Barry Eichengreen
1952
5
Quotes
Biography
Barry Eichengreen is an American economist who is a professor at the University of California, Berkeley. He is known for his work on the international monetary and financial system. Eichengreen has published numerous books and articles on topics such as the Great Depression, European economic history, and global finance. He has also served as an economic advisor to various organizations and governments around the world.
Famous Quotes (5)
1
In a crisis, good theories die, but bad ones get a new lease on life.
2
History suggests that when inequality gets excessive, it has been counterproductive for growth and economic stability.
3
You just can’t establish the timing of a bubble breaking. That doesn’t mean that there aren’t vulnerabilities building in the system.
4
A global depression triggered by a financial crisis would see GDP in industrial countries falling by 10 to 25 percent or more.
5
Economic history shows that financial crises are recurrent and their cost is substantial.