Good economic policy requires not so much the bravado to implement drastic change as the strength and wisdom to make reasonable trade-offs over the many years it takes to transform a country's standard of living.
In a normal time, I don't think economic policy makes a large difference one way or another. But in times of crisis it makes all the difference in the world.
In many spheres of human endeavor, from science to business to education to economic policy, good decisions depend on good measurement.
The failure of national economic policy is costing us more than jobs; it has begun to weaken that uniquely American spirit of risk-taking, large ambition, and optimism about the future. We must rally them now to bold departures that rebuild our national morale as well as our material prosperity.
It was almost forbidden in the Soviet Union to study the New Economic Policy.
Ensuring fairness in the American workplace should be a cornerstone of our economic policy.
People confuse economists and economic policy.
And judging what is appropriate or not appropriate for a country, I think it is important in particular in judging what is the appropriate economic policy framework, one should take into account the overall political environment and the institutional framework within which economic policy operates.
I am not a politician but I have dedicated the biggest part of my professional life to economic policy both in Greece and Europe.
We have to change economic policy: create confidence, foster investment, cut the public deficit, restructure taxation and reform the labor laws.