Allow Quote by Ben Bernanke
“Evolving technologies that allow economists to gather new types of data and to manipulate millions of data points are just one factor among several that are likely to transform the field in coming years.”
About This Quote
Source Speech: Remarks at Economic Symposium, 2018
New data tools will reshape economics, but they are only one of many drivers of change.
In simple terms: Data tools will change economics, but not alone.
Key Takeaway
Embrace data while staying open to other influences.
Themes
economics
technology
innovation
Mood
optimistic
analytical
Type
forecasting
strategic
When to use this quote
- policy analysis
- academic research
- financial forecasting
- public discourse
Key Concepts
big data
methodology
future trends
Questions to Reflect On
- How will data reshape economic theory?
- What non‑data factors remain crucial?
A Different Perspective
Data alone cannot solve deep structural issues.
