Economists
in sentence
2720 examples of Economists in a sentence
Disagreements among
economists
are healthy.
If conservative politicians and
economists
in Europe’s north continue to insist on the wrong overall macroeconomic policy mix in Europe, they could yet bring about the end of the eurozone, and, with it, the end of the European project of peace and integration as we have known it for decades.
The FDP’s ideas have broad support in Germany and among German
economists
(and are shared by a number of other European economists).
But few people – whether ordinary citizens or internationally oriented
economists
– recognize that our seemingly weak and ineffectual multilateral institutions are the world’s best hope for managing and democratizing the global market.
To be sure, a growing number of mainstream
economists
are paying attention to the costs of unfettered global markets.
Yet many
economists
are as ambivalent about “global” rules and institutions as ordinary people are.
Economists
look at the impact on sustainable growth.
Instead, it should be an occasion for reflection on the role of ideological groupthink among economists, including Bernanke, in contributing to the global economic and financial crisis.
Almost without exception, mainstream
economists
failed to foresee the crisis, and even the few who did get the logic and unfolding of events wrong.
This political turmoil suggests that economists’ priorities may not have been entirely appropriate.
Economists’ usual answer is to call for “greater labor market flexibility”: workers should simply leave depressed areas and seek jobs elsewhere.
Alternatively,
economists
might recommend compensating the losers from economic change, through social transfers and other benefits.
Other
economists
have advocated regionally targeted manufacturing extension programs, fostering partnerships between local employers and universities.
As Cass and Rajan show, it is a problem that
economists
should no longer ignore.
Most
economists
are certain that human capital is as important to productivity growth as physical capital.
Economists, however, privilege efficiency over redundancy – an approach that, despite its obvious merits, also has shortcomings.
But, when it comes to investment decisions,
economists
focus on the most efficient use of resources, as revealed by cost-benefit analysis.
Economists
should recognize the limitations of cost-benefit analysis and offer a more rigorous method for analyzing the non-marginal, non-linear feedback mechanisms that affect major investments.
Though Piketty is right that returns to capital have increased in the last few decades, he is too dismissive of the wide-ranging debate among
economists
concerning the causes.
The
economists
Carmen Reinhart and Kenneth Rogoff have received an astounding amount of press attention since it was discovered that they made a spreadsheet error in a 2010 paper that examined the statistical relationship between debt and growth.
Economists
largely agree that this trend toward inequality is unsustainable, but they differ on how to curb it.
When contemporary
economists
think of economic dualism, they think first and foremost of the Nobel laureate Sir W. Arthur Lewis.
Last year, the Copenhagen Consensus – an esteemed panel of
economists
including several Nobel Laureates – ranked child nutrition as the top priority on its list of cost-effective investments that would improve global welfare.
Consequently, many
economists
and politicians concluded that paper money could be more easily controlled and more stable.
But economists’ abstract description of the resulting state intervention as an expansion of “aggregate demand” conceals the fact that the government conducts specific expenditures and makes political decisions that rescue specific businesses and individuals.
Many in Paris will argue in favor of putting a price on carbon, which most
economists
believe would channel consumption away from carbon-intensive fuels.
Economists
have been much criticized for the post-2008 Great Recession, but thanks to prompt fiscal and monetary action based on macroeconomic theory, GDP fell by only 3.1% in the United States.
Economists
estimate that global free trade, enabled by many successful rounds of multilateral talks (most recently the Uruguay Round, culminating in the establishment of the World Trade Organization), has boosted worldwide income substantially.
Economists
enamored of the neo-liberal Washington Consensus may have written it off, but successful economies have always relied on government policies that promote growth by accelerating structural transformation.
One could argue that men, too, are promoted or penalized on the basis of their appearance; indeed,
economists
have found that those with an “above-average” appearance earn 5% more than their “less attractive” counterparts, and that workers with a “below-average” appearance earn 7-9% less than their “average” counterparts.
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