For a devaluation to work effectively, economists explain that other measures to reduce the nation's excess spending are needed as well.
Free peoples have a point, however, as other economists explain.
The medical examination, explains a distinguished Italian economist who takes the mud 10 days a year for his back (with "miraculous" results), "is like a tax."
As any economist will explain, the Federal Government spends more than it collects in revenues.
Most economists explained the bond rally by pointing to the inflation numbers.
The classical economists had explained growth process in terms of rates of technological progress and the population growth.
More than you might expect, the economists explain, provided that investments in stocks do as well in the future as they have in the past.
Now, if his own economist can't explain what he said, how can the rest of America figure it out?
Classical economists in the context of Say's law explain unemployment as arising from insufficient demand for specialized labour.
The economists explain these changes as an example of what economists call regulatory capture.