Phrase by 'Austan Goolsbee'
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Giving Northern Europe a veto over Southern Europe's budgets will not hold a monetary union together. The euro zone will continue to need the weaker countries to stomach decades of high unemployment to grind down wages.
Author: Austan Goolsbee - American Public ServantWill , Down , Together , High
At the time of the formation of the euro, I would say most American economists said that's not a good idea; that's not a currency area that makes sense. And the answer from Europe was, 'How is Missouri and Mississippi a currency area?' But the flaw in that was not recognizing the importance of mobility.
Author: Austan Goolsbee - American Public ServantTime , Say , Good , American
You can't look back at the worst financial crisis of our lifetimes that started in 2008 and not have some important lessons about the critical nature of oversights in financial markets and institutions.
Author: Austan Goolsbee - American Public ServantYou , Look , Important , Nature
If a lobbyist sets up shop, or a lawyer, in which they're receiving income through what is something like a tax loophole so that it's not counting as corporate income, that is what this is counting as a small business.
Author: Austan Goolsbee - American Public ServantSomething , Like , Business , Small , Lawyer
Cutting taxes for very high income people an average of more than $100,000 a year for people that make more than a million dollars a year is not an effective way to get the economy going.
Author: Austan Goolsbee - American Public ServantMore , People , Way , High , Year
For policy makers interested in using tax policy to stimulate investments or especially to smooth business cycle fluctuations, the results are not promising.
Author: Austan Goolsbee - American Public ServantBusiness , Results , Tax , Policy
I am a data hound and so I usually end up working on whatever things I can find good data on. The rise of Internet commerce completely altered the amount of information you could gather on company behavior so I naturally drifted toward it.
Author: Austan Goolsbee - American Public ServantInternet , You , I Am , Good
We enter the government essentially in a hotel that is on fire. We're throwing people from the windows into the pool to save their lives and this is the evaluation of the Olympic diving committee: Well, the splash was too big.
Author: Austan Goolsbee - American Public ServantPeople , Pool , Fire , Government
If you had asked people in 1929, 'Here is what is about to happen. How much would you pay to avoid the Great Depression from occurring?' The answer is they would have paid a lot. They would have borrowed money if it could be used to prevent the Great Depression.
Author: Austan Goolsbee - American Public ServantYou , People , Depression , Money
I believe - I'm not a political expert, but I believe there is a broad consensus, a middle ground if you will, that Democrats and Republicans, business people and workers can agree on, to get this - the economy growing faster, getting people back to work.
Author: Austan Goolsbee - American Public ServantYou , People , Work , Business
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