A Quote by Lawrence R. Klein

The funds from the sale were put into research and general teaching budgets at the university. Wharton Econometric Forecasting Associates, Inc., is now a growing enterprise with many model and other econometric facilities.

Lawrence R. Klein

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Associates Budgets Enterprise Facilities Forecasting Funds General Growing Many Model Now Other Put Research Sale Teaching University Were

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Lawrence R. Klein
American - Economist
Born: September 14, 1920

In a sense, there are as many forecasting methods as there are forecasters. But I would argue that most projections are derived from two major methods: macro-econometric models and eclectic judgment.

Edgar Fiedler

During the early 1960s, I decided to supplement research support for quantitative economic studies at Pennsylvania by selling econometric forecasts to private and public sector buyers.

Lawrence R. Klein

In general, the hedge funds were clobbered by the 1969 bear market, ending up in many cases with records that were worse than those put together by aggressive mutual funds denied the luxury of short sales.

Carol Loomis

Human adaptability simply doesn't get accurately captured in econometric models.

Charlie Kirk

I focus on faculty, as opposed to facilities, budgets, endowments or students. I do so because I believe, based on many decades of work as a teacher, a scholar and an administrator, that the quality of the faculty determines the quality of the university. Everything else flows from the quality of the faculty. If the faculty are good, you will attract good students and you will have alumni who will raise funds for you.

Henry Rosovsky

On the way from Chicago, I spent the summer of 1947 in Ottawa, helping to build the first of a series of econometric models for the Canadian government.

Lawrence R. Klein

In 1946, Oxford University in England was offered large funds to create a new Institute of Human Nutrition. The University refused the funds on the ground that the knowledge of human nutrition was essentially complete, and that the proposed institution would soon run out of meaningful research projects.

Rene Dubos

Ways have to be found to maintain university research untramelled by requirements of forecasting application or usefulness.

John Vane

The model of the teaching hospital, which links research to teaching and service is what's missing in global health.

Paul Farmer

The growing role of enterprise social media, plus the growing budgets and authority of CMOs entrusted with choosing the best platforms, translates into an exciting future for apps that harness social potential for large companies.

Ryan Holmes

There were two qualities about the mutual funds of the 1920s that made them extremely speculative. One was that they were heavily leveraged. Two, mutual funds were allowed to invest in other mutual funds.

Ron Chernow

If I were attorney general in Kansas in 1953, I would not have defended a Kansas statute that put in place separate-but-equal facilities.

Eric Holder

The budget idea, I may admit, is a sort of obsession with me. I believe in budgets. I want other people to believe in them. I have had a small one to run my own home; and besides that, I am the head of the organization that makes the greatest of all budgets, that of the United States Government. Do you wonder, then, that at times I dream of balance sheets and sinking funds?

Calvin Coolidge

My challenge as university minister is about getting right balance of teaching and research.

David Willetts

I had left teaching, which I enjoyed, because I realized I couldn't get tenure at a research university.

Nancy Roman

They were so much alike and they become best friends. It was a wonderful relationship. They respected each other, and they never put each other down. With every step they took together, they were happy. There was no envy or jealousy; there was no control, there was no possessiveness. Their relationship kept growing and growing. They loved to be together because when they were together, they had alot of fun. When they were not together, they missed each other.

Miguel Angel Ruiz

A Quote by Lawrence R. Klein

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