If you want a simple model for predicting the unemployment rate in the United States over the next few years, here it is: It will be what Greenspan wants it to be, plus or minus a random error reflecting the fact that he is not quite God.


Slate, 6 February 1997; as cited by Orrin Judd at brothersjuddblog, 14 August 2004

Paul Krugman Quotes

If you want a simple model for predicting the unemployment rate in the United States over the next few years, here it is: It will be what Greenspan...

If you want a simple model for predicting the unemployment rate in the United States over the next few years, here it is: It will be what Greenspan...

If you want a simple model for predicting the unemployment rate in the United States over the next few years, here it is: It will be what Greenspan...

If you want a simple model for predicting the unemployment rate in the United States over the next few years, here it is: It will be what Greenspan...