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Thomas J. Sargent Quotes

1.
There was a danger that skeptics and opponents would misread those likelihood ratio tests as rejections of an entire class of models, which of course they were not.
Thomas J. Sargent

2.
The first and most optimistic response was complete rational expectations econometrics. A rational expectations equilibrium is a likelihood function. Maximize it.
Thomas J. Sargent

3.
I wasn't the brightest kid, not by a long shot. I was interested in football, in girls, in getting my work done with the least amount of effort.
Thomas J. Sargent

4.
What I really don't like is oversimplification.
Thomas J. Sargent

5.
When I was a graduate student, estimating and interpreting distributed lags topped the agenda of macroeconomists and other applied economists.
Thomas J. Sargent

Similar Authors: Ralph Waldo Emerson William Shakespeare Donald Trump Mahatma Gandhi Barack Obama Rush Limbaugh Henry David Thoreau Friedrich Nietzsche Mark Twain Rajneesh Cassandra Clare C. S. Lewis Albert Einstein Oscar Wilde Thomas Jefferson
6.
In the 1980s, there were occasions when it made sense to say, 'it is too difficult to maximize the likelihood function, and besides if we do, it will blow our model out of the water.
Thomas J. Sargent

7.
I think you've got to watch out for anybody in high school who says he wants to become an economist.
Thomas J. Sargent

8.
I'm happy to say I am a Harrison-Kreps-Keynesian.
Thomas J. Sargent

Quote Topics by Thomas J. Sargent: Water Blow Lag Football Wonderful Kids Oversimplification Expectations School Opponents Class Made Estimating Agendas Inspired Girl Brilliant Optimistic Watches Firsts Thinking Rejection
9.
Keynes was a very good economist. He was brilliant. He had wonderful insights. His work has inspired me many times.
Thomas J. Sargent