Economists
in sentence
2720 examples of Economists in a sentence
This is why most
economists
are deficit hawks.
But their failings do pose a dilemma for Democratic deficit-hawk
economists
trying to determine what good economic policies would be should Barack Obama become president.
Whatever the reason for economists’ unique status, the halo conferred by the prize can – and often has – lend credibility to policies that harm the public interest, for example by driving inequality and making financial crises more likely.
Within the Academy of Sciences, a group of center-right
economists
captured the process of selecting prizewinners.
But our research indicates that professional economists, on the whole, are more broadly inclined toward the left.
Many
economists
have responded to the failure of their discipline’s core premises by retreating into empirical investigation.
Last week,
economists
from the IADB brought their gospel to a conference in Santiago, Chile.
Some
economists
see low business investment, poor skills, outdated infrastructure, or excessive regulation holding back potential growth.
Contrary to what some right-wing
economists
argue, such free services cannot make increasing income inequality irrelevant.
Economists
call these “non-tradable activities,” because they are not undertaken with distant customers in mind.
Perhaps even more importantly, economic policy should not break a society’s confidence in itself; what
economists
call “animal spirits” must be able to reflect hope for the future.
Many development
economists
would argue that significant improvements in governance and political institutions are required before such goals can be achieved.
For many years,
economists
have been arguing that private property and competition are good for productivity and investment, relying upon a comparison between the natural gas and oil sectors.
Yet some
economists
and journalists fear that countries, in attempting to gain an advantage in global markets, will engage in competitive devaluations, triggering large-scale inflation in the process.
Many
economists
are becoming even more pessimistic, pointing to Japan as evidence that, after three decades, China’s breakneck growth may be coming to an end.
Western
economists
often criticize its economic system, but the key point is that its institutions are flexible and open to change, which implies a high degree of economic resilience.
Righting ReformMost
economists
now agree that institutional quality holds the key to prosperity.
The sheer volume of new benchmarks has development organizations and donor governments scratching their heads, so Copenhagen Consensus has commissioned
economists
to examine and prioritize the targets.
I hope that a clearer picture will emerge when a roundtable of international
economists
convenes in May to assess more than 50 solutions to different global challenges as part of the “Copenhagen Consensus” project.
In May, we’ll see how some of the world’s best
economists
– including five Nobel laureates – would invest the same money to get the biggest benefits possible.
According to fisheries economists, subsidies by some of the world’s richest countries are the only reason large-scale industrial fishing in areas beyond coastal countries’ 200-mile exclusive economic zones is profitable.
The US seems to have come as close as one can imagine to getting the proverbial “free lunch” – except that, as
economists
are fond of pointing out, there is no such thing.
Indeed, nearly all mainstream
economists
prescribe this approach for China.
Among economists, however, the consensus is that about 80% of the loss in US manufacturing jobs over the last three decades was a result of labor-saving and productivity-enhancing technological change, with trade coming a distant second.
Such polarization fuels rising inequality in the distribution of labor income, which in turn drives growth in overall income inequality – a dynamic that many economists, from David Autor to Thomas Piketty, have emphasized.
But
economists
have long understood that the distribution of wealth, as John Stuart Mill put it in his Principles of Political Economy, is “a matter of human institution solely.”
Unlike today’s public-finance economists, Smith understood that we are not rational utilitarian calculators.
To be sure, we
economists
have found that globalization appears to have played a far lesser role in growing wage inequality than have technological advances.
Two recent publications – one from the US Department of the Treasury, and another by Federal Reserve
economists
– provide an indication of where we are.
Yet the second recent publication – by several Fed
economists
– suggests that there is work to be done.
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