including some who ultimately worked on the 2016 presidential campaign of Senator Bernie Sanders in the US) were diehard supporters of the Venezuelan regime.
Queen Elizabeth II asked
economists
during a visit to the London School of Economics at the end of 2008.
Many policymakers and
economists
have observed that the recovery from the 2007-2008 financial crisis has been much slower than most recoveries of the post-war era, which needed only a little more than a year, on average, to restore output and employment to their previous levels.
The report requires
economists
to revise our view of the US economy.
At the same time, natural scientists must become better educated to work effectively with engineers, public administrators, and social scientists (for example, economists, demographers, and psychologists) to communicate the consequences of scientific findings, especially when high risks are involved.
Perhaps the most well-known recent example has been the Nobel laureate Paul Krugman’s campaign against the
economists
Carmen Reinhart and Kenneth Rogoff, in which he moved quickly from criticism of an error in one of their papers to charges about their commitment to academic transparency.
Part of the answer is that economics is an inexact science, with exceptions to almost every pattern of behavior that
economists
take for granted.
For example,
economists
predict that higher prices for a good will reduce demand for it.
Economists
cannot be so sanguine.
But, for
economists
who actively engage the public, it is hard to influence hearts and minds by qualifying one’s analysis and hedging one’s prescriptions.
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