Thomas J. Sargent Quotes

I think you've got to watch out for anybody in high school who says he wants to become an economist.
Thomas J. Sargent

School, Become, High

I wasn't the brightest kid, not by a long shot. I was interested in football, in girls, in getting my work done with the least amount of effort.
Thomas J. Sargent

Work, Long, Football

I'm happy to say I am a Harrison-Kreps-Keynesian.
Thomas J. Sargent

In the 1980s, there were occasions when it made sense to say, 'it is too difficult to maximize the likelihood function, and besides if we do, it will blow our model out of the water.'
Thomas J. Sargent

Made, Sense, Difficult

Keynes was a very good economist. He was brilliant. He had wonderful insights. His work has inspired me many times.
Thomas J. Sargent

Work, Good, Wonderful

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 call from Pittsburgh.
Thomas J. Sargent

Spring, After, Call

The first and most optimistic response was complete rational expectations econometrics. A rational expectations equilibrium is a likelihood function. Maximize it.
Thomas J. Sargent

Optimistic, Complete, Function

There was a danger that skeptics and opponents would misread those likelihood ratio tests as rejections of an entire class of models, which of course they were not.
Thomas J. Sargent

Danger, Class, Tests

What I really don't like is oversimplification.
Thomas J. Sargent

Share with your Friends

Everyone likes a good quote - don't forget to share.

Biography

Nationality: American

Type: Economist

Born: July 19, 1943

Links

Find on Amazon: Thomas J. Sargent

Cite this Page: Citation

Related Authors

Thomas Sowell
Milton Friedman
John Kenneth Galbraith
Alan Greenspan
Paul Samuelson
Joseph A. Schumpeter
Henry George
Murray Rothbard
More

Get Social with BrainyQuote

BrainyQuote Desktop

BrainyQuote Mobile

Site

Quote of the Day

Social

BQ on Pinterest

Syndication

Funny Quote Feed

Love Quote Feed

Nature Quote Feed

About Us