Alan Blinder quotes
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“Life is not a multiple choice test, it's an open-book essay exam.”
-- Alan Blinder -
“The last duty of a central banker is to tell the public the truth.”
-- Alan Blinder -
“Public opinion is presumptively an input to policy formation in a democracy because politicians respond to it or at least are believed to respond [to it].”
-- Alan Blinder -
“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.”
-- Alan Blinder -
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“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.”
-- Alan Blinder -
“If you try to give an on-the-one-hand-or-the-other- hand answer, only one of the hands tends to get quoted.”
-- Alan Blinder -
“"Murphys law of economic policy": Economists have the least influence on policy where they know the most and are most agreed; they have the most influence on policy where they know the least and disagree most vehemently.”
-- Alan Blinder -
“And the maestro surely wielded the chairman's baton with extraordinary skill. His stellar record suggests that the only right answer to the age-old question of whether it is better to be lucky or good may be: both.”
-- Alan Blinder -
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“'Murphys law of economic policy': Economists have the least influence on policy where they know the most and are most agreed; they have the most influence on policy where they know the least and disagree most vehemently.”
-- Alan BlinderSource : "New ball game, same old team" by Faisal Islam, www.theguardian.com. March 6, 2004.
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“Some men are more interesting than their books but my book is more interesting than its man.”
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Source : A. J. Jacobs (2011). “A.J. Jacobs Omnibus: The Know-It-All, The Year of Living Biblically, My Life as an Experiment”, p.707, Simon and Schuster
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Source : A. J. Jacobs (2008). “The Year of Living Biblically: One Man's Humble Quest to Follow the Bible as Literally as Possible”, p.29, Simon and Schuster
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Source : "Philosophy in the Twentieth Century" by A.J. Ayer, (p. 133), 1982.
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“Life is not a multiple choice test, it's an open-book essay exam.”
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