"The world probably would have been much better off had macroeconomics never been devised. Although I have in mind Keynesian macroeconomics above all, I include other types of macro models as well. I even include, somewhat reluctantly, the whole quantity theory approach descended from David Hume to the Friedmanites, now known as monetarism."
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Original Language: English
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Sources
Robert Higgs, "Is Macroeconomics Really Economics?," The Beacon (Independent Institute, 14 August 2014).
https://en.wikiquote.org/wiki/Macroeconomics
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Macroeconomics
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