Alan Blinder

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Last quote by Alan Blinder

We economists think that David Ricardo got it mostly right 200 years ago, and a lot of people think he got it badly wrong, and we haven't convinced them in 200 years.feedback
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Aug 27 2017 Federal Reserve
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Alan Blinder is associated, including July, God, and crisis. Most recently, Alan Blinder has been quoted saying: “It gives the Fed a green light to go slow. Everybody is emphasizing that the Fed is going up in rates, which of course they are. But they're going very slowly. There's no panic, there's no sense that we have to clang the bells because inflation is on the horizon. Which is another way of saying, maybe we could push lower. What we may be missing is that we're not yet to the point where employers have to go out with a vacuum cleaner, trying to scoop up labor wherever they can find it. It's not quite that tight yet. ... There's probably more hiring to be done.” in the article Soft wage growth has given Fed 'green light' to raise rates slowly, says ex-Fed vice chairman.
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