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Laurence Meyer Biography

Laurence Meyer (born March 8, 1944) is an economist and was a United States Federal Reserve System governor from June 1996 to January 2002.

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Laurence Meyer Quotes

So, is there a "new economy?" The answer is: It depends. It depends on how you define new economy, and it depends on where you live.

Answer, Answers, Economy, Live, Where You Live

There are broader and narrower definitions of the new economy. The narrow version defines the new economy in terms of two principal developments: first, an increase in the economy's maximum sustainable growth rate and, second, the spread and increasing importance of information and communications technology.

Broader, Communication, Defines, Definitions, Technology, Two

I accept the proposition that there has been a significant improvement in underlying productivity growth in the United States, that it is very closely tied to improvements in information and communications technology, and that it is likely to spread around the world. But I resist the new economy label because it seems to encourage a disrespect for the old rules that could seriously undermine our success in taking advantage of the new opportunities.

Communication, Old, Opportunity, Productivity, Technology, Underlying

The Broader interpretation that often seems to underlie the new economy label is that we are witnessing a more fundamental change in the paradigm. The old rules no longer apply. Throw out the NAIRU. Heck, throw out supply and demand. No limits, no business cycles.

Demand, Fundamentals, Labels, Old, Throw

Richard Patrick

Richard Patrick

Cassandra Peterson

Cassandra Peterson

Lester Young

Lester Young

Bruce Barton

Bruce Barton

Lin Biao

Lin Biao

Hans Holzer

Hans Holzer

Jordan Spieth

Jordan Spieth

Amber Rose

Amber Rose

Georges Didi-Huberman

Georges Didi-Huberman

Marc Blucas

Marc Blucas

Luke Davies

Luke Davies

Olen Steinhauer

Olen Steinhauer