And the maestro surely wielded the chairman's baton with extraordinary skill. His stellar record suggests that the only right answer to the age-old question of whether it is better to be lucky or good may be both.
More Quotes from Alan Blinder:
We all remember the 'jobless recovery' of the 1990s -- that experience was, for the labor market, significantly worse than any in post-World War II history,Alan Blinder
In the classic old business cycle, there would be a diminution in sales it would take a little while for this information to reach corporate headquarters, ... And there would be an inventory pileup. And then - bam - businesses would react, sometimes violently, by cutting production.
Alan Blinder
The current episode is vastly worse than that there's only been the slightest bit of a paltry recovery in the labor market.
Alan Blinder
We will soon learn whether the Greenspan era has created a deep reservoir of faith in the Federal Reserve, or just in Alan Greenspan.
Alan Blinder
Monetary policy has become much less political than it used to be years back, and centuries back. There's a consensus on what monetary policy should be doing, which is to say keeping inflation low and, subject to that constraint, keeping employment high. So politicians take this attitude that it's for technocrats, and it doesn't matter too much whether the guy is a Republican or a Democrat.
Alan Blinder
The Fed is watching with every eye, ear, and nose it has for evidence that oil prices are creeping into core inflation.
Alan Blinder
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Based on Keywords: age-old, baton, chairmans, maestro, stellar, wieldedLearn from me, if not by my precepts, then by my example, how dangerous is the pursuit of knowledge and how much happier is that man who believes his native town to be the world than he who aspires to be greater than his nature will allow.
Mary Wollstonecraft
In poetic language, in which the sign as such takes on an autonomous value, this sound symbolism becomes an actual factor and creates a sort of accompaniment to the signified.
Roman Jakobson
I think each one of us has committed to improving.
Jimmy Haynes