Quote of the day
One does not need buildings, money, power, or status to practice the Art of Peace. Heaven is right where you are standing, and that is the place to train.
Thomas J. Sargent
Born: July 19, 1943 (age 82)
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)