Developing economic philosophy needs the alliance of philosophers and economists, and needs further bringing the economists special roles into full play.
Some economists argue that the problems caused by hot money have been exaggerated.
It dates back to Keynes, one of the few economists whose reputation has been burnished by the crisis.
This is a tried-and-trusted growth strategy promoted in the past by economists such as Bela Balassa and lately championed by Dani Rodrik of Harvard, among others.
He has long chided his fellow economists for scrawling hieroglyphics on blackboards rather than looking at what it actually takes to run a business.
The future boost to demand will be large. But more important in the long term will be the stimulus to the world economy from what economists call a “positive supply shock”.
The ideas of economists and political philosophers, both when they are right and when they are wrong are more powerful than is commonly understood. Indeed, the world is ruled by little else.經濟學家和*哲學家們的思想，不論它們在對的時候還是在錯的時候，都比一般所設想的要更有力量。的確，世界就是由他們統治着。
Foreign bankers and economists responded cautiously to the minister's initiative.
This link with emotions is what makes many rationalist economists reject the idea of bubbles.
Behavioural economists advocate "nudging" people in the right direction by subtly altering the choices that they are presented with.
This leads to two conclusions. First, if you are going to volunteer for a study, choose the economists' experiment rather than the psychologists' or psychiatrists'.
Several Nobel Prize-winning economists said Friday that U. S. President-elect Donald Trump's economic policies could lead to a deep recession of the U. S. economy, media reported.
Stiglitz was once an adviser to President Clinton and also a chief economist of the World Bank. He was awarded the 2001 Nobel Prize for Economics along with two other US economists. The three had analyzed the major role of knowledge in a market economy.
Blogs have enabled economists to turn their microphones into megaphones.
Enough of the abstract measures and disconnected policies of the economists.
Our model of rational readers seeking information shows that, indeed, consistent with economists' priors, media reporting is unbiased.
But even the cultural transmission of economic success is a provocative notion, and a painful one to most economists, who are predisposed to hope that good policies alone may promote economic growth.
Behavioral economists like Richard Thaler are unconvinced.
But this generation of young economists will make its mark on the discipline.
The Year of the Tiger is off to a roaring economic start. Now economists are gauging whether China's momentum may be too strong for the global good.
Surrounding whether Basel can be accepted by all the countries and the possible problems of its final carrying out, the focus of attention of economists and researchers of financial institutions has been on the kin-cyclicity and the feasibility of coordinating international policies.
However, this is not a debate between economists and historians. It is a battle within the economic profession - between the New Class-ical economists and the New Keynesians.
Two economists who specialise in understanding behaviour and transactions which are not covered by detailed contracts or law shared the 2009 Nobel prize for economics yesterday.
But economists disagree on how to measure PPP.
Blogs have enabled economists to turn their microphones into megaphones. In this model, the value of influence is priceless.
Today, most economists do not forecast a recession in America.
Merrill Lynch economists argue that the earthquake should have less of an effect on the country's export-oriented industries, because the chief production sites for those are along the eastern coast.
Retail sales fell by 1.6% in the year to September, and economists at Barclays Capital reckon new-car sales fell to their lowest level in October since 1997, once seasonal factors are adjusted for.
What are economists good for?
Moreover, they may find it difficult to defer gratification or, as economists like to put it, they use hyperbolic discounting.
The economists trawled a vast amount of rather unusual data to reach their conclusions.
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