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Economists in sentence

2720 examples of Economists in a sentence

A decade ago, economists were optimistic that flexible exchange rates would allow emerging markets to insulate their economies from monetary-policy shocks coming from the developed countries.
CAMBRIDGE – As China and the United States engage in their latest trade tussle, most economists take it as given that China will achieve global economic supremacy in the long run, no matter what happens now.
Many economists, including many of the same experts who see China’s huge labor force as a decisive advantage, also worry that robots and artificial intelligence will eventually take away most jobs, leaving most humans to while away their time engaged in leisure activities.
Economists might respond by suggesting that mortgages, insurance contracts, and other agreements could be indexed to the price level, adjusting payments to the contemporary rate of inflation.
The Copenhagen Consensus Center – a think tank where I serve as director – recently asked a large group of top climate economists to explore the costs and benefits of different responses to global warming.
At the same time, we convened a second, equally stellar group of economists, including three Nobel laureates, to examine all of the research and rank the proposals in order of desirability.
CAMBRIDGE – The world economy will shrink this year for the first time since 1945, and some economists worry that the current crisis could spell the beginning of the end of globalization.
Globalization has several dimensions, and, though economists all too often portray it and the world economy as being one and the same, other forms of globalization also have significant effects – not all of them benign – on our daily lives.
A recent paper by two Oxford University economists estimates that up to 47% of all jobs in the US are at risk.
They have the backing of luminaries like the Nobel laureate economist Paul Krugman, who, building on the pioneering work of economists David Card and Alan Krueger, argues that raising the minimum wage need not destroy a lot of jobs (as conservative opponents insist) – and may even create some.
In 2009, economists expect growth to contract by up to 8%, with a further steep decline likely next year.
Economists vs. EconomicsCAMBRIDGE – Ever since the late nineteenth century, when economics, increasingly embracing mathematics and statistics, developed scientific pretensions, its practitioners have been accused of a variety of sins.
But the profession’s internal critics are wrong to claim that the discipline has gone wrong because economists have yet to reach consensus on the “correct” models (their preferred ones of course).
At least as I read the history, by 1829, Western Europe’s technocratic economists had figured out why these periodic grand mal economic seizures occurred.
Over the following century, economists like John Stuart Mill, Walter Bagehot, Irving Fisher, Knut Wicksell, and John Maynard Keynes devised a list of steps to take in order to avoid or cure a depression.
China’s New Inflation ConstraintBEIJING – China’s economic-growth rate slowed in the second quarter of this year to 7.5% year on year, down from 7.7% in the January-March period, in line with Chinese economists’ forecasts in recent months.
At the start of 2013, however, economists – both at home and abroad – were much more upbeat about the prospects for Chinese growth.
According to research published in 2003 by the economists Christina Romer and David Romer, the quality of monetary policy depends critically on whether central bankers have a clear and nuanced understanding of policy making and inflation.
Public discussion of new ways to finance retirement pension plans, or of introducing a negative income tax, sounds sweet to economists of all stripes, but it does not exactly mobilize public opinion.
Samuelson, a Nobel laureate, was the doyen of American economists: his famous textbook, Economics went through 14 editions in its author’s lifetime, introducing future economists worldwide to the rudiments of their craft.
Reading The Samuelson Sampler, it is extraordinary to realize just how confident economists of his generation were that the New Economics (as the Keynesian approach was called in America) had solved the problem of depression and mass unemployment.
How many economists or politicians believe this today?
“Still to be argued out within the guild [of economists],” Samuelson wrote in 1969, “is the proper quantitative potency of monetary versus fiscal policy.”
Economists have long studied the economics of superstars in fields where a company can lever enormously the decisions of a small number of individuals, making them valuable in a way that someone who can, say, chop down trees like the legendary Paul Bunyan, is not.
Economists agree that, at full employment, higher government spending crowds out private spending.
Most economists agree that the renminbi is probably undervalued.
There is the usual call from international organizations and some economists for “structural reforms,” which in this context largely means increasing firms’ ability to fire workers.
Having suffered what economists call a “sudden stop,” many parts of the US economy were imploding or had ceased to function – to extend the medical metaphor, even the most vital organs were threatened.
Indeed, many academic economists believe that central bankers could perfectly well be replaced with a computer programmed to implement a simple rule that adjusts interest rates mechanically in response to output and inflation.
American-Made Financial RepressionHONG KONG – A generation of development economists owe Ronald McKinnon, who died earlier this month, a huge intellectual debt for his insight – introduced in his 1973 book Money and Capital in Economic Development – that governments that engage in financial repression (channeling funds toward themselves to reduce their debt) hamper financial development.
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