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Quote by Thomas J. Sargent

“When I was a graduate student, estimating and interpreting distributed lags topped the agenda of macroeconomists and other applied economists.”

Quote by Thomas J. Sargent

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Thomas J. Sargent
Thomas J. Sargent

Thomas J. Sargent is a renowned economist born on July 19, 1943. His research in economics encompasses macroeconomics, econometrics, and monetary economics, among other fields, and has had a profound impact on the development of modern economics. more

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“In the usual (though certainly not in every) public decision on economic policy, the choice is between courses that are almost equally good or equally bad. It is the narrowest decisions that are most ardently debated. If the world is lucky enough to enjoy peace, it may even one day make the discovery, to the horror of doctrinaire free-enterprisers and doctrinaire planners alike, that what is called capitalism and what is called socialism are both capable of working quite well.”