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Economists agree about economics - and that's a science - and they disagree about economic policy because that's a value judgment ... I've had profound disagreements on policy with the famous Milton Friedman. But, on economics, we agree.
Franco Modigliani Quotes: Economists agree about economics -
With the danger of war, there is a danger that the economy will go down.
Franco Modigliani Quotes: With the danger of war,
A situation where people can grow old without having a job that rewards them individually while adding to the collective well-being is morally unacceptable.
Franco Modigliani Quotes: A situation where people can
People confuse economists and economic policy.
Franco Modigliani Quotes: People confuse economists and economic
The immediate effect of the deficit is to make you feel good, like when you go on a trip and pay later. You feel good, and then you get a hangover. The deficit makes you feel good - until you pay later.
Franco Modigliani Quotes: The immediate effect of the
I am a believer in cooperation.
Franco Modigliani Quotes: I am a believer in
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