| 词条 | Herbert Stein |
| 释义 |
|name = Herbert Stein |office = 9th Chair of the Council of Economic Advisers |president = Richard Nixon Gerald Ford |term_start = January 1, 1972 |term_end = August 31, 1974 |predecessor = Paul McCracken |successor = Alan Greenspan |birth_date = {{birth date|1916|8|27}} |birth_place = Detroit, Michigan, U.S. |death_date = {{nowrap|{{death date and age|1999|9|8|1916|8|27}}}} |death_place = Washington, D.C., U.S. |party = Republican |education = Williams College {{small|(BA)}} University of Chicago {{small|(MA, PhD)}} |module = {{Infobox Economist |child = yes |field = Economic policy Macroeconomics |school_tradition = Chicago school of economics |influences = Milton Friedman}} }}Herbert Stein (August 27, 1916 – September 8, 1999) was an American economist, a senior fellow at the American Enterprise Institute and was on the board of contributors of The Wall Street Journal. He was chairman of the Council of Economic Advisers under Richard Nixon and Gerald Ford. From 1974 until 1984, he was the A. Willis Robertson Professor of Economics at the University of Virginia.[1] BiographyStein was born on August 27, 1916, in Detroit, Michigan, and his family moved to New York during the Great Depression. He enrolled in Williams College just before he turned sixteen. After graduating with Phi Beta Kappa honors, he went to Washington, D.C., to work as an economist in various agencies. He received his doctorate of philosophy in economics from the University of Chicago in 1958.[2] Stein, who died September 8, 1999, in Washington, D.C. was married to Mildred Stein, who died in 1997 after 61 years of marriage. He is the father of lawyer, author, and actor Ben Stein (Ferris Bueller's Day Off, Win Ben Stein's Money) and writer Rachel Stein. Herbert Stein was also the original writer for the advice column Dear Prudence. PhilosophyStein was known as a pragmatic conservative and was referred to as "a liberal's conservative and a conservative's liberal."[3] He was the author of The Fiscal Revolution in America. In one article, Stein wrote that the people who wore an "Adam Smith necktie" did so to: make a statement of their devotion to the idea of free markets and limited government. What stands out in [Smith's seminal work] Wealth of Nations, however, is that their patron saint was not pure or doctrinaire about this idea. He viewed government intervention in the market with great skepticism. He regarded his exposition of the virtues of the free market as his main contribution to policy, and the purpose for which his economic analysis was developed. Yet he was prepared to accept or propose qualifications to that policy in the specific cases where he judged that their net effect would be beneficial and would not undermine the basically free character of the system.[4] In Stein's reading, The Wealth of Nations could justify the Food and Drug Administration, the Consumer Product Safety Commission, mandatory employer health benefits, environmentalism and "discriminatory taxation to deter improper or luxurious behavior." Stein's LawStein propounded Stein's Law, which he expressed in 1976 as, "If something cannot go on forever, it will stop."[5][6] Stein observed this logic in analyzing economic trends (such as rising U.S. Federal debt in proportion to GDP, or increasing international balance of payments deficits, in his analysis): if such a process is limited by external factors, there is no urgency for government intervention to stop it, much less to make it stop immediately; it will stop of its own accord.[7] A paraphrase (not attributed to Stein) is: "Trends that can't continue, won't." Bibliography
References1. ^{{Cite book|title=Encyclopedia Judaica|last=Ronall|first=Joachim O.|publisher=Macmillan Reference USA|year=2007|isbn=|edition=2nd|volume=19|location=Detroit|pages=178–179}} 2. ^{{Cite book|title=The Scribner Encyclopedia of American Lives|last=|first=|publisher=Charles Scribner's Sons|year=2002|isbn=|editor-last=Jackson|editor-first=Kenneth T.|volume=5|location=New York|pages=555–556}} 3. ^{{cite web|url=https://www.washingtonpost.com/archive/local/1999/09/09/economist-herbert-stein-dies/11891c3f-ae80-49e2-96f7-a414ce7b85b1|website=Washington Post|author=Richard Pearson|title=Economist Herbert Stein Dies|date=September 9, 1999|accessdate=June 11, 2018}} 4. ^"Adam Smith Did Not Wear an Adam Smith Necktie, Wall Street Journal, April 6, 1994 5. ^{{cite web|url=https://babel.hathitrust.org/cgi/pt?id=umn.319510030778307;view=1up;seq=270|title=A Symposium on the 40th Anniversary of the Joint Economic Committee, Hearings Before the Joint Economic Committee, Congress of the United States, Ninety-Ninth Congress, First Session; Panel Discussion: The Macroeconomics of Growth, Full Employment, and Price Stability|date=January 16, 1976|page=262|quote=I recently came to a remarkable conclusion which I commend to you and that is that {{em|if something cannot go on forever it will stop}}. So, what we have learned about all these things is that the Federal debt cannot rise forever relative to the GNP. Our foreign debt cannot rise forever relative to the GNP. But, of course, if they can't, they will stop. [Emphasis added.]|author=Herbert Stein|accessdate=June 4, 2018}} 6. ^{{cite web|url=http://www.aei.org/wp-content/uploads/2013/06/-130606-media-steins-law_094731626218.pdf|journal=The AEI Economist|title=Problems and Not-Problems of the American Economy|publisher=American Enterprise Institute|author=Herbert Stein|page=1|quote=I have tried to comfort people who worry about this [the budget deficit and the trade deficit] by propounding {{em|Stein's Law}}, which is that {{em|if something cannot go on forever, it will stop}}. [Emphasis added.]|year=1989|accessdate=June 9, 2018}} 7. ^{{cite web|title=Herb Stein's Unfamiliar Quotations|publisher=Slate magazine |author=Herbert Stein |date=1997-05-16|accessdate=2007-09-24|url=http://www.slate.com/id/2561/}} External links{{Wikiquote}}
15 : 1916 births|1999 deaths|20th-century American economists|American Enterprise Institute|American Jews|Ford administration personnel|Nixon administration personnel|People from Detroit|People from New York (state)|United States Council of Economic Advisers|University of Chicago alumni|University of Virginia alumni|University of Virginia faculty|Williams College alumni|Economists from Michigan |
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