Most work in macroeconomics in the past 30 years has been useless at best and harmful at worst.
Microeconomics: The study of who has the money and how I can get my hands on it.Macroeconomics: The study of which government agency has the gun, and how we can get our hands on it.
Microeconomics is about money you don't have, and macroeconomics is about money the government is out of.
Friedrich Hayek is not an important figure in the history of macroeconomics.
I've always had an interest in geopolitics and macroeconomics.
Authorization is only required to store your personal settings and favorites.
Log in with:
Use this code for embedding the Quote anywhere