Quote of the day
Policemen so cherish their status as keepers of the peace and protectors of the public that they have occasionally been known to beat to death those citizens or groups who question that status.
Arthur Melvin Okun
Born: November 28, 1928
Died: March 23, 1980 (aged 51)
Bio: Arthur Melvin "Art" Okun was an American economist. He served as the chairman of the Council of Economic Advisers between 1968 and 1969. Before serving on the C.E.A.
Known for:
- Equality and efficiency, the big tradeoff (1975)
- Prices and quantities
- The political economy of prosperity (1970)
- Economics for policymaking
- Curing Chronic Inflation (1978)