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Martin Feldstein

Read through the most famous quotes from Martin Feldstein




So just as I want pilots on the planes that I fly, when it comes to monetary policy, I want to think that there is someone with sound judgement at the controls.


— Martin Feldstein


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An increase in the relative price of products from the low wage manufacturers in Asia and Latin America will also make those products less attractive to American consumers.


— Martin Feldstein


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And finally, no matter how good the science gets, there are problems that inevitably depend on judgement, on art, on a feel for financial markets.


— Martin Feldstein


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But then in April of 1985 the dollar began a sharp decline. The dollar's trade weighted value fell 23 percent in just 12 months and by a total of 37 percent by the beginning of 1988.


— Martin Feldstein


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Domestic inflation reflects domestic monetary policy.


— Martin Feldstein


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First, I think the science of monetary economics has clearly gotten better.


— Martin Feldstein


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I think that over the last few decades, we have seen better economic outcomes than in the past.


— Martin Feldstein


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If the Federal Reserve pursues a strong dollar at home while the dollar becomes more competitive in global markets, we can achieve both price stability and a more balanced path of economic growth.


— Martin Feldstein


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In short, both experience and economic theory imply that the US could now t to a more competitive dollar without experiencing either increased inflation or decreased economic growth.


— Martin Feldstein


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A second reason why science cannot replace judgement is the behavior of financial markets.


— Martin Feldstein


#cannot #financial #financial markets #judgement #markets






About Martin Feldstein






Did you know about Martin Feldstein?

He is among the 10 most influential economists in the world according to IDEAS/RePEc. A. In March 2007 the Lynde and Harry Bradley Foundation announced that one of four 2007 Bradley Prizes to honor outstanding achievement would be awarded to Feldstein.

Martin Stuart "Marty" Feldstein (born November 25 1939) is an American economist. He is currently the George F. Baker Professor of Economics at Harvard University and the president emeritus of the National Bureau of Economic Research (NBER).

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