Famous Economic Quotes

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Famous Economic Quotes

In 1995 Bank of America issued a famous report on sprawl in California. The bank pronounced: Urban job centers have decentralized to the suburbs. New housing tracts have moved even deeper into agriculturally and environmentally sensitive areas. Private auto use continues to rise. This acceleration of sprawl has surfaced enormous social, environmental, and economic costs, which until now have been hidden, ignored, or quietly borne by society.
— Dolores Hayden —

In terms of economic growth, PIMCO originated the famous phrase the 'new normal.'

— Bill Gross

I have yet to meet the famous Rational Economic Man theorists describe. Real people have always done inexplicable things from time to time, and they show no sign of stopping.

— Charles S. Sanford, Jr.

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