economist

I'm not an economist or a historian, but it seems to me that this recession will be something unprecedented.

Prominent Canadian economist Thomas Courchene noted correctly that this was the lowest percent " in more than half a century. "

but you don't have to be a Chicago-trained economist to see that such protectionism makes for bad economic policy.

'It was a step forward, but a baby step, ' said Paul Mortimer-Lee, economist at BNP Paribas in London.

'Markets tend not to discriminate as much when there's panic, ' says Ken Wattret, European economist at BNP Paribas in London.

So the joke begins like this: An economist, a lawyer and a professor of marketing walk into a room.

Among the attenders there were a senior economist to whom I said it seemed that the Chinese could not make a good pot during a decade.

Mario Monti, an Italian economist and a former commissioner, has recently set out just how much more is left to do.

I don't know if it made me a better economist. But it has surely made me a more humble one, and, I suspect, a better human being as well.

Would every "economist who had a formula that could reliably forecast crises a week in advance" also make it publicly available in time?

Economist John Geanakoplos said the current predicament must be viewed as a long-term problem that requires long-term solutions.

"This emphasises that the economy is weak and is likely to stay there for a while now, " said Zach Pandl, economist at Lehman Brothers.

Mr Mamet praises Dambisa Moyo, a Zambian economist and author, for her criticism of foreign aid, but identifies her as a Gambian.

Smith was the 18th century economist who said the invisible hand of competition would reduce excess profits in business to normal levels.

He added that, 'As an economist I tend to think money is good for you, and am pleased to find some evidence for that. '

Lawrence Katz, an economist at Harvard, said the evidence for the presumed adverse effects of economic segregation was inconclusive.

Simon Johnson, chief economist at the IMF, says: "We do not think there has been a big movement up in expected inflation globally. "

The only reward is that the winner can then truthfully claim to have written (at least a few words) for The Economist.

economist John Maynard Keynes was one of its most vocal critics, arguing that it would not be effective in achieving its goals.

The Economist, if it had a vote, would choose George W. Bush.

I wanted to do everything an economist could do. I would not tire in saying what I knew to be true.

"We think there is further room for declines into at least early summer, " said the chief economist at Wachovia.

FAO senior economist Abdul ceremony Sae Ba Xian, said: "the high oil prices and food prices continued to form a vicious cycle. "

In a side room Rick Perry, the governor of Texas, chatted to The Economist as he got ready to make his speech.

Economist George Johns from Barclays Capital says the move has not come as a surprise to those in London's financial district.

Your friend is demonstrating the truth of the old saying that the only thing more dangerous than an economist is an amateur economist.

As an economist I have followed this issue closely over the past two and a half years, and yet I still found this book illuminating.

It was Keynes who noted that "even the most practical man of affairs is usually in the thrall of the ideas of some long-dead economist" .

The ability to think like an economist is a crucial component of your education.

Schumpeter: Too much buzz | The Economist THE only area of business that seems to be recession-proof is social media.

Imaging a mid-aged economist editor struggle to express him opinion of contemporary China which he never visited since 1990 . . .

"I don't believe the prime minister will call a referendum; the risk of a no is too high, " says Steen Bocian, the bank's chief economist.

The chief economist would assign the research projects, and in just a few months people began to tab me as a guy who knew all the data.

Similarly, the economist's simplification of human motivation is often the only way to make a complex problem tractable .

Jesper Koll, economist at Merrill Lynch, said: "The golden age of pro-market reform is over. "

Whether the marriage made you happy, or you were right to choose her, is none of the economist's business.

IT HAS become a joke for The Economist to say that a country is at a crossroads, yet for Turkey it happens to be spot on.

Mr Anderson believes that this allows the vision of the French economist Joseph Bertrand to be fulfilled.

As Stephen King, an economist at HSBC, has pointed out, the result might have been a benign deflation that boosted Western living standards.

He said the late economist's belief in shareholder primacy is today "an absurdity, an obscenity" .

"I don't think the bounce back in auto production in and of itself is going to mean that much, " said Goldman Sachs economist Jan Hatzius.

One of them, the economist Edward Castronova, calls it "a social-science supercollider" .

Evgeny Gavrilenkov, chief economist at Troika, a Russian investment bank, calls it "a good muddling through" .

One economist said the significance of the poverty figures should not be exaggerated.

There are also ominous signs of what economist John Kenneth Galbraith called the "bezzle" beginning to appear above the surface.

There was all sorts of press coverage, all over the world, going right down to "Dr. Strangelove Saves the Earth, " from the Economist.

YOUR correspondent, as regular readers of The Economist will be aware, has never been much of a fan of the Space Shuttle.

The economist asked: "What would I do if I knew that one of several possible models of the world was correct but did not know which one? "

Though he is often correct in his analysis, at certain points he makes wild predictions that could not be swallowed by a good economist.

Marco Annunziata, chief economist at UniCredit, said the main message from the weekend summit had been very pragmatic.

Jeffrey A. Frankel, an economist at the Harvard Kennedy School, said the appearance had a reassuring effect.

Karen Ward, UK economist at HSBC, said the rise in labour availability was "just what the Governor [of the Bank of England] ordered" .

Because Jeffrey Sax, and you know Jeffrey Sax, highly- respected economist, said -- let me address that tax issue.

Inflation should be pegged at around 2% a year to see the economy "chugging along" , according to Martin Ellis, chief economist at Halifax.

Although Mr Bezos has discussed his strategy in the past with The Economist, the company did not respond to requests for an interview.

For the economist in our party, it was the ultimate puzzle: a man with no desire to increase supply to meet relentlessly rising demand.

"That's a pretty solid improvement, even if the year-over-year comparisons continued to be ugly, " said Citigroup economist Ken Peng.

Let me instead focus on a less-obvious insight, discovered by the economist Lionel Page and his wife, the psychologist Katie Page.

Aldo Rustichini is a genial Italian economist with a head of hair that seems to have been modelled on Albert Einstein's.

SOMETHING of a hopeful trajectory was implied in The Economist's report on the Friday coup of 1932.

Jim O'Neill, the Goldman Sachs economist and "Brics" guru, caused a stir last week when he said "something is brewing in Beijing" .

"Once upon a time, there was an ambitious young man who didn't read The Economist. The End, " read one particularly audacious ad from 2004.

"Friedman did not believe in big discretionary changes in the money supply, " says John Taylor, a Stanford University economist.

As for The Economist's hip factor, Mr. Micklethwait said it had nothing to do with how the magazine was edited.

Perhaps it was his way of giving economics a wider appeal but in 1926 US economist George Taylor coined the theory of the hemline index.

The key to how much further home prices fall, Goldman Sachs economist Jan Hatzius said, is how fast the glut of empty homes is absorbed.

When the planes hit the twin towers eight years ago this week, I wasn't a journalist at all, but a business economist living in London.

But data from the Economist Intelligence Unit shows that looking at the true urban area none of them even make it into the top ten.

Visiting economist Milton Friedman called it 'a statist monument for a dead pharaoh on the level of the pyramids. '

Renowned economist Hyman Minsky explained that this was one of the inherent flaws of the Keynesian neo-classical synthesis.

"Everybody was rather staggered to see such a strong number, " said Richard Jerram, chief economist at Macquarie Securities in Tokyo.

Paul Zarembka played (and was) the left-leaning academic economist. He said, "The ruling class will do anything to keep in power. "

Still, the economist is still likely to see the merits of a brain-drain tax on the outflow of human capital.

As he himself acknowledged in his now well-known 2002 speech, the term was an original of economist Milton Friedman.

You know, for as complicated as economy can be, The Economist seems to be a excessive China fanboy.

"Credit is going to remain tight for a time potentially measured in years, " said Mr. Tilton, the Goldman Sachs economist.

But to say that Mandarin will rival English is a "bit of a stretch" , says Manoj Vohra, Asia director at the Economist Intelligence Unit.

Yields also can stay low, notes Goldman Sachs economist Jan Hatzius, because few businesses or consumers are trying to borrow these days.

The concern (posed by the Economist piece) that this proposed ban would be might be "misunderstood abroad, " seems foolish.

Dana Saporta, an economist with Credit Suisse in New York, said the survey did not signal any robust economic rebound.

The economist behind this year's report is used to hearing people marvel at how much kids cost.

The economist who laments the hardships of the poor, allows himself to grow rich upon the sale of his book.

Thai Le's father, an economist, lost his job and his mother, a vet, failed to find work after the birth of her third child.

It was, as one economist put it to me, "the most rapid expansion of a banking system in the history of mankind. "

Michael Gregory, senior economist at BMO Capital Markets Economics, said the employment report was "emitting recession signals. "

The British economist Norman Angell once argued persuasively that deep economic links made conflict between the great powers obsolete.

UBS economist Wang Tao said the slowdown in foreign reserve accumulation was likely due to less inflows of speculative capital.

Abdolreza Abbassian, senior grains economist at the UN's Food and Agriculture Organisation in Rome, said the USDA report was "alarming" .

"So far, there is no signal of any major policy change, " said an economist with access to top leaders.

"There ought to be government-backed ABS, " said Fed economist Wayne Passmore in a presentation to the American Economic Association.

Before their retirement, she was an economist, he was a civil engineer.

Gerard Lyons, chief economist at Standard Chartered, said China can only "partially make up for the slack in demand from U. S. consumers" .

"Up to now most of what we have done is cheap cost, cheap priced production, " said Zhou, who trained as an economist.

Darren Cooper, a senior economist at the International Grains Council in London, said: "Rice is obviously a political commodity in Asia. "

Mr Salmond, an oil economist before he entered politics, is as concerned as any energy firm that production and profits might be clobbered.

The Economist is a very good book, but I would like it better if it were plainly and self-reliably stated.

Yu, the economist who worries that China has only a decade or two to avoid trouble, qualifies as a moderate reformer.

FAO's grains economist Abdolreza Abbassian told Reuters "the worst seems to be behind us. "

There has been a vast outpouring of research on the subject, which the American economist Mark Aguiar helped me untangle.

Northwestern economist Jennifer Brown said the same could apply in certain, competitive, office environments.

Qu Hongbin, China chief economist at HSBC, said the "upbeat reading" implied the growth slowdown seen in previous months was decelerating.

From The Economist's office on the eighth floor it feels, for a moment, like an earthquake.

Robert Feldman, economist at Morgan Stanley, said Mr Abe was more committed to a market-oriented view of the economy than people realised.

Raghuram Rajan, a former International Monetary Fund chief economist, said the missing ingredient was political will.

It was an open secret, however, that Keith's dearest occupation was not The Economist.

This was invented by the leading US economist, Irving Fisher, after he had bankrupted himself in the 1929 stock market crash.

The Economist's informal R-word index tracks the number of newspaper articles that use the word "recession" in a quarter.

"That may also mean that the BoE has been able to think more creatively, " said Barclays Capital economist Julian Callow.

'This is the beginning of another big and excessive run-up in asset prices, ' said Simon Johnson, a former IMF chief economist.

Hamburgers should be an essential part of every economist's diet .

Jonathan Loynes, chief European economist at Capital Economics, said the difference reflected the sudden shift in Europe's fortunes.

Some economist said, the salaries in Guandong is some index to reflect whether the economy will decline.

"Hunger is a cause of poverty, not just a consequence of it, " says FAO economist Kostas Stamoulis.

Prof Johnson says part of his role as an economist is to "float ideas" in ways Hank Paulson, US Treasury Secretary, for instance, is unable.

Mr Brown did not invoke the name of James Tobin, the economist who proposed a levy on currency dealings in the 1970s.

To the great economist John Maynard Keynes, it was a "barbarous relic" of a primeval economic past.

As the great American economist Irving Fisher pointed out almost 80 years ago, deflation, once started, tends to feed on itself.

"We have now moved back to a virtual US dollar peg, " said the think-tank economist.

Somewhere in the heavens, Arthur Cecil Pigou, the economist who invented the concept of negative externalities, must be smiling.

Abdolreza Abbassian, senior grains economist at the FAO, said: "The situation is getting increasingly worrying. "

The Economist recently described how the company leased 600 electric Mini ES to drivers in England, Germany and the United States.

Said Li Daokui , an academic economist who sits on the central bank's monetary-policy committee: 'This marks the beginning of a new era. '

The U. S. Treasury chose World Bank economist David Dollar as economic emissary to China despite sharp criticism of his economic research.

"The Treasury's borrowing requirements remain daunting over the next couple of years, " said Lou Crandall, economist at Wrightson Icap.

Chief economist Francois Bourguignon says research at the bank is a complex process that requires compromises.

Alan McQuaid, economist with Bloxham stockbrokers in Dublin, said the figures were "very encouraging" .

Exor (which owns nearly 5% of The Economist) and News Corporation are cutting in at a time of great uncertainty.

So it startled everyone when the IMF's chief economist came off the ropes to land some stinging criticisms of his own.

Economist Raghuram Rajan explains this point in a recent article at Project Syndicate.

Richard Jerram, economist at Macquarie Securities, said the decline was unprecedented.

To determine the right discount rate, therefore, the economist must answer at least two ethical questions.

An economist , Mr Gabrielli worked as an academic and was the chief financial officer of Petrobras before becoming chief executive in 2005 .

That sentiment is shared by analysts like Simon Tilford, chief economist at the Center for European Reform in London.

The world economy: Three-way split | The Economist THIS year has turned out to be a surprisingly good one for the world economy.

Its action was "more tactical than concerted intervention" , said Julian Callow, European economist at Barclays Capital.

J. P. Morgan chief economist Bruce Kasman puts the chances of a recession in either the U. S. or globally at less than 15%.

The pace could be very slow and very far away from normalisation, " said Seiji Adachi, senior economist at Deutsche Securities in Tokyo. "

After signing, Professor Xia, the economist, said he was forced to resign from positions at two research institutes.

Like mafiosi, their actions were neither the result of what one economist described as "an inferior mentality" , or a lack of rationality.

Chinese acquisitions: China buys up the world | The Economist IN THEORY, the ownership of a business in a capitalist economy is irrelevant.

Facebook: Sharing it all | The Economist AT FACEBOOK, they like to call it "Zuckerberg's Law" .

This point is related to another one economist Tyler Cowen makes in a paper on income inequality published recently.

And as we were eating, I had the distinct feeling that I was back in the city of London, having lunch with a fellow banker or an economist.

As for the philosopher, the scientist, the economist, they to "do smiles" absolutely not spare a glances - I always is thinks like this.

HSBC economist Qu Hongbin said the reading confirmed that 'China is moderating rather than melting down. '

Fabian Zuleeg, chief economist at the Brussels-based European Policy Center, says the United States is right to be concerned.

Andy Rothman, an economist at CLSA, a regional broker, believes that Chinese statistics are much more trustworthy than they used to be.

Well, you know how I've been working at the Economist as a proof-reader, right?

In much of her speech, President Arroyo, an economist, boasted of the Philippines' economic resilience in the global downturn.

One of the best explanations is given by Andrew Smithers, the City of London economist, in his report World Liquidity.

"Once the German surpluses are gone, the country would fall into a severe recession, " says prominent Greek economist Yanis Varoufakis.

"You do not need to raise interest rates to deal with a shortage of pigs, " said Tom Orlik, an economist at Stone & McCarthy in Beijing.

"At least lenders aren't panicking any more, " said David Wyss, chief economist at Standard & Poor's in New York.

However, Liu Ligang, an economist at ANZ, said the underlying trend showed that inflation was accelerating.

Gambetta is an authority on the Sicilian mafia, but deploys the tools of an economist to understand them and other criminals.

"Germany lagged the rest of Europe coming out of the last recession, " says Jö rg Krä mer, chief economist at Commerzbank.

The permanently law which had been proposed by William Petty, the English famous classical economist.

Mr Strauss-Kahn proved to be a bold decision-maker, an effective politician and a competent economist.

DARTMOUTH COLLEGE'S Tuck School of Business takes first place in The Economist's ninth annual ranking of full-time MBA programmes.

As The Economist went to press it was still too soon to say which description was more apt.

Then again, The Economist said the same thing about 2010 , but maybe the magazine was just jumping the gun.

The Economist considers itself the enemy of privilege, pomposity and predictability.

Already, people are prepared to pay to receive newspapers and magazines (including The Economist) on the Kindle.

The theoretical basis for much of this was laid down by the great Cambridge economist John Maynard Keynes.

For me, to be or not to be an economist, that is not a question.

The work of an economist (Levitt) and a writer (Dubner), Freakonomics used economic theory and data to explain social phenomena.

One of its two authors, Andrew Smithers, a British economist, has now returned to the theme of stockmarket valuation.

An economist once told me, to my bewilderment: "These concepts are so strong that they supersede any empirical observation. "

The speech was interpreted by US economist Paul Krugman as an admission that China had driven itself into a dollar trap.

The CCPOA (which did not reply to The Economist's repeated requests for interviews) returns the hostility.

The country, says Stephen Roberts, chief Australia economist at Nomura, "is going through a once-in-a-century boost in trade" .

"The figures are considerably better than expected, and that's across the board, " said Elga Bartsch, economist at Morgan Stanley.

Vicky Redwood, UK economist at consultancy Capital Economics, said, "for now at least, retail sales are still holding up pretty well" .

David Semmens, US economist at Standard Chartered, said the Fed minutes delivered a clear message.

But as The Economist went to press, they too seemed to be on the verge of striking a deal, just as the derisive Mr Erdogan had predicted.

One possible compromise might be broader-scale retraining and apprenticeship programs, suggests Lawrence Katz, a labor economist at Harvard.

A senior economist for the U. N. says both regions have weathered the crisis better than developed nations.

His work would be impressive if done by a Ph. D. economist with twenty years of experience in the profession.

"Neither side at this point has a clear fiscal reform strategy, " said Robert Feldman, chief economist at Morgan Stanley in Tokyo.

That would amount to roughly $1 trillion a year in excess cash, estimates Goldman Sachs Group Inc. economist Andrew Tilton.

Andy Xie is an independent economist based in Shanghai. This commentary was first published as a note to his clients last week.

If you didn't know that Mr Cowen was an economist, you might take him for a psychologist.

You know, Gordon, I should not like you. You are Scottish, we have nothing in common and you are an economist.

Recently The Economist recognized this , but I stumbled upon the idea 12 years ago, and that's what I 've been working on .

December's rebound was an "important turning point" for exporters, a customs agency economist, Huang Guohua, said on state television, CCTV.

At Google, Hal Varian, its chief economist, and Mr. Wagner said that the public was not blindly loyal to any one search engine.

'The danger is of a disorderly adjustment, of investors losing confidence in the dollar, ' says Mr. Eichengreen, the Berkeley economist.

Like national governments, sporting bodies provide collective goods for their citizens, notes Stefan Szymanski, an economist at in London.

'Domestic demand-driven prices are beginning to grind higher, ' says Prakriti Sofat, economist at Barclays Capital in Singapore.

The economist Gregory Clark, author of "A Farewell to Alms, " calls it the only story of economic development.

'Inflation expectations are creeping up, ' said Spyros Andreopoulos, global economist at Morgan Stanley in London.

Though no agreement had been reached as The Economist went to press, the industry had begun to embrace radical change.

Dartmouth College economist Douglas Irwin said the new research painted too bleak a picture.

Cumming joined the Bank's staff in September 1979 as an economist in the International Research Department.

Start reading business publications like The Economist, Businessweek, or the Wall Street Journal.

The American economist Joseph Stiglitz has urged policymakers not to be slaves to year-on-year rises in gross domestic product.

Until recently many sceptics (including The Economist) doubted that wisps of cloud could be auctioned like this.

His doctoral thesis, The Theory of Share Tenancy, was the work of an assured and original economist.

The upturn was an ''important turning point'' for exporters, a customs agency economist, Huang Guohua, said on state television, CCTV.

"DSK was a politician and an economist who would push his own ideas, " says one hedge fund manager who monitors the IMF.

As The Economist went to press, three more were to be beheaded in Wajid, and two more had suffered the same fate in a nearby village.

Roisin O'Sullivan is an economics professor at Smith College in Massachusetts and a former economist at the Central Bank of Ireland.

Why not try persuading your economist friends to linger for a few hours after your meal, just for the joy of consuming a free service?

I'm not an economist, but there have to be consequences to a system that encourages overspending and overbuilding.

Meanwhile, the chief economist at the International Energy Agency predicted that "the age of cheap oil is over" .

HOW could a schoolboy prank (as The Economist called it) have become such a painful international crisis?

Before the International Monetary Fund, chief economist Rogov believed that has the influence to the product price to be very small.

The Economist concluded that the main reason for the long travel times for Chinese people is the traffic jams in cities.

It all adds up to less money in the pockets of consumers, said Peking University economist Michael Pettis.

"Inflation will not be an issue for a period of one to two years, " said Christoph Weil, economist at Commerzbank.

NATO's assessment (in this week's Economist) was that Colonel Qaddafi had lost all operational capacity.

Goldman Sachs economist Yu Song said the slowdown in money supply and credit growth is alarming.

'The markets are very, very tight, ' said Joseph Glauber, the USDA's chief economist. 'There is concern, no doubt. '

Sidenote: You might think this post a bit odd coming from someone who toils under a limited cloak of personal anonymity for The Economist.

The question, as The Economist has regularly written, was not whether he would stay in power, but how he would do it.

Tushar Poddar, a Goldman Sachs economist, said the tightening was stronger than the 25 basis points he had expected for the repo rate.

The move would be 'a milestone for the global economy, ' says Bruce Kasman, chief economist at J. P. Morgan Chase & Co. in New York.

But Harsha de Silva, an economist, argues that this piecemeal fund-raising is insufficient.

"It's a surprise that they suddenly came out today, " says Chris Phillips, Jordan country specialist at the Economist Intelligence Unit.

'Greedy Until Proven Guilty, ' is the headline of the Economist article articulating a form of this view.

The value for a copy of The Economist is not included, but it has been calculated by the Green Press Initiative at about 11 litres.

APART from The Economist, Britain's news outfits have lined up to oppose News Corporation's bid to take over British Sky Broadcasting.

Bennis says, "Just as every economist, knowingly or not, pays his dues to Keynes, we are all, one way or another, disciples of McGregor. "

Nordea Markets economist Erik Bruce said, 'there's been very strong economic growth, much stronger than the bank had forecast.

Buttonwood: Ever hopeful | The Economist INVESTORS nearly always enter a new year with a sense of hope.

A FRENCH website says of our European cover this week: "The Economist does not do half-measures in its judgment of [Silvio] Berlusconi. "

Another economist, Pavan Sukhdev of Deutsche Bank, told the Diversitas meeting that he had put a price on some of those services.

Andrew Cates, economist at UBS, said the likelihood of global recession was rising.

It is to the Radicals that The Economist still likes to think of itself as belonging. The extreme centre is the paper's historical position.

But as The Economist went to press it looked as if the decision would be deferred because of concerns at the Department of Justice.

The mother was the home manager, home labourer and home economist, while the man of the house went out to work for the good of the family.

In a report published yesterday, the IEA confirmed comments made to the FT last week by Fatih Birol, the group's chief economist.

'What you saw was a complete liquidation of revaluation positions in the NDF market, ' says Societe Generale economist Glenn Maguire.

Russell Evans, an economist at Oklahoma State University, cautions that the unemployment numbers do not tell the whole story.

As Stephen Jen, an economist at Morgan Stanley, points out, in a crisis "bad things happen to good countries" .

A government panel led by Abhijit Sen, an economist from the Planning Commission, will examine these claims over the next two months.

'I think foreigners are being taken for a ride by the U. S. government, ' says Andy Xie, an independent economist in Shanghai.

However, Tao Wang, an economist at UBS, argues that this rich-world yardstick is misleading.

Haseeb Ahmed, an economist at the bank, said: "Strong global growth conditions suggest exports will be much firmer in the coming months. "

In a bleak article published in The National Interest last fall, the Harvard economist Benjamin Friedman took a more systemic view.

Our economist, Qing Wang, does not expect aggressive government tightening until at least 2011.

The bank's role as interest-rate-setter made Sir Mervyn, then the bank's chief economist, a powerful figure.

As an empirical economist, however, I cannot neglect the evidence that has accumulated in that decade.

He was first the economist of the Bank of Commerce and later of the Chase National Bank.

Julian Jessop, chief international economist at the Capital Economics consultancy in London, sees the euro tumbling to $1. 25 by year-end.

Confidence in the "apparatus of the mind, " his term for thinking like an economist.

Selfishly, The Economist would like to see a genuine social and economic liberal in the race.

To one Berlin economist, "Germany is like an unguided missile over Europe. "

IMF chief economist Olivier Blanchard says the financial crisis will significantly slow global growth during the next year.

As a card-carrying economist, I cringe when "green economy" enthusiasts insist that protecting the environment would be all gain, no pain.