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.
Thomas J. Sargent
Born: July 19, 1943 (age 81)
Bio: Thomas John "Tom" Sargent is an American economist, specializing in the fields of macroeconomics, monetary economics and time series econometrics. As of 2014, he ranks fourteenth among the most cited economists in the world.
Known for:
- Recursive Macroeconomic Theory (2000)
- The Big Problem of Small Change (2002)
- Rational Expectations and Inflation (1986)
- Dynamic macroeconomic theory (1987)
- Recursive Linear Models of Dynamic Economies (2013)