"A central concern of macroeconomics is the upswings and downswings in the level of real output called the business cy…"

"Macroeconomics is the branch of economics that deals with the whole economy and the big picture. The behavior of smal…"

"Not only is it possible to devise complete models of the economy on hypotheses other than rationality, but in fact vi…"

"The dictionary defines "economics" as "a social science concerned chiefly with description and analysis of the produc…"

"Inflation is bad for growth—this has become one of the most widely accepted economic nostrums of our age. But see how…"

"Gore Vidal, the American writer, once described the American economic system as 'free enterprise for the poor and soc…"

"Macro-economic reform undermined the legal economy, reinforced illicit trade and contributed to the recycling of "dir…"

"So-called macroeconomics has never been real economics but rather an endless series of engineering-type models purpor…"

"While many of the conflicting claims can be reconciled in terms of the short-run and long-run orientation of Keynesia…"

"Accounting for the artificial boom and the consequent bust is not part of Keynesian income-expenditure analysis, nor …"