Phrase by 'George Akerlof'

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The only way we are going to ameliorate pressing social needs is through public intervention.

Author: George Akerlof - American Economist
  Only , Social , Way , Through


My Swedish grandmother was the daughter of a dairy farmer who lived near Hedemora. My Swedish grandfather worked as a clerk for the Swedish railways in the Stockholm station.

Author: George Akerlof - American Economist
  Who , Daughter , Grandfather , Farmer


I think what Bob Shiller and I are doing is we're focusing on macroeconomics and the role of psychology in macroeconomics.

Author: George Akerlof - American Economist
  Doing , Think , I Think , Psychology


I've always been a macroeconomist. That's what I teach. And I guess that's what I've been concerned with ever since I've been very young.

Author: George Akerlof - American Economist
  Always , Guess , Young , Teach


Keynesian economics has always been needed.

Author: George Akerlof - American Economist
  Always , Been , Economics , Needed


When you give chief executives too much compensation in stock options, they concentrate too much on the stock price, and there is a perverse incentive to raise the stock price, particularly when the chief executive wants to exercise his own options.

Author: George Akerlof - American Economist
  You , Too Much , Price , Exercise


The whole intention of empirical economics is to force theory down to Earth.

Author: George Akerlof - American Economist
  Down , Earth , Economics , Down To Earth


When men do all the outside work, they contribute on average about 10 percent of housework. But as their share of outside work falls, their share of housework rises to no more than 37 percent.

Author: George Akerlof - American Economist
  More , Work , Men , Outside


The idea is that in any situation, people have a notion as to who they are and how they should behave. And if you don't behave according to your identity, you pay a cost.

Author: George Akerlof - American Economist
  You , People , Identity , Situation


My father was a chemist on the Yale faculty, my mother a housewife.

Author: George Akerlof - American Economist
  Father , Mother , Housewife , Yale


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