“If you want a simple model for predicting the unemployment rate in the United States over the next few years, here it is: It will be what Greenspan wants it to be, plus or minus a random error reflecting the fact that he is not quite God.”
Quote by Paul Krugman
Work
The Accidental Theorist: And Other Dispatches from the Dismal Science
This book is a compilation of essays that delve into the world of economics, offering insights and analyses from an unconventional viewpoint. The author, known for their distinctive approach, presents a series of thought-provoking pieces that challenge traditional economic theories and practices. more
Author
Paul Krugman
Paul Krugman is a renowned economist known for his contributions to macroeconomic policy and international trade. He won the Nobel Prize in Economics in 1991 and is considered one of the leading figures in the New Keynesian economics school. more