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William Easterly Quotes: Economists did something even better than predict the crisis. We correctly predicted that we would not be able to predict it.
         

Economists did something even better than predict the crisis. We correctly predicted that we would not be able to predict it.


William Easterly
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Other quotes of William Easterly


Remember, aid cannot achieve the end of poverty. Only homegrown development base on the dynamism of individuals and firms in free markets can do that.

Remember, aid cannot achieve the end of poverty. Only homegrown development base on the dynamism of individuals and firms in free markets can do that.



We need a revolution in development thinking and practice. Foreign aid, debt relief, family planning, democracy, education, and free markets have not succeeded.

We need a revolution in development thinking and practice. Foreign aid, debt relief, family planning, democracy, education, and free markets have not succeeded.



The rich have markets, the poor have bureaucrats.

The rich have markets, the poor have bureaucrats.



When you are in a hole, the top priority is to stop digging.

When you are in a hole, the top priority is to stop digging.



To escape the cycle of tragedy, we (searchers) have to be tough on the ideas of the planners, even while we salute their goodwill.

To escape the cycle of tragedy, we (searchers) have to be tough on the ideas of the planners, even while we salute their goodwill.



If there is one number to which the rights of millions will be happily sacrificed, it is the national GDP growth rate.

If there is one number to which the rights of millions will be happily sacrificed, it is the national GDP growth rate.




... money should not be spent according to what the West considers the most dramatic kind of suffering.

... money should not be spent according to what the West considers the most dramatic kind of suffering.





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When my information changes, I alter my conclusions. What do you do, sir?

When my information changes, I alter my conclusions. What do you do, sir?



It's a myth that boys don't like to gossip.

It's a myth that boys don't like to gossip.



The happiest moment of my life was probably when my daughter was born.

The happiest moment of my life was probably when my daughter was born.



I started out as a very traditional actor. The first thing I ever did in terms of performance was singing.

I started out as a very traditional actor. The first thing I ever did in terms of performance was singing.



Pop music is awesome, but I like to keep changing it up.

Pop music is awesome, but I like to keep changing it up.



How do you shoot a 150-day movie? You shoot it one day at a time.

How do you shoot a 150-day movie? You shoot it one day at a time.



Women tend to be conservative in youth and get more radical as they get older because they lose power with age. So, if a young woman is not a feminist, I say, just wait.

Women tend to be conservative in youth and get more radical as they get older because they lose power with age. So, if a young woman is not a feminist, I say, just wait.



Affliction is the school in which great virtues are acquired, in which great characters are formed.

Affliction is the school in which great virtues are acquired, in which great characters are formed.



It will take a decade or two, but fundamentalism is going to burn itself.

It will take a decade or two, but fundamentalism is going to burn itself.




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This page presents the quote "Economists did something even better than predict the crisis. We correctly predicted that we would not be able to predict it.". Author of this quote is William Easterly. This quote is about able, crisis, economist,.