29 ordspråk av Alan Blinder

Alan Blinder

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Never treat only one productivity number that seriously, ... What you have to remember is that productivity has always been very cyclical. When the economy sags, productivity sags.

What this illustrates is the virtue of being more plain-spoken and the dangers when you are not.

We all remember the 'jobless recovery' of the 1990s -- that experience was, for the labor market, significantly worse than [any in post-World War II] history,

The current episode is vastly worse than that; there's only been the slightest bit of a paltry recovery in the labor market.

We will soon learn whether the Greenspan era has created a deep reservoir of faith in the Federal Reserve, or just in Alan Greenspan.

One of the reasons for all the happy faces in retail this holiday shopping season is that gas prices are going down, down, down. Employment and income are doing well.

It's not a lack of transparency when you stop giving information when there is nothing to give, and we're getting pretty close to that point.

There is a kind of a cascading chain, ... If one can't sell, then that business doesn't buy and that means the next business doesn't sell, and the previous business doesn't sell, and so on.

The AFL-CIO sees a large stake in this disagreement that potentially goes beyond UPS workers,

In the classic old business cycle, there would be a diminution in sales; it would take a little while for this information to reach corporate headquarters, ... And there would be an inventory pileup. And then - bam - businesses would react, sometimes violently, by cutting production.

The Fed really tried to throw some cold water on those who are saying the recession's over already, ... The optimists are declaring it over already ... I think there's a good chance they're wrong, and the Fed obviously is predicating policy on the basis that they are wrong.

There is a kind of a cascading chain. If one can't sell, then that business doesn't buy and that means the next business doesn't sell, and the previous business doesn't sell, and so on.

The AFL-CIO sees a large stake in this disagreement that potentially goes beyond UPS workers.

In the classic old business cycle, there would be a diminution in sales; it would take a little while for this information to reach corporate headquarters. And there would be an inventory pileup. And then - bam - businesses would react, sometimes violently, by cutting production.

The Fed really tried to throw some cold water on those who are saying the recession's over already. The optimists are declaring it over already ... I think there's a good chance they're wrong, and the Fed obviously is predicating policy on the basis that they are wrong.

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