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I wasn't the brightest kid, not by a long shot. I was interested in football, in girls, in getting my work done with the least amount of effort.
Thomas J. Sargent
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Thomas J. Sargent
Age: 81
Born: 1943
Born: July 19
Economist
Professor
University Teacher
Pasadena
California
Thomas John Tom Sargent
Thomas John Sargent
Football
Done
Amount
Work
Long
Wasn
Brightest
Least
Shot
Effort
Shots
Getting
Girls
Girl
Interested
Kids
More quotes by Thomas J. Sargent
I'm happy to say I am a Harrison-Kreps-Keynesian.
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What I really don't like is oversimplification.
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Keynes was a very good economist. He was brilliant. He had wonderful insights. His work has inspired me many times.
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The first and most optimistic response was complete rational expectations econometrics. A rational expectations equilibrium is a likelihood function. Maximize it.
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There was a danger that skeptics and opponents would misread those likelihood ratio tests as rejections of an entire class of models, which of course they were not.
Thomas J. Sargent