Alan Blinder
Alan Blinder
Alan Stuart Blinderis an American economist. He serves at Princeton University as the Gordon S. Rentschler Memorial Professor of Economics and Public Affairs in the Economics Department, and vice chairman of The Observatory Group. He founded Princeton’s Griswold Center for Economic Policy Studies in 1990. Since 1978 he has been a Research Associate of the National Bureau of Economic Research. He is also a co-founder and a vice chairman of the Promontory Interfinancial Network, LLC. He is among the most...
democracy public-opinion input
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].
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The last duty of a central banker is to tell the public the truth.
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Life is not a multiple choice test, it's an open-book essay exam.
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While Alan Greenspan may have enjoyed more than his share of good luck during his storied tenure as Fed chairman, he was also confronted with a wide variety of challenges that required subtlety, a deft touch and good judgment.
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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.
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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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The Fed is watching with every eye, ear, and nose it has for evidence that oil prices are creeping into core inflation.
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His flexibility, his unwillingness to get stuck in a doctrinal straitjacket that becomes dysfunctional may be his greatest strength.
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The AFL-CIO sees a large stake in this disagreement that potentially goes beyond UPS workers.
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It's a worldwide shift. It started before Greenspan, it was furthered by Greenspan, and it will continue after.
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The current episode is vastly worse than that; there's only been the slightest bit of a paltry recovery in the labor market.
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The employment numbers easily give the Fed reason to pause, but it doesn't necessarily mean they are finished with raising rates. They will want to see more evidence of slowing, both in the employment numbers and in other areas of the economy.