"The economic policy issues that we debate today—trade policy, inflation, the proper role of government, the eradication of poverty, and the means of raising the rate of economic growth—have been discussed by economists for more than two centuries. Many of today’s economic policies—both the good ones and the bad—are the result of the ideas of those past economists. And many of today’s debates about economic policy can be understood only by those who have at least some familiarity with the ideas of earlier economists. The giants of economic science during the past two hundred years have been men concerned with the critical policy issues of their time. They studied the working of the economy in order to advocate better economic policies. But despite their concern with policy, they were not polemicists or politicians but men who sought to persuade their contemporaries in government and in the broader public by analysis and evidence that would meet the standards of professional debate."
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Academics from the United StatesJews from the United StatesPeople from New York CityEconomists from the United States
Original Language: English
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Martin Feldstein (1989), Foreword to New Ideas from Dead Economists by Todd Buchholz.
https://en.wikiquote.org/wiki/Martin_Feldstein
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Martin Feldstein
Martin Stuart "Marty" Feldstein (November 25, 1939 – June 11, 2019) was an American economist, the George F. Baker Professor of Economics at , and the president emeritus of the National Bureau of Economic Research (NBER). From 1982 to 1984, Feldstein served as chairman of the Council of Economic Advisers and as chief economic advisor to President Ronald Reagan (where his views clashed with Reagan administration large military expenditure policies).
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