Rational Expectations Quotes
- Economists who adhere to rational-expectations models of the world will never admit it, but a lot of what happens in markets is driven by pure… — Robert J. Shiller
- The first and most optimistic response was complete rational expectations econometrics. A rational expectations equilibrium is a likelihood function. Maximize it. — Thomas J. Sargent
- I am not well qualified to criticize the theory of rational expectations and the efficient market hypothesis because as a market participant I considered them… — George Soros
- There is one unmistakable lesson in American history: A community that allows a large number of young men to grow up in broken families, dominated… — Daniel Patrick Moynihan
- Lucas attended a conference on rational expectations at the University of Minnesota in the spring of 1973. The day after the conference, I received a… — Thomas J. Sargent