David Colander quotes

In reading the economics journals and talking with newly-minted PhDs, it is as if Keynesian economics never existed. (David Colander)
Keynes is dead; dynamic programming; Keynes is still dead. That's the way Stanford graduate economics students recently summed up what they had learned in their core graduate macroeconomics course. View quote
David Colander
In complexity economics one is not searching out the truth; one is simply searching for a statistical fit that can be temporarily useful in our understanding of the economy. View quote
David Colander
Colander: What's your view of the New Keynesian approach? Tobin: I'm not sure what that means. If it means people like Greg Mankiw, I don't regard them as Keynesians. I don't think they have involuntary unemployment or absence of market clearing. It is a misnomer to call Mankiw any form of Keynesian. Colander: How about real-business-cycle theorists? Tobin: Well, that's just the enemy. View quote
David Colander

David Colander

Occupation: American Economist
Born: 1947
Died: December 4, 2023
Quotes count: 4
Wikipedia: David Colander