"My decision to leave applied mathematics for economics was in part tied to the widely-held popular belief in the 1960s that macroeconomics had made fundamental inroads into controlling business cycles and stopping dysfunctional unemployment and inflation."
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Academics from the United StatesJews from the United StatesPeople from New York CityEconomists from the United StatesNobel laureates in Economics
Original Language: English
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Sources
Robert C. Merton, "Robert C. Merton - Biographical," at Nobelprize.org, 1997
https://en.wikiquote.org/wiki/Robert_C._Merton
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