James Tobin
American economistWikipedia
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Search complete. 4 mentions across 4 episodes found for "James Tobin".
Sep 4, 2026
Dominique Dwor-FrecautGUEST
And at the time, it was found that you needed year-on-year growth of about 2% to lower unemployment by 1%.
Dominique Dwor-FrecautGUEST
I think James Tobin even had his own estimate of way back when, of the Okun coefficient was around two.
Dominique Dwor-FrecautGUEST
And so I, you know, did my own computation.
Dominique Dwor-FrecautGUEST
And to my surprise, I found the coefficient to be still two and stable post-pandemic.
Arthur LafferGUEST
It's an attempt at doing something that I don't think has worked historically.
Arthur LafferGUEST
Now, when James Tobin presented, the senior professor at Yale in economics, up at the White House there with Kennedy at the time, you know, he spoke with a gravitas.
Arthur LafferGUEST
It wasn't gimmicky.
Arthur LafferGUEST
Uh, it just didn't work.
Dan ArthHOST
Like Friedman, and for all their disagreements, Moynihan championed an income strategy of giving the poor financial assistance, Mr. Lenkowski says.
Dan ArthHOST
Pat fully subscribed to the view, as JFK economic advisor James Tobin once put it, that AFDC wasn't, wa- excuse me, was an insane piece of social engineering.
Dan ArthHOST
Moynihan wanted to look for ways to provide money that would not have the dependency-inducing effects th- that AFDC and food stamps had.
Dan ArthHOST
The risk? That the poor would spend cash foolishly, but being told how to spend it by a bureaucracy has its own ill effects on personal responsibility.
DanNARRATOR
Like Friedman, and for all their disagreements, Moynihan championed an income strategy of giving the poor financial assistance, Mr. Lankowski says.
DanNARRATOR
Pat fully subscribed to the view, as JFK economic advisor James Tobin once put it, that AFDC was an insane piece of social engineering.
DanNARRATOR
Moynihan wanted to look for ways to provide money that would not have the dependency-inducing effects that AFDC and food stamps had.
DanNARRATOR
The risk? That the poor would spend cash foolishly, but being told how to spend it by a bureaucracy has its own ill effects on personal responsibility.