It is paradoxical that an administration that came to office rejecting the whole apparatus of Keynesian economics finds itself presiding over a stream of what threaten to be permanent deficits. (Thomas J. Sargent)

It is paradoxical that an administration that came to office rejecting the whole apparatus of Keynesian economics finds itself presiding over a stream of what threaten to be permanent deficits.

Thomas J. Sargent

Related topics

administration apparatus came economics office permanent stream keynesian

Related quotes

Remember that sign they hung up in an EPA office during the Reagan administration, "No good deed goes unpunished"? Under George Bush, no good science goes unpunished.

David Helvarg

Consul - in American politics, a person who having failed to secure an office from the people is given one by the Administration on condition that he leave the country.

Ambrose Bierce

Bin Laden comes out of a business background - he studied public administration and economics at university, and he worked for his family company, which was obviously a rather successful enterprise.

Peter L. Bergen

[Re:Claims Direct] No win, no fee, no basis in reality. Just a room above a minicab office in Acton and a steady stream of greedy simpletons whose delusion is only matched by their clumsiness.

Bill Bailey

It is too early to say there is a consensus about how all these topics fit together. Yet one can say that the new classical challenge has been met: Keynesian economics has been reincarnated into a body with firm microeconomic muscle.

Greg Mankiw