"When I tried to sort out the pernicious disagreements between new classical and new Keynesian economists, I conducted a series of conversations with the protagonists (Klamer 1983). The personal differences were revealing. The viva cious Robert Solow (with a taste for the quick quip), the serious Robert Lucas (never less than self-composed), the chatty Franco Modigliani (not shy of self promotion), and the unassuming James Tobin (wanting an interview at least as long as Lucas’s) quickly taught me how trenchant the rhetorical differences were."
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Academics from the United StatesNon-fiction authors from the United StatesMathematicians from the United StatesEconomists from the United StatesNobel laureates in Economics
Original Language: English
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Arjo Klamer, Speaking of economics: how to get in the conversation (2007), Ch. 7 : Why disagreements among economists persist, why economists need to brace themselves for differences within their simultaneous conversations and their conversations over time, and why they may benefit from knowing about classicism, modernism, and postmodernism
https://en.wikiquote.org/wiki/James_Tobin
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James Tobin
James Tobin (March 5, 1918 – March 11, 2002) was an American economist who served on the Council of Economic Advisers and consulted with the Board of Governors of the Federal Reserve System, and taught at Harvard and Yale Universities. He developed the ideas of Keynesian economics, and advocated government intervention to stabilize output and avoid recessions. His academic work included pioneering contributions to the study of investment, monetary and fiscal policy and financial markets. He also
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