KeenBrain
KeenBrain
KeenBrain

George Akerlof Quotes


Share this page on

Quotes by George Akerlof

Showing 11-18 of 18 Quotes by George Akerlof

My father was a chemist on the Yale faculty, my mother a housewife.

~George Akerlof

Topics: Chemist Faculty Father Housewife Mother Yale

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


My mother, whose interest in chemistry was rather minimal, nevertheless went to graduate school in the subject and married my father, for whom it was as important as life itself.

~George Akerlof

Topics: Chemistry Father Graduate Graduate School Important Interest Itself Life Married Minimal Mother Nevertheless Rather School Subject Whom Whose

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


My brother Carl became a physicist; I became an economist.

~George Akerlof

Topics: Became Brother Economist Physicist

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


The failure of credit markets is one of the major reasons for underdevelopment.

~George Akerlof

Topics: Credit Failure Major Markets Reasons

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


Prior to the early 1960s, economic theorists rarely constructed models customized to capture unique institutions or specific market characteristics.

~George Akerlof

Topics: Capture Characteristics Constructed Early Economic Institutions Market Models Prior Rarely Specific Unique 1960S

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


In New Classical theory, periods of declining employment - business cycle downturns - may be caused by an unexpected decline in aggregate demand, which leaves workers mistakenly holding out for nominal wages that exceed the new market-clearing level.

~George Akerlof

Topics: Aggregate Business Caused Classical Cycle Decline Declining Demand Employment Exceed Holding Leaves Level May New Out Periods Theory Unexpected Wages Which Workers

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


I would never have been a good reporter because I am not accurate regarding facts.

~George Akerlof

Topics: Accurate Am Because Been Facts Good Never Regarding Reporter Would I Am

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


Parents don't take a baby's temperature to decide whether the room is too warm; likewise, for global warming, we need a story that spurs us to do what is necessary.

~George Akerlof

Topics: Baby Decide Global Global Warming Likewise Necessary Need Parents Room Spurs Story Take Temperature Too Us Warm Warming Whether

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


Biography

Nationality: American

Type: Economist

Born: June 17th, 1940

Links

Find George Akerlof on Amazon

Related Authors

Milton Friedman
John Kenneth Galbraith
Alan Greenspan
Robert Reich
Murray Rothbard
Paul Samuelson
Thomas Sowell
Thorstein Veblen

Popular Authors

Ansel Adams Nuno Bettencourt Les Brown Angela Davis Galileo Galilei Johann Wolfgang Von Goethe Albert Schweitzer William Butler Yeats

Change your beliefs...change your life.

Get a related quote or insight every day.

(it's 100% free)

Follow Us On

Today's Birthdays

1806 - Isambard K. Brunel

1821 - Charles Baudelaire

1865 - Adela Florence Nicolson

1872 - Leon Blum

1888 - Sol Hurok

1893 - Charles Simmons

1898 - Paul Robeson

1905 - J. William Fulbright

1906 - Victor Vasarely

1910 - Abraham A. Ribicoff

Birthdays on April 9th
All Birthdays

Popular Topics

Attitude Communication Leadership Life Memorial Day Mother's Day Society War