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. SargentI think you've got to watch out for anybody in high school who says he wants to become an economist.
Thomas J. SargentKeynes was a very good economist. He was brilliant. He had wonderful insights. His work has inspired me many times.
Thomas J. Sargent