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Economists in sentence

2720 examples of Economists in a sentence

In 1970, the Nobel laureate Milton Friedman – one of my favorite economists – wrote an influential article arguing that the only social responsibility of business is to increase its profits.
This is significant, because, in May 2010, a group of prominent German economists, led by Joachim Starbatty, commenced litigation before the German Constitutional Court in which they argued that the EU’s assistance to Greece and Europe’s new financial rescue fund violated Article 125, the EU treaty’s so-called “no bailout” clause.
My think tank, the Copenhagen Consensus, asked 27 of the world’s top climate economists to explore all the feasible policy responses, and we concluded that the best long-term investment is in green energy research and development.
An eminent panel of eight economists, including Nobel laureates Thomas Schelling, Vernon Smith, Douglass North, and Robert Fogel, analyzed new research and concluded that one of the most effective investments would be malaria control.
A new study, by economists from the University of North Carolina and Harvard University, shows that, if anything, the outcome has been even better than predicted.
So the crash presents an intellectual puzzle, and economists can build their reputations on trying to find innovative accounts.
Equally remarkable, the US will register a deficit of 2-2.5% of GDP, which is within the 2-3% range that many economists consider sustainable.
The Soviet economists seemed enthusiastic about a transition to a market economy, and I was struck by how openly they spoke to us during coffee breaks or at dinner.
I met one of the younger IMEMO economists, Maxim Boycko, and was impressed by his sincerity and intellect.
Is it fair for flower sellers to raise their prices like this?”Just as the IMEMO economists predicted, most (66%) of those who answered this question in Moscow thought it was unfair.
Economists would rather talk about interest rates or unemployment statistics - factors that are concrete and knowable.
An economy's productivity - that is, how much it produces per worker employed - depends on three factors: its endowment of capital, the quality of the country's workers and its ability to combine workers and capital efficiently to produce goods and services, what economists refer to as "total factor productivity."
Similarly, in his 2007 book Not Even Wrong: The Failure of String Theory and the Search for Unity in Physical Law, Peter Woit accused physicists of much the same sin as mathematical economists are said to commit.
Global analysis of development targets for Copenhagen Consensus by a panel of Nobel laureate economists showed where more money can achieve the most.
For two and a half centuries, economists have believed that the flow of spending in an economy goes up whenever groups of people decide to spend more.
While most economists argue that Trump is mistaken to focus on the bilateral trade deficit, many support his complaints about China’s efforts to challenge America’s technological advantage.
Over the past two years, academics, regulators, economists, and financial institutions have all linked the secular stagnation in demand with greater income inequality.
This has led some economists to question whether the euro zone is a good idea at all, and to predict that, when confronted with a test of a severe differential recession, it will break apart.
Those of you deciding to pursue careers as economists and finance scholars need to develop a better understanding of asset bubbles – and better ways to communicate this understanding to the finance profession and to the public.
Part of the difficulty of exposing this narrowness is that there is a family split among neo-classical economists between those who believe that real-world market economies approximate perfect competition and those who don’t.
Chicago economists seem to believe that real-world outcomes are acceptably unfair and, more importantly, that attempts to remedy unfairness are too costly, because tampering with markets causes economic inefficiency.
MIT economists tend to espouse the opposite: fairness is important, the real world is unacceptably unfair, and government failure can be prevented by good institutional design, including democracy.
On the contrary, heterodox economists like Thorsten Veblen and Joseph Schumpeter long ago raised many of today’s cutting-edge issues in neoclassical economics, including the role of social norms and the relationship between technological innovation and business cycles.
One reason is that liberal neo-classical economists like Stiglitz and Krugman share values with heterodox economists, and shared values are easily conflated with shared analysis.
Another reason is that heterodox and MIT School economists also often agree on policy, even if their reasoning is different.
Finally, most people are incredulous that economists could be so audacious as to enforce one view of economics.
The “many recipes” thesis enriches neo-classical economics’ contribution to the development debate, and many of its policy proposals will find support from heterodox economists.
Even if that information does not enable economists to predict future slowdowns with much accuracy, it does facilitate timely responses.
According to the Wall Street Journal, no prominent economists have endorsed Donald Trump or lined up behind his economic plan.
That is not a surprise: those economists have reputations to protect.
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