Public opinion is presumptively an input to policy formation in a democracy because politicians respond to it or at least are believed to respond [to it].
ALAN BLINDER
Life is not a multiple choice test, it’s an open-book essay exam.
More Alan Blinder Quotes
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Public opinion is presumptively an input to policy formation in a democracy because politicians respond to it or at least are believed to respond [to it].
ALAN BLINDER -
If you try to give an on-the-one-hand-or-the-other- hand answer, only one of the hands tends to get quoted.
ALAN BLINDER -
His stellar record suggests that the only right answer to the age-old question of whether it is better to be lucky or good may be: both.
ALAN BLINDER -
There is a kind of a cascading chain, … If one can’t sell, then that business doesn’t buy and that means the next business doesn’t sell, and the previous business doesn’t sell, and so on.
ALAN BLINDER -
Murphys law of economic policy’: Economists have the least influence on policy where they know the most and are most agreed.
ALAN BLINDER -
The last duty of a central banker is to tell the public the truth.
ALAN BLINDER -
They have the most influence on policy where they know the least and disagree most vehemently.
ALAN BLINDER -
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And there would be an inventory pileup. And then – bam – businesses would react, sometimes violently, by cutting production.
ALAN BLINDER -
And the maestro surely wielded the chairman’s baton with extraordinary skill.
ALAN BLINDER -
Life is not a multiple choice test, it’s an open-book essay exam.
ALAN BLINDER