Alternatives Quote by Ben Bernanke
“I think that having good data, good statistics-and the United States generally has better macroeconomic statistics than most countries-and having good economists to interpret those data and present the policy alternatives, has a substantially beneficial effect on policymaking in the United States.”
About This Quote
Source Speech: Economic policy discussion, United States, 2010s
Good data, statistics, and skilled economists improve policy decisions, giving the U.S. an advantage.
In simple terms: Quality data and experts enhance policy.
Invest in data and expertise.
Themes
Mood
Type
When to use this quote
- government decision‑making
- financial planning
- research institutions
Key Concepts
Questions to Reflect On
- How can we ensure data integrity?
- What role do economists play in society?
Data quality can be limited by bias.