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Economists in sentence

2720 examples of Economists in a sentence

“Behavioral economists,” by contrast, acknowledge that currencies can depart from parity for a long period.
Austerity and its DiscontentsAusterity is always a bitter pill, and one that a growing chorus of political and business leaders, economists, and voters is refusing to swallow.
Britain’s Path of DenialSANTIAGO – Visit London nowadays and you will notice something strange going on: the worse the British economy tanks, the more fervently Prime Minister David Cameron’s ministers and Tory economists insist that draconian spending cuts are good for economic growth.
In the jargon of economists, low demand will engender low supply, making a non-inflationary recovery even more difficult to achieve.
The Harvard economists Lant Pritchett and Lawrence Summers have concluded that regression to the mean would place Chinese growth at 3.9% for the next two decades.
Un-wedging America without a crisis – attaining the economists’ grail of a “soft landing” – requires that a great many people and institutions with enormous holdings of dollar-denominated assets passively stand by and take no action while those dollar-denominated assets lose a third or more of their value against other currencies.
While Adam Smith started us on the optimistic belief that an invisible hand would take care of most coordination issues, in the intervening period economists discovered all sorts of market failures, informational imperfections, and incentive problems, which have given rise to rules, regulations, and other forms of government and societal intervention.
MONTREAL – Much commentary about the American economy nowadays leaves the impression that economists should fix its problems.
But Washington is teeming with smart economists, and the problems remain.
When economists boast about America’s great productivity, what they have in mind is exploration – finding ways to do things better, especially through superior processes.
So are economists who study clouds without ever getting wet.
The Fund is staffed by a large number of smart economists, who lack much connection to (and appreciation for) the institutional realities of the countries on which they work.
But even leaving aside the fiscal implications, many labor economists now believe that early retirement has failed to open up jobs for young people and reduce unemployment rates.
Economists who, under Presidents Ronald Reagan and George H. W. Bush, talked such a good game about excessive tax burdens and the importance of balanced budgets went very quiet after Clinton took office in January 1993, and stayed quiet after January 2001, when George W. Bush’s administration dismantled so much of what the Clinton administration had accomplished.
It hardly takes a team of IMF economists to answer these questions.
African governments sharply reduced or eliminated duties on imported rice in the 1990’s, urged on by the World Bank, the International Monetary Fund, and influential free-market economists.
Economists long ago recognized that it is theoretically possible that the emergence of new growth poles abroad does more harm than good to an economy.
All economists agree that we should allow the automatic stabilizers to work.
Economists see a case for trade agreements for large countries because these countries can manipulate their terms of trade – the world prices of the goods they export and import.
Other things being equal, most economists will agree that debt finance leads to greater instability than equity finance.
Yet such claims have been rejected by virtually all mainstream economists, including the economic advisers of both Reagan and Bush.
Those administrations implemented their cuts anyway – and, as economists had warned, budget deficits increased sharply.
China’s Next StimulusBEIJING – Since last November, economists and the media alike have been hailing supply-side structural reform as a groundbreaking solution to China’s economic woes.
But economists, including many central bank staff, usually do not see things this way.
In contrast, “behavioral economists” acknowledge that currencies can depart from parity for a protracted period, but argue that this results not from traders’ attempts to interpret movements in macroeconomic fundamentals, but from market psychology and irrational trading.
Only by explicitly acknowledging the limits to economists’ and policymakers’ knowledge would such policies have a chance of succeeding.
Nowhere is this clearer than in discussions of the United States’ trade deficit and global financial imbalances, given economists’ tendency to reduce most economic problems to questions of savings.
Most economists go a step further, asserting that the US deficit is caused by a savings shortage.
That requires expanding markets in developing countries, which means tackling income inequality and getting income into the right hands – an enormous organizational challenge that is off the radar because economists focus exclusively on savings and supply-side issues.
This is precisely the kind of counter-cyclical macroprudential policy that economists often recommend.
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