Quote from: Business Topic

The president has very little effect on the economy. If you want to put blame or credit, the main person who influences the business cycle is the head of the Federal Reserve Bank.


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Author Bio


  • NameRobert Fogel
  • DescriptionAmerican economist, historian
  • AliasesRobert William Fogel; Robert W. Fogel
  • BornJuly 1, 1926
  • DiedJune 11, 2013
  • CountryUnited States Of America
  • ProfessionEconomist; Economic Historian; Historian; Writer
  • AwardsNobel Memorial Prize In Economic Sciences