Quote of the day
What we observe is not nature itself but nature exposed to our method of questioning. Our scientific work in physics consists in asking questions about nature in the language that we possess and trying to get an answer from experiment by the means that are at our disposal.
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)