“Judgements on the performance of our economy require a clearly defined objective. Too often... there are multiple and contradictory objectives. Unless we are clear on our... objectives, we are not able to evaluate performance as good or bad...”

— Henry Kaufman

Interest Rates, the Markets, and the New Financial World (1986)

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Henry Kaufman 5

American economist 1927

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“Judgements on the performance of our economy require a clearly defined objective. Too often... there are multiple and contradictory objectives. Unless we are clear on our... objectives, we are not able to evaluate performance as good or bad...”

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Henry Kaufman 5

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