“If all economists were laid end to end, they would not reach a conclusion.”
George Bernard Shaw
“Brilliance as an economist is not a substitute for political acumen. To be a successful prime minister, you need loads of political acumen. Manmohan Singh needs to acquire this -- fast.”
Mahesh Rangarajan
“Definitely, there is a benefit to better governance. It is not just what economists would call statistically significant; it's also economically significant.”
Reena Aggarwal
“These days, the Fed chairman has to be not only a great economist and a good politician, but also a spin doctor, ... Street Sweep .”
Carl Weinberg
“Monetary economists have not yet developed a formal rule that is likely to have better operating properties than the Fed's current practice,”
William Poole
“[Even with the changes in the market, many economists remain optimistic that the housing market is not a bubble waiting to burst.] We may see a flattening of the increase, but not much of a drop, ... The fundamentals remain strong: Employment is robust, and interest rates remain low.”
Bob Walters
“Monetary economists have not yet developed a formal rule that is likely to have better operating properties than the Fed's current practice, ... Greenspan rule.”