Economists
in sentence
2720 examples of Economists in a sentence
Economists
who become policy advisors are great fans of simplicity, uniformity, and arm's-length relations between government and the private sector, not because of economic theory or empirical evidence, but because of unexamined and untested assumptions.
Economists
ended up practicing public administration without license.
For economists, the challenge is to work out the operational implications of these universal principles in specific economies.
Failing that, it is time for
economists
to stop pretending that we have all the answers.
Economists
have been trying to produce more robust answers to those questions.
Exchange rates do not always accord with economists’ models.
There are several potential explanations for what
economists
call the “productivity puzzle.”
Yet some
economists
suggest that we are not correctly measuring the output of cheaper software – as opposed to hardware – and the many benefits of the free goods associated with the Internet.
A related explanation emphasizes the phenomenon that
economists
call hysteresis: A persistent cyclical downturn or weak recovery (like the one we have experienced since 2008) can reduce potential growth for at least two reasons.
Rightly so:
economists
have plenty to answer for.
It was
economists
who legitimized and popularized the view that unfettered finance was a boon to society.
On Keynesian fiscal stimulus, economists’ views range from “absolutely essential” to “ineffective and harmful.”
The fault lies not with economics, but with
economists.
The problem is that
economists
(and those who listen to them) became over-confident in their preferred models of the moment: markets are efficient, financial innovation transfers risk to those best able to bear it, self-regulation works best, and government intervention is ineffective and harmful.
Labor
economists
focus not only on how trade unions can distort markets, but also how, under certain conditions, they can enhance productivity.
Trade
economists
study the implications of globalization on inequality within and across countries.
Economics’ richness has not been reflected in public debate because
economists
have taken far too much license.
Instead of presenting menus of options and listing the relevant trade-offs – which is what economics is about –
economists
have too often conveyed their own social and political preferences.
Furthermore,
economists
have been reluctant to share their intellectual doubts with the public, lest they “empower the barbarians.”
When
economists
disagree, the world gets exposed to legitimate differences of views on how the economy operates.
Romney has said that he would not reappoint Ben Bernanke as Fed Chairman (likely candidates:
economists
Glenn Hubbard, Greg Mankiw, John Taylor, and Martin Feldstein).
What Use Are
Economists?
CAMBRIDGE – When the stakes are high, it is no surprise that battling political opponents use whatever support they can garner from
economists
and other researchers.
Three
economists
from the University of Massachusetts at Amherst then did what academics are routinely supposed to do – replicate their colleagues’ work and subject it to criticism.
The problem lies elsewhere, in the way that
economists
and their research are used in public debate.
A solution that will not work is for
economists
to second-guess how their ideas will be used or misused in public debate and to shade their public statements accordingly.
But few
economists
are sufficiently well attuned to have a clear idea of how the politics will play out.
Moreover, when
economists
adjust their message to fit their audience, the result is the opposite of what is intended: they rapidly lose credibility.
For fear of empowering the “protectionist barbarians,” trade
economists
are prone to exaggerate the benefits of trade and downplay its distributional and other costs.
As a result,
economists
are rarely viewed as honest brokers in the public debate about globalization.
Back
Next
Related words
Their
Economic
Would
Growth
Which
About
Financial
World
Policy
Economy
Should
Other
Crisis
Including
There
Among
Policymakers
Trade
Global
Countries