“A free-enterprise economy depends only on markets, and according to the most advanced mathematical macroeconomic theory, markets depend only on moods: specifically, the mood of the men in the pinstripes, also known as the Boys on the Street. When the Boys are in a good mood, the market thrives; when they get scared or sullen, it is time for each one of us to look into the retail apple business.” MenLooksKnownBoysEconomyStreetsHe ManTheoryDependsScaredMoodMathematicalApplesEnterpriseThriveRetailFree EnterpriseSullenGood MoodMacroeconomics Author:Barbara Ehrenreich
“Friedrich Hayek is not an important figure in the history of macroeconomics.” ImportantFiguresHayekMacroeconomicsFriedrich Hayek Author:Paul Krugman
“Peter Montiel has long set the highest standard for lucid textbooks on the macroeconomics of developing countries. Now in this new edition of his superb classic Macroeconomics in Emerging Markets, he has surpassed even himself. He uniquely fills the gap between rich-country-obsessed macro- and micro-obsessed developing-country analysis. No student of the macroeconomics of development will henceforward be able to do without this book.” LongBookCountryAbleRichStudentsDevelopmentHighestStandardsDevelopingAnalysisObsessedClassicGapsPeterEmergingTextbooksSuperbDeveloping CountriesMacroRich CountriesMacroeconomicsEmerging Markets Author:William Easterly
“Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.” DifferentPoliticsGroupsPolicyFundamentalsTradeTrade OffsMacroeconomics Author:Joseph Stiglitz