Alan Blinder Famous Quotes
Reading Alan Blinder quotes, download and share images of famous quotes by Alan Blinder. Righ click to see or save pictures of Alan Blinder quotes that you can use as your wallpaper for free.
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.
The last duty of a central banker is to tell the public the truth.
"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.
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.
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.
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].
