A Quote by Edgar Fiedler

We're not very good at forecasting, and we don't know how to measure the impact of economic policy.

Edgar Fiedler

Quote Topics

Economic Economic Policy Forecasting Good How Impact Know Know How Measure Policy Very Very Good

Quote Author

Edgar Fiedler
American - Economist
April 21, 1929 - March 15, 2003

Part of my advantage is that my strength is economic forecasting, but that only works in free markets, when markets are smarter than people. That's how I started. I watched the stock market, how equities reacted to change in levels of economic activity, and I could understand how price signals worked and how to forecast them.

Stanley Druckenmiller

Economic forecasting has actually got pretty good over the years, though admittedly, we don't always get it right.

Eric Maskin

You don't know the impact of Windows XP. You don't know what the economic impact is going to be.

Ted Waitt

America's trade policy has an enormous impact on the economic well-being of the American people and the strategic interests of the United States.

Ben Rhodes

Can poetry be a form of social change? I don't know the answer to that. I do think art can have a social impact even if it may be difficult to see the effects of that impact, to assess or measure it.

Dawn Lundy Martin

You know that something is good but you never really know how good. You always underestimate how much of an impact something is going to have.

Lisa Stansfield

Watch out Mr. Bush! With the exception of economic policy and energy policy and social issues and tax policy and foreign policy and supreme court appointments and Rove-style politics, we're coming in there to shake things up!

Tom Toles

The problem is the policy makers don't have practitioners in the policy team. You won't make an IT policy without consulting a Narayan Murthy or Nandan Nilekani. But for energy, people think they know everything and they know what to do for it. That's how the policies are created in Delhi and that needs to change.

Ramon Magsaysay

Good environmental policy is good economic policy.

Bernie Sanders

How do you measure whether or not a strategy of economic growth that is articulated by a very smart, capable economist actually yields growth? You can't. But you can influence.

George W. Bush

Computer modelling for weather forecasting, and indeed for climate forecasting, has reached its limits.

Piers Corbyn

The impact of climate change is relatively small. The average impact on welfare is equivalent to losing a few per cent of income. That is, the impact of a century worth of climate change is comparable to the impact of one or two years of economic growth.

Richard Tol

We need to have a clear moral vision for both our foreign policy, and economic policy and policy on racial justice.

Ro Khanna

A new study says that working fewer hours can slow global warming. So you know what that means? President Obama's economic policy is also his climate change policy.

Jay Leno

Revenue has increased in this way is in no small measure, I am convinced, due to our low tax policy which has helped to generate an economic expansion in the face of unfavourable circumstances.