Early on, in discussions of financial oversight, people would say, 'Well, this is a very complicated problem, therefore it requires a complicated solution.' And at that step, I would say, 'Well, wait a minute. Just because it's a complicated problem… — Lars Peter Hansen Copy Share Image
It's kind of a funny way to put it, but if you want to study a dynamic economic system, what you'd like to be able to do is focus on the linkages, say, between asset markets and the macro economy… — Lars Peter Hansen Copy Share Image
If you simply announce that things are irrational, then that alone doesn't get you very far. You have to replace rational agents with some… — Lars Peter Hansen Copy Share Image
I think the understanding of the role of markets has really helped advance the values of entrepreneurship. Its helped shape public policy discussions in… — Lars Peter Hansen Copy Share Image
I work on the boundary between economics and statistics in this field called econometrics. Part of my interest is understanding how you use statistics… — Lars Peter Hansen Copy Share Image
I think the understanding of the role of markets has really helped advance the values of entrepreneurship. It's helped shape public policy discussions in… — Lars Peter Hansen Copy Share Image
Early on, in discussions of financial oversight, people would say, 'Well, this is a very complicated problem, therefore it requires a complicated solution.' And… — Lars Peter Hansen Copy Share Image
A lot of my colleagues have been people with broad interests in economics, not just narrowly focused interests. — Lars Peter Hansen Copy Share Image
It's kind of a funny way to put it, but if you want to study a dynamic economic system, what you'd like to be… — Lars Peter Hansen Copy Share Image
I view the work I've done related to statistics and economics as, roughly speaking, how to do something without having to do everything. — Lars Peter Hansen Copy Share Image
There is a big divergence between views on a variety of policy issues from fiscal stimulus to financial regulation. It's my hope and my… — Lars Peter Hansen Copy Share Image
