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Economic Models Quotes

Much of my work in this period was concerned with exploring the logic of economic models, but also with attempting to reconcile the models with every day observation. Joseph Stiglitz
Globalization and the neoliberal economic model have already been rejected in Latin America; it simply hasn't been a solution for our people. At the same time, Latin countries like Venezuela and Argentina are anti-imperialist and anti-globalization, and yet their economies are growing again. Evo Morales
The liberals think government exists to fix what's wrong with America. They find fault with our Constitution, our economic model and our core values. We disagree with the premise of their argument. We believe there's nothing wrong with America that an extra dose of freedom won't cure. Rick Perry
The TUC's new slogan 'a future that works' sets a profound challenge. Austerity and rapid deficit reduction is failing in its own terms, but even at its best it is short-sighted, muddle-through politics with no vision of a new economic model. Frances O'Grady
The communist model does not work economically, we all realised that, but the capitalist model in the modern world also looks to be unsustainable. Arsene Wenger
In spite of our poverty and our economic dependence, we do not have to give in, neither because we are sometimes abandoned nor because of the wish of some nations to impose their economic or political models. Omar Bongo
The oldest problem in economic education is how to exclude the incompetent. A certain glib mastery of verbiage-the ability to speak portentously and sententiously about the relation of money supply to the price level-is easy for the unlearned and may even be aided by a mildly enfeebled intellect. The requirement that there be ability to master difficult models, including ones for which mathematical competence is required, is a highly useful screening device. John Kenneth Galbraith
The man who no longer expects miraculous changes either from a revolution or from an economic plan is not obliged to resign himself to the unjustifiable. It is because he likes individual human beings, participates in communities, and respects the truth, that he refuses to surrender his soul to an abstract ideal of humanity, a tyrannical party, and an absurd scholasticism. . . . If tolerance is born of doubt, let us teach everyone to doubt all the models and utopias, to challenge all the... Raymond Aron
The European model is, first, a social and economic system founded on the role of the market, for no computer in the world can process information better than the market. Jacques Delors
Yet in order to make sure the European social model keeps up with the pace of economic change that is now necessary, the EU must embrace a new approach to lawmaking. John Hutton
As I wrote I began to see more strongly that there were inescapable analogies. You couldn't really live through the '80s without feeling how crass and distasteful some of the economic doctrines were. The slave trade is a perfect model for that kind of total devotion to the profit motive without reckoning the human consequences. Barry Unsworth
And this fear that US models are replacing everything else now spills over from the sphere of culture into our two remaining categories: for this process is clearly, at one level, the result of economic domination - of local cultural industries closed down by American rivals. Fredric Jameson

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