Quote of the day
Every human being, of whatever origin, of whatever station, deserves respect. We must each respect others even as we respect ourselves. This, as the sages of many lands have taught us, is a golden rule in individual and group, as well as international, relations.
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)