Alex Berenson Quotes

My interest in economics has always been in the whole corpus of economic theory, the interrelationships between the various fields of theory and their relevance for the formulation of economic policy.

I wonder if economics has less basic core material than is necessary for fields such as mathematics, physics, or chemistry, say.

I understand how the economy actually works.

Macroeconomics is the analysis of the economy as a whole, an examination of overall supply and demand. At the broadest level, macroeconomists want to understand why some countries grow faster than others and which government policies can help growth.

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.

Economic science concerns itself primarily with theoretical and empirical generalizations about the behavior of individuals, institutions, markets, and national economies. Most academic research falls in this category.

Economics has paid a terrible price for its dalliances with the Keynesian and neoclassical theories.

95% of economics is common sense deliberately made complicated.

Supply creates its own demand

Weirdly enough, I'm a macroeconomics enthusiast.

Basic Economics 101. It's the most complicated simple subject there is.

I had become interested in economics, an interest that was transformed into a lifetime dedication when I met with the mathematical theory of general economic equilibrium.

At the time, my personal research objectives were to provide Keynesian economics with more rigorous foundations and to tighten and elaborate the logic of macroeconomic and monetary theory.

The Federal Reserve cannot solve all the economy's problems on its own.

Economics is a strange science. Our subject deals with some of the most important as well as mundane issues that impinge on the human condition.

The major driver of economics is the equilibrium approach, which has taken various forms over the years. General equilibrium is the statement that all the different parts of the economy influence each other, even if it's remote, like mortgage-backed securities and their demands on automobiles.

Inflation is lower and more stable and the real business cycle fluctuations are more modest.

Monetary policy cannot do much about long-run growth, all we can try to do is to try to smooth out periods where the economy is depressed because of lack of demand.

The media simply does not understand Econ 101.

Economics has become as riveting as politics.

The Keynesian belief that 'demand' is always at the root of underemployment and slow growth is a fallacy.

I don't think money itself has any causal relationship to nominal GNP. The dominating causal force is interest rates.

We have learned that the various schools of [economic] thought all have important elements of truth in them. But none of them is by itself a sufficient explanation of what goes on in the economy.

The study of economics does not seem to require any specialized gifts of an unusually high order.

I think economics - and this is what I've tried to impart - has a tremendous amount of human interest in it.