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Ben Bernanke Quotes: Economic engineering is about the design and analysis of frameworks for achieving specific economic objectives.
         

Economic engineering is about the design and analysis of frameworks for achieving specific economic objectives.


Ben Bernanke
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Economic engineering is about the design and analysis of frameworks for achieving specific economic objectives.
         



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Other quotes of Ben Bernanke


Nobody likes to fail but failure is an essential part of life and of learning. If your uniform isn't dirty, you haven't been in the game.

Nobody likes to fail but failure is an essential part of life and of learning. If your uniform isn't dirty, you haven't been in the game.



It must be awfully frustrating to get a small raise at work and then have it all eaten by a higher cost of commuting.

It must be awfully frustrating to get a small raise at work and then have it all eaten by a higher cost of commuting.



The U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost.

The U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost.



The financial crisis appears to be mostly behind us, and the economy seems to have stabilized and is expanding again.

The financial crisis appears to be mostly behind us, and the economy seems to have stabilized and is expanding again.



Monetary policy is not a panacea.

Monetary policy is not a panacea.



Monetary policy cannot do much about long-run growth, all we can try to do is to try to smooth out periods where the economy is depressed because of lack of demand

Monetary policy cannot do much about long-run growth, all we can try to do is to try to smooth out periods where the economy is depressed because of lack of demand



If you want to understand geology, study earthquakes. If you want to understand the economy, study the Depression.

If you want to understand geology, study earthquakes. If you want to understand the economy, study the Depression.



Economics is a very difficult subject. I've compared it to trying to learn how to repair a car when the engine is running.

Economics is a very difficult subject. I've compared it to trying to learn how to repair a car when the engine is running.



Economics is a highly sophisticated field of thought that is superb at explaining to policymakers precisely why the choices they made in the past were wrong. About the future, not so much.

Economics is a highly sophisticated field of thought that is superb at explaining to policymakers precisely why the choices they made in the past were wrong. About the future, not so much.



If you are not happy with yourself, even the loftiest achievements won't bring you much satisfaction.

If you are not happy with yourself, even the loftiest achievements won't bring you much satisfaction.





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A little manic was okay. A little manic paid the bills and got him up in the morning, made him magic when he needed it most.

A little manic was okay. A little manic paid the bills and got him up in the morning, made him magic when he needed it most.



When we say ‘Yes’ to something we are always saying‘No’ to something else. So in that way, we never ‘don’t do’ anything. We are just doing something else.

When we say ‘Yes’ to something we are always saying‘No’ to something else. So in that way, we never ‘don’t do’ anything. We are just doing something else.




Worry is like a rocking chair-it keeps you busy but gets you nowhere.

Worry is like a rocking chair-it keeps you busy but gets you nowhere.



You never know anyone until you marry them.

You never know anyone until you marry them.



Many a true word is spoken in jest

Many a true word is spoken in jest



It's not a matter of painting life, it's a matter of giving life to painting.

It's not a matter of painting life, it's a matter of giving life to painting.



For if the talent or individuality is there, it should be expressed. If it doesn't find its way out into the air, it can be turned inward and gnaw like the fox at the Spartan boy's belly.

For if the talent or individuality is there, it should be expressed. If it doesn't find its way out into the air, it can be turned inward and gnaw like the fox at the Spartan boy's belly.



To be the England manager you must win every game, not do anything in your private life and hopefully not earn too much money!

To be the England manager you must win every game, not do anything in your private life and hopefully not earn too much money!



Venice is all sea and sculpture.

Venice is all sea and sculpture.




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This page presents the quote "Economic engineering is about the design and analysis of frameworks for achieving specific economic objectives.". Author of this quote is Ben Bernanke. This quote is about engineering, achieving,.