2214 quotes by economists for you to enjoy

The crisis triggered a fertile period of scientific ferment and revolution in economic theory. James Tobin

Revolution Crisis Economic Economic Theory Period Scientific Ferment Fertile Theory

Yale places great stress on undergraduate and graduate teaching. I like teaching, and I do a lot of it. James Tobin

Great Stress Like Undergraduate Yale Lot Graduate Graduation Places Teaching

In the early 1990s, when a lot of the developing world opened up to international capital flows... they ended up in very good long-term projects, but projects that weren't going to pay off for five or 10 or 20 years. Jeffrey Sachs

We were proposing, in a sense, that the rest of the world be made safe for American ideas, as they adopted intellectual property rights that gave patent protection to our very innovative economy. Jeffrey Sachs

Property Rights World Protection Made Rest Sense Gave Innovative Our Adopted Property Rights Proposing Economy Ideas Safe Were Intellectual Intellectual Property Very Patent American

Unfortunately, the real focus in this country has not been on the rest of the world. It's been on our own issues and our own problems. Fair enough. But it means that our simple hopes that everything will just work out abroad aren't really coming to pass. Jeffrey Sachs

Work World Simple Problems Will Focus Rest Country Own Enough Our Everything Out Hopes Abroad Fair Pass Real Coming Issues Been Just Unfortunately Work Out Really Means

The truth of good economic doctoring is to know the general principles, and to really know the specifics. To understand the context, and also, to understand that an economy may need some tender loving care, not just the so-called hard truths, if it's going to get by. Jeffrey Sachs

In Asia, a lot of successful economies that had been living on their own saving, decided to open up their financial markets to international capital in the early 1990s. So here were countries doing quite well, but they decided they'd borrow a bit more and do even better. Jeffrey Sachs

Financial Better Own Living Saving Bit Markets Financial Markets Borrow More Open Had Countries Economies Well Doing Were Been Lot Up Quite Decided Asia Capital Successful International Even Early Here Early 1990s

I think the IMF helped to detonate the Indonesian crisis. Jeffrey Sachs

Think IMF Crisis Helped

We, being the Western world, wouldn't let Russia off the hook on debt. So there were demands on debt servicing in the early days until they ran out of reserves. There was no real aid program, just a fictional aid program. Jeffrey Sachs

World Aid Ran Hook Out Russia Demands Days Until Real Were Off Western Debt Western World Just Being Fictional Reserves Servicing Early Program Early Days

Devaluations are never easy. Jeffrey Sachs

Easy Never

Let's start fresh with Russia on some real help and some real reform. Jeffrey Sachs

Some Russia Fresh Real Reform Real Reform Help Start

We're going to have to forgive a great deal of the Soviet era debt. There's no question about that. Let's face up to that. We're going to have to put in money if Russia is really going to consolidate a democracy. Jeffrey Sachs

Great Democracy Money Great Deal Face Consolidate About Russia No Question Put Deal Era Question Up Debt Forgive Soviet Going Really

If we did go into a recession, something that's always possible for the U.S. or Europe, we could lower interest rates and expand the money supply without worrying about the price of gold. Jeffrey Sachs

Senior development specialists in the Treasury can be counted on one hand. America's government is not even aware of the gap between its commitments and action, because almost nobody in authority understands the actions that would be needed to meet the commitments. Jeffrey Sachs

Government Action Meet Would Would-Be Counted Almost Development Between Nobody Because Understands Hand America Authority Commitments Senior Actions Even Gap Specialists Aware Treasury Needed

Despite a decade of criticism and budget cuts, the specialised UN agencies have far more expertise and hands-on experience than any other organisations in the world. Jeffrey Sachs

Experience World Criticism Other Despite UN More Budget Budget Cuts Than Decade Hands-On Any Expertise Agencies Far Cuts Organisations Specialised

If you just analyze, historically, the chances of getting two quarters of more than a 5 percent gain in the dollar index, it has happened only two times since the '70s, so it's very rare. Jens Nordvig

You Rare Analyze Percent More Only Since Quarters Dollar Historically Very Times Than Getting Just Happened Gain Two Chances

Historically, the pull towards the center in European politics has been incredibly powerful. From Italy to Germany, it has been almost impossible for non-centrist forces to obtain real influence. Jens Nordvig

Politics Impossible Incredibly Has-Been Almost Powerful Towards Obtain Forces Real Been Italy Historically Germany Influence Center European Pull

Many of the mainstream agricultural scientists, especially at the agricultural schools, but at all of our major universities, are tied into all sorts of contractual relationships and consulting relationships with the life science companies. Jeremy Rifkin

Life Science Relationships Our Life Science Consulting Mainstream Major Schools Sort Tied Scientists Companies Many Agricultural Universities

We were making the first step out of the age of chemistry and physics, and into the age of biology. Jeremy Rifkin

Age Physics First Chemistry Biology Out Step First Step Making Were

The 10 largest antitrust law firms in the United States have gone into the federal courts charging Monsanto with creating a global conspiracy in violation of the antitrust laws, to control the global market in seeds. Jeremy Rifkin

Quotes by Economists