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Economists in sentence

2720 examples of Economists in a sentence

What, then, should economists who seek to improve the world do, if we can no longer realistically expect to nudge policy in the right direction?
Instead, he attempted to reconstruct macroeconomic thought by writing his General Theory of Employment, Interest, and Money, so that the next time a crisis erupted, economists would think about the economy in a different and more productive way than they had between 1929 and 1933.
Economists have no trouble explaining the dollar’s weakness after the fact.
The first thing to say about this is that one should be skeptical about economists’ predictions, especially those concerning the near term.
Three weeks ago, I joined a group of five Nobel laureates and three distinguished economists to undermine one of those excuses, by providing information about where money can achieve the most good.
Loss of trust probably has multiple causes, including analytical failure: central banks, regulators, market participants, rating agencies, and economists almost all failed to detect rising systemic risk in the years preceding the current crisis, much less to take appropriate corrective action.
One of Russia’s leading independent economists, Sergei Guriev, the rector of the New Economic School in Moscow, soberly noted in 2010 that“meaningful reforms look highly unlikely – for the simple reason that they would harm the interests of Russia’s ruling elites.
Bailouts of too-big-to-fail banks are unpopular among economists, policymakers, and taxpayers, who resent special deals for financial bigwigs.
Why Economists Missed the Arab SpringLONDON – The sixth anniversary of the Arab Spring uprisings this year came and went largely unnoticed.
And one of the most important is why economists failed to anticipate the unrest.
Economists have a less-than-impressive record when it comes to predicting even economic crises.
Were economists focused on the wrong indicators?
But the number one priority for economists – indeed, for humankind – is finding ways to spur equitable economic growth.
Such a trend could have consequences extending far beyond the personal or the emotional, creating a population that is, to borrow a phrase from the Nobel-laureate economists George Akerlof and Robert Shiller, easily phished for phools.
To be sure, it is not clear that economists will have a comparative advantage in addressing these problems.
But, for now at least, behavioral economists like Akerlof, Shiller, Richard Thaler, and Matthew Rabin seem to be leading the field.
Reinventing EconomicsNEW HAVEN – The widespread failure of economists to forecast the financial crisis that erupted in 2008 has much to do with faulty models.
So economists assume that people do indeed use all publicly available information and know, or behave as if they knew, the probabilities of all conceivable future events.
Economists have also been right to apply his theory to a range of microeconomic issues, such as why monopolists set higher prices.
Economists such as Barry Eichengreen, Jeffrey Sachs, and Ben Bernanke have helped us to understand that these anomalies were the result of individual central banks’ effort to stay on the gold standard, causing them to keep interest rates relatively high despite economic weakness.
In fact, the failure of economists’ models to forecast the current crisis will mark the beginning of their overhaul.
This will happen as economists’ redirect their research efforts by listening to scientists with different expertise.
Economists spoke derisively of a “Hindu rate of growth.”
India’s misfortune, in the economist Jagdish Bhagwati’s famous aphorism, was to be afflicted with brilliant economists.
Several economists object to either course.
Another point against tax cutting echoes Paris economists in the 1980s.
In a recent paper following up on their book This Time is Different, the economists Carmen Reinhart and Kenneth Rogoff concluded that debt/GDP ratios above 90% tend to be associated with an annual growth slowdown of a full percentage point for 23 years.
In the economists’ world, morality should not seek to control technology, but should adapt to its demands.
By contrast, the virtuous Chinese, who save a large proportion of their incomes, were castigated by Western economists for their failure to understand that their duty to humanity was to spend.
Economists who pretend that this would be anything less than an economic and political catastrophe for Greece should look closely at the structure of Greek trade, the anemic response of exports to the already huge internal devaluation, and company and household balance sheets.
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