The great turnaround
The New Bazaar
00:00
The Fall of the Berlin Wall Was a Sea Change in Economics
i think economics has become a little obsessed with cuteness and cleverness, least to baccro to some extent. Whether countries grow or not determines whether people eat or don't eat. And for me, i've never lost sight of that fact. So in the united states, we can have clever arguments about whether the inflation rate should be two% or four%. That's an argument over splitting hairs,. Whether the lace rate is forty % or ten%, determines whether kids go to school or not. I guess it's just a function of where i come from.
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