Economists
in sentence
2720 examples of Economists in a sentence
But such people exist only in economists’ models.
Not even stern University of Chicago
economists
believe that anymore.
The other part of the explanation follows from what the
economists
Guillermo Calvo and Carmen Reinhart call “fear of floating.”
The result is that the process of internal devaluation, as
economists
call it, is occurring very slowly.
Many
economists
and politicians are calling for just that.
But, far from decrying this as a major failure of global policy coordination,
economists
should accept imbalances as the natural state of the world and try to manage the resulting distortions.
In 2015, United Nations member states adopted the Sustainable Development Goals (SDGs), which call for recognizing, reducing, and redistributing unpaid care work – a measure long proposed by feminist
economists
and gender-equality advocates.
The classical
economists
such as John Stuart Mill saw this as both economically illogical and ethically unacceptable.
A New Vision for the World BankLIMA – Finance ministers, central bankers, and development
economists
are gathering in Lima, Peru, for the World Bank’s annual meetings, where the debate will focus on how the institution’s agenda fits our changing world.
Nowadays, many
economists
complain that the financial crisis did not prompt a serious rethinking of conventional economics.
And yet many
economists
still call for more macroeconomic stimulus, seemingly unaware of the damage such policies have caused.
The Nobel laureate
economists
Paul Krugman and Joseph E. Stiglitz argue that Europe’s problems stem from insufficient fiscal and monetary stimulus, and from structural flaws in the eurozone.
Economists
must learn from engineering students, as it will be engineers building the future workforce.
In the project RethinkHIV, the Copenhagen Consensus Center and the Rush Foundation asked 30 of the world’s top HIV economists, supported by epidemiologists, demographers, and medical professionals, to analyze the most promising responses to the epidemic in the world’s worst-hit region, sub-Saharan Africa.
To spark a dialogue about HIV/AIDS priorities based on the RethinkHIV research, the Copenhagen Consensus Center and the Rush Foundation asked five world-class
economists
– including three Nobel laureates – to form their own conclusions about how best to spend additional funding.
Productive heterogeneity – or what development
economists
used to call economic dualism – has always been a central feature of low-income societies.
That is not true, of course:
economists
deride the idea that there is a given number of jobs to be divided up as the “lump of labor fallacy.”
The Poverty of StimulusPASADENA, CALIFORNIA – Most
economists
think that macroeconomic disruptions, such as the current recession, can be understood in terms of aggregate indicators such as total employment, the price level, and the money supply.
Foreign leaders and moral authorities had voiced unambiguous concern about the consequences of an exit, and
economists
had overwhelmingly warned that leaving the EU would entail significant economic costs.
Furthermore, the suspicion that
economists
have been captured by the financial industry, expressed in the 2010 movie Inside Job, has not been dispelled.
Most economists, let alone specialists in other disciplines, regard such accusations as unfair, because only a few of them devoted themselves to scrutinizing financial developments; yet their credibility has been seriously dented.
There is some substance in this argument: although not all economists, and certainly not all social scientists, advocate international integration, they are undoubtedly more inclined toward highlighting its benefits than the average citizen is.
As Ravi Kanbur of Cornell University pointed out long ago,
economists
(and policymakers) tend to look at issues in the aggregate, to take a medium-term perspective, and to assume that markets work well enough to absorb a large part of adverse shocks.
If
economists
and other experts want to regain their fellow citizens’ trust, they should not be deaf to these concerns.
For economists, humility also implies listening to people from other disciplines.
Third,
economists
should move beyond the (generally correct) observation that such distributional effects can be addressed through taxation and transfers, and work out how exactly that should happen.
To most economists, however, Glimcher might as well have come from outer space.
Much of modern economic and financial theory is based on the assumption that people are rational, and thus that they systematically maximize their own happiness, or as
economists
call it, their “utility.”
Under Samuelson’s guidance, generations of
economists
have based their research not on any physical structure underlying thought and behavior, but only on the assumption of rationality.
He concluded that much of our business cycle is driven by fluctuations in “animal spirits,” something in the mind – and not understood by
economists.
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