Alan S. Blinder

“Don’t overstate your likely achievements; when in doubt, understate them.”

— Alan S. Blinder

“During a bubble, we often hear stories about how some grand new era makes previous valuation standards obsolete.”

— Alan S. Blinder

“you don’t get far in political discourse with counterfactual arguments that “it would have been even worse.”

— Alan S. Blinder

“We humans, it appears, are prone to overconfidence, herding behavior, unwarranted extrapolation of recent trends, and contagious waves of wishful thinking—all key…

— Alan S. Blinder

“If your negligent neighbor falls asleep with a lit cigarette in his mouth, setting his house on fire, he’s irresponsible and guilty.…

— Alan S. Blinder

“One other important footnote to history: On Sunday, March 16, the same day that JP Morgan Chase announced its purchase of Bear…

— Alan S. Blinder

“KEYNESIAN ECONOMICS AND STIMULUS Keynesian economics is based on the notion that unemployment arises when total or aggregate demand in an economy…

— Alan S. Blinder

“The adjective “efficient” in “efficient markets” refers to how investors use information. In an efficient market, every titbit of new information is…

— Alan S. Blinder

“Why did so many smart people believe these laissez-fairey tales? It’s a good question. Some of the blame surely goes to the…

— Alan S. Blinder

“John Maynard Keynes, the great British economist, died in 1946. But his ghost lives on. When economies around the world contracted sharply…

— Alan S. Blinder

“John Maynard Keynes, the great British economist, died in 1946. But his ghost lives on. When economies around the world contracted sharply…

— Alan S. Blinder