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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label micro economics. Show all posts
Showing posts with label micro economics. Show all posts
Tuesday, October 06, 2015

Graphics: Microeconomics versus Macroeconomics

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From smbc-comics.com
Friday, December 17, 2010

Different Trading Partners And The Currency Option

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Another reason why proposed mercantilist policies particularly based on the currency valve option are not likely to work: different trade pa...
Tuesday, June 22, 2010

Does Macro Economics Matter?

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In an article, " What's the Point of Macro? " Societe Generale Dylan Grise remarked, ``So my advice to anyone about to embark ...
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