A Quote by Franco Modigliani

People confuse economists and economic policy.

Franco Modigliani

Quote Topics

Confuse Economic Economic Policy Economists People Policy

Quote Author

Franco Modigliani
Italian - Economist
June 18, 1918 - September 25, 2003

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

Policy makers have plainly failed both here in the United States and in Europe as well. People who have suffered because of that. And when they say, "Throw out economists, we don't trust economists anymore," you can totally understand why.

Katty Kay

'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.

Alan Blinder

The greatest economic power might in fact remain in the hands of the Federal Reserve. Economists credit the Fed's policy of keeping interest rates at historic lows with helping to pump up the economy and bring unemployment down.

Andrew Ross Sorkin

Over the last decade, - economists seemed to share a broad consensus about economic policy, with the old splits between monetarists and Keynesians apparently being settled by events. But the Great Recession of the last two years has changed everything.

Gavyn Davies

Over the last decade, economists seemed to share a broad consensus about economic policy, with the old splits between monetarists and Keynesians apparently being settled by events. But the Great Recession of the last two years has changed everything.

Gavyn Davies

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

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

Ro Khanna

Bolsonaro is adopting a regressive policy as regards rights but a neoliberal policy when it comes to economic policy.

Fernando Haddad

The problem with much of the debate over this issue is that we confuse two separate matters: immigration policy (how many people we admit) and immigrant policy (how we treat people who are already here). What our nation needs is a pro-immigrant policy of low immigration. A pro-immigrant policy of low immigration can reconcile America's traditional welcome for newcomers with the troubling consequences of today's mass immigration. It would enable us to be faithful and wise stewards of America's interests while also showing immigrants the respect they deserve as future Americans.

Tom Tancredo

The people see that Wall Street is running our economic policy, that big oil is running our energy policy and the military industrial complex is determining our foreign policy.

Alan Grayson

An overwhelming number of economists, international civil servants, and policy-makers argue that a fragmentation of the Eurozone would cause a new depression and massive wealth destruction around the world. It would also end the period of economic integration that has characterized world politics since the end of the Cold War.

Klaus Schwab

People often ask me where I stand politically. It's not that I disagree with Bush's economic policy or his foreign policy, it's that I believe he was a child of Satan sent here to destroy the planet Earth. Little to the left.

Bill Hicks

We want an economic team, Paul Krugman and Robert Kuttner, Joseph Steiglitz's people and others, who say, you know what? We're sophisticated economists but we're concerned about poor and working people.

Cornel West

It is often sadly remarked that the bad economists present their errors to the public better than the good economists present their truths. It is often complained that demagogues can be more plausible in putting forward economic nonsense from the platform than the honest men who try to show what is wrong with it.

Henry Hazlitt

That economic decisions are made without certain knowledge of the consequences is pretty self-evident. But, although many economists were aware of this elementary fact, there was no systematic analysis of economic uncertainty until about 1950.

Kenneth Arrow

A Quote by Franco Modigliani

Quote Topics

Quote Author

Related Quotes

Related Authors