Keynes 101 for failing Treasurer Josh Recessionberg

Via FTAlphaville:

The skill of the good economist, like the good writer, lies not just in what they include in their work, but what they choose to leave out.

The real world is hideously complex. So too are people. If economists are going to tell us anything about either, then they must resort to abstraction.

There are 1501 words left in this subscriber-only article.

Start your free 14-day trial today!

Comments are hidden for Membership Subscribers only.