--- title: "Meaning & Key Takeaway of: At the time, my personal research…" description: "\"At the time, my personal research objectives were to provide Keynesian economics with more rigorous foundations and to tighten and elaborate the logic ..." image: "https://sms4smile.com/quotes/i/180/james-tobin-35957_economics_at-the-time-my-personal-research-objecti_503971.jpg" --- # At the time, my personal research objectives were to… ![“At the time, my personal research objectives were to provide Keynesian economics with more rigorous foundations and to tighten and elaborate the logic of macroeconomic and monetary theory.” quote by James Tobin](https://sms4smile.com/quotes/i/180/james-tobin-35957_economics_at-the-time-my-personal-research-objecti_503971.jpg) [Download](https://sms4smile.com/quotes/i/180/james-tobin-35957_economics_at-the-time-my-personal-research-objecti_503971.jpg) [Open image](https://sms4smile.com/quotes/i/180/james-tobin-35957_economics_at-the-time-my-personal-research-objecti_503971.jpg) > “At the time, my personal research objectives were to provide Keynesian economics with more rigorous foundations and to tighten and elaborate the logic of macroeconomic and monetary theory.” [James Tobin](https://sms4smile.com/quotes/author/james-tobin/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The author aimed to give Keynesian theory a more rigorous, logical basis and to clarify macro‑economic and monetary concepts. **In simple terms:** Seeking stronger, clearer economic theory. Key Takeaway Pursue precise, logical foundations. Themes economics theory methodology Mood analytical critical Type academic theoretical When to use this quote - policy analysis - academic research - economic modeling Key Concepts macroeconomics monetary policy rigor Questions to Reflect On - How can rigorous theory stay relevant to practice? - What limits exist in formalizing economics? A Different Perspective Complex models may oversimplify real‑world variability. ★ ★ ★ ★ ★ No ratings yet [Economics](https://sms4smile.com/quotes/about/economics/) [Foundations](https://sms4smile.com/quotes/about/foundations/) [Logic](https://sms4smile.com/quotes/about/logic/) [Personal](https://sms4smile.com/quotes/about/personal/) [Research](https://sms4smile.com/quotes/about/research/) [Tighten](https://sms4smile.com/quotes/about/tighten/) [Time](https://sms4smile.com/quotes/about/time/) ## Related quotes > [We're facing a danger that economics is rigorous deduction based upon faulty assumptions. Science after science gets that way from time to time. When…](https://sms4smile.com/quotes/w-brian-arthur/we-re-facing-a-danger-that-economics-is-rigorous-deduction-based-upon/) [W. Brian Arthur](https://sms4smile.com/quotes/author/w-brian-arthur/) > [“KEYNESIAN ECONOMICS AND STIMULUS Keynesian economics is based on the notion that unemployment arises when total or aggregate demand in an economy falls short…](https://sms4smile.com/quotes/alan-s-blinder/keynesian-economics-and-stimulus-keynesian-economics-is-based-on-the/) [Alan S. Blinder](https://sms4smile.com/quotes/author/alan-s-blinder/) > [You can never perfect nothing, really, so I need to tighten up my ballhandling, my shooting.](https://sms4smile.com/quotes/andrew-wiggins/you-can-never-perfect-nothing-really-so-i-need-to-tighten-up-my/) [Andrew Wiggins](https://sms4smile.com/quotes/author/andrew-wiggins/) > [For me, the reason I keep working out and want to get bigger and focus on staying fit is because when you do fall…](https://sms4smile.com/quotes/ryan-sheckler/for-me-the-reason-i-keep-working-out-and-want-to-get-bigger-and-focus/) [Ryan Sheckler](https://sms4smile.com/quotes/author/ryan-sheckler/) > [When my girlfriend and I fight, I tighten the top to every jar and bottle in the house. Just so I can say "Oh…](https://sms4smile.com/quotes/anonymous/when-my-girlfriend-and-i-fight-i-tighten-the-top-to-every-jar-and/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [When you drop weight, the closer you come to the fight, the more your muscles tighten up.](https://sms4smile.com/quotes/amir-khan/when-you-drop-weight-the-closer-you-come-to-the-fight-the-more-your/) [Amir Khan](https://sms4smile.com/quotes/author/amir-khan/) > [“It doesn’t matter.” His arms tighten around me—brick hard. “Right now it’s you and me. Today. Tomorrow. And the day after that and the…](https://sms4smile.com/quotes/angela-morrison/it-doesn-t-matter-his-arms-tighten-around-me-brick-hard-right-now-it/) [Angela Morrison](https://sms4smile.com/quotes/author/angela-morrison/) > [Why did the Clinton Administration wait from 1995 to 1998 to tighten security and bolster counterintelligence at U.S. weapons labs?](https://sms4smile.com/quotes/anonymous/why-did-the-clinton-administration-wait-from-1995-to-1998-to-tighten/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [If you discovered something that made you tighten inside, you had better try to learn more about it.](https://sms4smile.com/quotes/nicholas-sparks/if-you-discovered-something-that-made-you-tighten-inside-you-had/) [Nicholas Sparks](https://sms4smile.com/quotes/author/nicholas-sparks/) > [Tighten my headband for an extra rush.](https://sms4smile.com/quotes/frank-zappa/tighten-my-headband-for-an-extra-rush/) [Frank Zappa](https://sms4smile.com/quotes/author/frank-zappa/) > [There was no way to lock down, or tighten up, or Fail-Safe into Security Theater a race that covers 26.2 miles, a race that…](https://sms4smile.com/quotes/charlie-pierce/there-was-no-way-to-lock-down-or-tighten-up-or-fail-safe-into/) [Charlie Pierce](https://sms4smile.com/quotes/author/charlie-pierce/) > [After victory, tighten the cords of your helmet.](https://sms4smile.com/quotes/ieyasu-tokugawa/after-victory-tighten-the-cords-of-your-helmet/) [Ieyasu Tokugawa](https://sms4smile.com/quotes/author/ieyasu-tokugawa/) > [Or if I have my head in the results, I can't work with what I have, because I'm trying to force something to happen.…](https://sms4smile.com/quotes/kathy-mattea/or-if-i-have-my-head-in-the-results-i-can-t-work-with-what-i-have/) [Kathy Mattea](https://sms4smile.com/quotes/author/kathy-mattea/) > [Across the country, people are willing to tighten their belts and sacrifice. The president should ask the oil industry to do the same.](https://sms4smile.com/quotes/john-salazar/across-the-country-people-are-willing-to-tighten-their-belts-and/) [John Salazar](https://sms4smile.com/quotes/author/john-salazar/) > [There are illegal votes cast, and if we can tighten down, we should do it.](https://sms4smile.com/quotes/chris-collins/there-are-illegal-votes-cast-and-if-we-can-tighten-down-we-should-do/) [Chris Collins](https://sms4smile.com/quotes/author/chris-collins/) ## More by James Tobin > [The crisis triggered a fertile period of scientific ferment and revolution in economic theory.](https://sms4smile.com/quotes/james-tobin/the-crisis-triggered-a-fertile-period-of-scientific-ferment-and/) [James Tobin](https://sms4smile.com/quotes/author/james-tobin/) > [The miserable failures of capitalist economies in the Great Depression were root causes of worldwide social and political disasters.](https://sms4smile.com/quotes/james-tobin/the-miserable-failures-of-capitalist-economies-in-the-great/) [James Tobin](https://sms4smile.com/quotes/author/james-tobin/) > [The greatest good fortune of my return to Cambridge in 1946 was that there, in the spring, I met Elizabeth Fay Ringo. We were…](https://sms4smile.com/quotes/james-tobin/the-greatest-good-fortune-of-my-return-to-cambridge-in-1946-was-that/) [James Tobin](https://sms4smile.com/quotes/author/james-tobin/) > [From 1966 to 1970 I served as Chairman of the New Haven City Plan Commission.](https://sms4smile.com/quotes/james-tobin/from-1966-to-1970-i-served-as-chairman-of-the-new-haven-city-plan/) [James Tobin](https://sms4smile.com/quotes/author/james-tobin/) > [I was born in Champaign in 1918. From the neighborhood elementary and intermediate schools, I went to the University High School in the twin…](https://sms4smile.com/quotes/james-tobin/i-was-born-in-champaign-in-1918-from-the-neighborhood-elementary-and/) [James Tobin](https://sms4smile.com/quotes/author/james-tobin/) > [My father also happened to be an intellectual, as learned, literate, informed, and curious as anyone I have known. Unobtrusively and casually, he was…](https://sms4smile.com/quotes/james-tobin/my-father-also-happened-to-be-an-intellectual-as-learned-literate/) [James Tobin](https://sms4smile.com/quotes/author/james-tobin/) > [After the United States entered the war, I joined the Naval Reserve and spent ninety days in a Columbia University dormitory learning to be…](https://sms4smile.com/quotes/james-tobin/after-the-united-states-entered-the-war-i-joined-the-naval-reserve/) [James Tobin](https://sms4smile.com/quotes/author/james-tobin/) > [I studied economics and made it my career for two reasons. The subject was and is intellectually fascinating and challenging, particularly to someone with…](https://sms4smile.com/quotes/james-tobin/i-studied-economics-and-made-it-my-career-for-two-reasons-the-subject/) [James Tobin](https://sms4smile.com/quotes/author/james-tobin/) > [“Eleanor Roosevelt and others said polio changed Roosevelt, that it made him more compassionate. That may be so. But the first impact of the…](https://sms4smile.com/quotes/james-tobin/eleanor-roosevelt-and-others-said-polio-changed-roosevelt-that-it/) [James Tobin](https://sms4smile.com/quotes/author/james-tobin/) > [Yale places great stress on undergraduate and graduate teaching. I like teaching, and I do a lot of it.](https://sms4smile.com/quotes/james-tobin/yale-places-great-stress-on-undergraduate-and-graduate-teaching-i/) [James Tobin](https://sms4smile.com/quotes/author/james-tobin/) > [Most important, I have learned from my colleagues and students.](https://sms4smile.com/quotes/james-tobin/most-important-i-have-learned-from-my-colleagues-and-students/) [James Tobin](https://sms4smile.com/quotes/author/james-tobin/) > [At the same time it offered the hope, as it still does, that improved understanding could better the lot of mankind. For me, growing…](https://sms4smile.com/quotes/james-tobin/at-the-same-time-it-offered-the-hope-as-it-still-does-that-improved/) [James Tobin](https://sms4smile.com/quotes/author/james-tobin/) [Explore all 13 James Tobin quotes ](https://sms4smile.com/quotes/author/james-tobin/) ## More Economics quotes > [Don't let's lose sight of what creates wealth. It is open markets, it is capitalism.](https://sms4smile.com/quotes/rupert-murdoch/don-t-let-s-lose-sight-of-what-creates-wealth-it-is-open-markets-it/) [Rupert Murdoch](https://sms4smile.com/quotes/author/rupert-murdoch/) > [Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours.](https://sms4smile.com/quotes/alan-greenspan/crony-capitalism-is-essentially-a-condition-in-which-public-officials/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) > [Our biggest challenge is to eliminate the popular perception that economists don't have anything useful to say.](https://sms4smile.com/quotes/mark-zandi/our-biggest-challenge-is-to-eliminate-the-popular-perception-that/) [Mark Zandi](https://sms4smile.com/quotes/author/mark-zandi/) > [Advances in technology will continue to reach far into every sector of our economy. Future job and economic growth in industry, defense, transportation, agriculture,…](https://sms4smile.com/quotes/christopher-bond/advances-in-technology-will-continue-to-reach-far-into-every-sector/) [Christopher Bond](https://sms4smile.com/quotes/author/christopher-bond/) > [Our engagement through international economics, trade, these trade agreements, is vital and is linked to our national security. This is a lesson we learned…](https://sms4smile.com/quotes/charles-boustany/our-engagement-through-international-economics-trade-these-trade/) [Charles Boustany](https://sms4smile.com/quotes/author/charles-boustany/) > [“The free-market economy and globalisation process have brought about, in the late twentieth and early twenty-first century, a sharp and sudden rise in the…](https://sms4smile.com/quotes/yaakov-malkin/the-free-market-economy-and-globalisation-process-have-brought-about/) Yaakov Malkin > [“Everything economic science posits as given, that is, the range of dispositions of the economic agent which ground the illusion of the ahistorical universality…](https://sms4smile.com/quotes/pierre-bourdieu/everything-economic-science-posits-as-given-that-is-the-range-of/) [Pierre Bourdieu](https://sms4smile.com/quotes/author/pierre-bourdieu/) > [Politics is about power. It is about the power of the state. It is about the power of the state as applied to individuals,…](https://sms4smile.com/quotes/kevin-rudd/politics-is-about-power-it-is-about-the-power-of-the-state-it-is/) [Kevin Rudd](https://sms4smile.com/quotes/author/kevin-rudd/) > [Having an economy that works for the 99% is achievable.](https://sms4smile.com/quotes/winnie-byanyima/having-an-economy-that-works-for-the-99-is-achievable/) [Winnie Byanyima](https://sms4smile.com/quotes/author/winnie-byanyima/) > [“a select group of high-performing companies have managed to close the strategy-to-performance gap through better planning and execution. These companies—Barclays, Cisco Systems, Dow Chemical,…](https://sms4smile.com/quotes/michael-c-mankins/a-select-group-of-high-performing-companies-have-managed-to-close-the/) [Michael C. Mankins](https://sms4smile.com/quotes/author/michael-c-mankins/) > [The system of private property is the most important guaranty of freedom, not only for those who own property, but scarcely less for those…](https://sms4smile.com/quotes/friedrich-august-von-hayek/the-system-of-private-property-is-the-most-important-guaranty-of/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) > [Economists think about what people ought to do. Psychologists watch what they actually do.](https://sms4smile.com/quotes/daniel-kahneman/economists-think-about-what-people-ought-to-do-psychologists-watch/) [Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/) > [The politician attempts to remedy the evil by increasing the very thing that caused the evil in the first place: legal plunder.](https://sms4smile.com/quotes/frederic-bastiat/the-politician-attempts-to-remedy-the-evil-by-increasing-the-very/) [Frederic Bastiat](https://sms4smile.com/quotes/author/frederic-bastiat/) > [“Economists have a singular method of procedure. There are only two kinds of institutions for them, artificial and natural. The institutions of feudalism are…](https://sms4smile.com/quotes/karl-marx/economists-have-a-singular-method-of-procedure-there-are-only-two/) [Karl Marx](https://sms4smile.com/quotes/author/karl-marx/) > [As the variable capital always stays in the hands of the capitalist in some form or other, it cannot be claimed in any way…](https://sms4smile.com/quotes/karl-marx/as-the-variable-capital-always-stays-in-the-hands-of-the-capitalist/) [Karl Marx](https://sms4smile.com/quotes/author/karl-marx/) [Browse all 7,788 Economics quotes ](https://sms4smile.com/quotes/about/economics/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "At the time, my personal research objectives were to provide Keynesian economics with more rigorous foundations and to tighten and elaborate the logic of macroeconomic and monetary theory.", "creator": { "@type": "Person", "name": "James Tobin" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/james-tobin/at-the-time-my-personal-research-objectives-were-to-provide-keynesian/", "about": { "@type": "Thing", "name": "Economics" }, "@id": "https://sms4smile.com/quotes/james-tobin/at-the-time-my-personal-research-objectives-were-to-provide-keynesian/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/180/james-tobin-35957_economics_at-the-time-my-personal-research-objecti_503971.jpg", "contentUrl": "https://sms4smile.com/quotes/i/180/james-tobin-35957_economics_at-the-time-my-personal-research-objecti_503971.jpg", "url": "https://sms4smile.com/quotes/i/180/james-tobin-35957_economics_at-the-time-my-personal-research-objecti_503971.jpg", "width": 1080, "height": 1080, "caption": "“At the time, my personal research objectives were to provide Keynesian economics with more rigorous…” — James Tobin", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "James Tobin", "item": "https://sms4smile.com/quotes/author/james-tobin/" }, { "@type": "ListItem", "position": 4, "name": "At the time, my personal research...", "item": "https://sms4smile.com/quotes/james-tobin/at-the-time-my-personal-research-objectives-were-to-provide-keynesian/" } ], "@id": "https://sms4smile.com/quotes/james-tobin/at-the-time-my-personal-research-objectives-were-to-provide-keynesian/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```