Home
Topics
Authors
:
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z

George Akerlof Quotes

American - Economist | June 17, 1940 -

My Swedish grandmother was the daughter of a dairy farmer who lived near Hedemora. My Swedish grandfather worked as a clerk for the Swedish railways in the Stockholm station.

Daughter Farmer Grandfather Lived

The failure of credit markets is one of the major reasons for underdevelopment.

Failure Credit Reasons Markets Major

I think what Bob Shiller and I are doing is we're focusing on macroeconomics and the role of psychology in macroeconomics.

Think Doing Psychology Role I Think

I've always been a macroeconomist. That's what I teach. And I guess that's what I've been concerned with ever since I've been very young.

Young Teach Always Been Concerned

Keynesian economics has always been needed.

Economics Always Been Needed

When you give chief executives too much compensation in stock options, they concentrate too much on the stock price, and there is a perverse incentive to raise the stock price, particularly when the chief executive wants to exercise his own options.

Exercise You Price Too Much Own

The only way we are going to ameliorate pressing social needs is through public intervention.

Way Through Social Going Only Needs

The whole intention of empirical economics is to force theory down to Earth.

Economics Intention Down Earth Force

When men do all the outside work, they contribute on average about 10 percent of housework. But as their share of outside work falls, their share of housework rises to no more than 37 percent.

Work Men More Outside Average Share

The idea is that in any situation, people have a notion as to who they are and how they should behave. And if you don't behave according to your identity, you pay a cost.

Identity People You Situation Pay

My father was a chemist on the Yale faculty, my mother a housewife.

Father Mother Housewife Yale Chemist

My mother, whose interest in chemistry was rather minimal, nevertheless went to graduate school in the subject and married my father, for whom it was as important as life itself.

Life Father Mother School Important

12 Next page Last

Copyright © 2024 QuotesDict George Akerlof quotes