Some things to think about

"The forces of the market are just that: They are forces; they are like the wind and the tides; they are things that if you want to try to ignore them, you ignore them at your peril, and ... if you find a way of ordering your life that is compatible with these forces, indeed which harnesses these forces to the benefit of your society, that's the way to go." -- Arnold Harberger, University of Chicago Economist

Thursday, March 7, 2013

Macroeconomics in two pictures (from Greg Mankiw)

This is really good. Macro policy summarized in two pictures:

Posted by Bob Jones at Thursday, March 07, 2013

Labels: Classical views, Keynesian views, LP

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