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Economists in sentence

2720 examples of Economists in a sentence

McDonnell raised this idea in what was decidedly a political speech; and policy experts and economists have reacted skeptically.
Many mainstream economists, from Martin Weitzman and Richard B. Freeman to Joseph E. Stiglitz, Debraj Ray, and Kalle Moene have proposed variants of the concept.
Despite a strong consensus among economists that Puerto Rico needs a radically different economic and debt-restructuring plan, the relevant policymakers do not seem to be listening.
In pursuing them, Varoufakis felt empowered by the scale of Syriza’s electoral win and compelled by economic logic to press three issues that many economists believe must be addressed if sustained growth is to be restored: less and more intelligent austerity; structural reforms that better meet social objectives; and debt reduction.
The individual became the ultimate agent of change – an individual conceived as the type of rational actor that populates economists’ models.
If politics is to retake the field of values from the fanatics, the charlatans, and the economists, it must be rebuilt from the ground up.
In February, I participated in seminars in Yangon (Rangoon) and the recently constructed capital, Naypyidaw, organized by one of the country’s leading economists, U Myint.
The events were momentous, owing both to large and actively engaged audiences (more than a thousand in Yangon), and to the thoughtful and moving presentations by two world-famous Burmese economists who had left the country in the 1960’s and were back for their first visit in more than four decades.
And they, not academic economists, formulate policy.
Meanwhile, many of North America’s Keynesian economists, such as Nobel laureates Paul Krugman and Joseph Stiglitz, sympathize with Greece’s anti-austerity stance.
Other economists, mainly in Europe, argue that Germany must assume a political role befitting its economic preeminence and must accept sovereignty-sharing (and burden-sharing) arrangements to ensure the monetary union’s cohesion and sustainability.
MELBOURNE – In an essay published last month in The Guardian, 15 leading economists – including the Nobel laureates Angus Deaton, James Heckman, and Joseph Stiglitz – criticized what they call “the ‘aid effectiveness’ craze” on the grounds that it leads us to ignore the root causes of global poverty.
The economists’ essay then tells us that the supposed failure to make progress in reducing global poverty comes despite “hundreds of billions of dollars of aid.”
The next target for the 15 economists is the use of randomized controlled trials to test whether interventions are effective.
As noted, however, the economists’ major objection to this kind of evidence is that it leads us to focus on “micro-interventions” that do not tackle the underlying causes of poverty.
But who are the economists addressing?
A Greek Morality TaleNEW YORK – When the euro crisis began a half-decade ago, Keynesian economists predicted that the austerity that was being imposed on Greece and the other crisis countries would fail.
But, when firms’ efforts to create shareholder value lead to such far-reaching consequences – or “externalities,” in economists’ parlance – for the rest of society, the argument that self-interest advances social welfare falls apart.
Starting with the policy record, Stiglitz is right to assert that economists should not be expected to agree on issues of political feasibility.
To my mind, the Nobel Committee should have recognized not just Nordhaus but also some of these other economists of climate change, particularly Stern.
Economists at the Bank for International Settlements (BIS) have maintained that the costs of the crisis were so large, and the cleanup so long, that we should surely now look for ways to act pre-emptively when we again see a dangerous build-up of liquidity and credit.
I usually start my answer by stressing that, like almost all economists, I oppose tariffs in general.
We economists tend to view abdication of US world leadership as a historic mistake.
For example, some economists opposed the Trans-Pacific Partnership (a 12-country trade deal that would have covered 40% of the global economy) on the questionable grounds that it would have harmed American workers.
As a result, economists said, Japanese corporate behavior would be characterized by over-borrowing.
Outside Japan, Asia policymakers certainly don’t seem amenable to exchange-rate appreciationSince the beginning of this decade, at least a few economists (including me) have warned that the global trade and current-account imbalances needed to be reined in to reduce the chance of a severe financial crisis.
Surely, as the economists Arvind Subramanian and John Williamson have written, emerging markets deserve the IMF’s help in designing better prudential controls over capital inflows instead of having their wrists slapped.
Trillion-dollar deficits as far as economists can project are prima facie evidence that the arc of fiscal policy in the US bends in the wrong direction.
The Tax Cuts and Jobs Act of 2017 and the Bipartisan Budget Act of 2018 are projected to put the deficit above $1 trillion by next year, even as most economists project the unemployment rate to move lower.
And the Fed’s change in policy comes at a time when its own economists believe that US fiscal policy is inappropriately restrictive.
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