Alan Blinder Quotes
-
There is a kind of a cascading chain, ... If one can't sell, then that business doesn't buy and that means the next business doesn't sell, and the previous business doesn't sell, and so on.
→ -
Public opinion is presumptively an input to policy formation in a democracy because politicians respond to it or at least are believed to respond [to it].
→ -
And the maestro surely wielded the chairman's baton with extraordinary skill. His stellar record suggests that the only right answer to the age-old question of whether it is better to be lucky or good may be: both.
→ -
If you try to give an on-the-one-hand-or-the-other- hand answer, only one of the hands tends to get quoted.
→ -
Life is not a multiple choice test, it's an open-book essay exam.
→ -
In the classic old business cycle, there would be a diminution in sales; it would take a little while for this information to reach corporate headquarters. And there would be an inventory pileup. And then - bam - businesses would react, sometimes violently, by cutting production.
→ -
'Murphys law of economic policy': Economists have the least influence on policy where they know the most and are most agreed; they have the most influence on policy where they know the least and disagree most vehemently.
→ -
The last duty of a central banker is to tell the public the truth.
→
Related Authors
-
Martin Feldstein Former Chairman of Council of Economic Advisers -
Adam Smith Philosopher -
Peter Baker Writer -
-
Christina Romer Professor -
Janet Yellen Economist -
Alice Rivlin Former Director of the Office of Management and Budget -
Robert Solow Economist -
Friedrich August von Hayek Economist -
Joseph Stiglitz Economist -
Alan Greenspan Economist -
Lawrence Summers Former Undersecretary for International Affairs -
Benjamin M. Friedman Economist -
John Maynard Keynes Economist -
Ben Bernanke Economist -
Thomas J. Sargent Economist -
Greg Mankiw Author -
Vikram Seth Novelist -
Paul Krugman Economist -
Sheri Fink Journalist