If you try to give an on-the-one-hand-or-the-other-hand answer, only one of the hands tends to get quoted.
Alan Blinder Quotes
Economists have the least influence on policy where they know the most and are most agreed...the most influence on policy where they know the least and disagree most.
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Influence is to be measured, not by the extent of surface it covers, but by its kind.
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| Birth: | 14th October, 1945 |
| Nationality: | American |
| Profession: | Economist, Professor, Writer |
About
Alan Stuart Blinder is an American economist. Blinder received his undergraduate degree in economics from Princeton, graduating summa cum laude in 1967. He subsequently gained an MSc in economics from the London School of Economics and then received his doctorate in economics from the Massachusetts Institute of Technology in 1971. He serves at Princeton University as the Gordon S. Rentschler Memorial Professor of Economics and Public Affairs in the Economics Department, and vice chairman of The Observatory Group. He founded Princeton’s Griswold Center for Economic Policy Studies in 1990. Since 1978 he has been a Research Associate of the National Bureau of Economic Research. He is also a co-founder and a vice chairman of the Promontory Interfinancial Network, LLC. He is among the most influential economists in the world according to IDEAS/RePEc and is "considered one of the great economic minds of his generation." Blinder served on President Bill Clinton's Council of Economic Advisers, and as the Vice Chairman of the Board of Governors of the Federal Reserve System from June 27, 1994, to January 31, 1996. His latest book is After the Music Stopped, published by Penguin in January 2013.
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