Macroeconomics quotes:

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Macroeconomics, even with all of our computers and with all of our information. is not an exact science and is incapable of being an exact science. -- Paul Samuelson
Microeconomics: The study of who has the money and how I can get my hands on it.Macroeconomics: The study of which government agency has the gun, and how we can get our hands on it. -- Gary North
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Macroeconomics is the analysis of the economy as a whole, an examination of overall supply and demand. At the broadest level, macroeconomists want to understand why some countries grow faster than others and which government policies can help growth. -- Alex Berenson
I'm not a macroeconomics person. -- Bill Gates
Friedrich Hayek is not an important figure in the history of macroeconomics. -- Paul Krugman
Most work in macroeconomics in the past 30 years has been useless at best and harmful at worst. -- Paul Krugman
In the area of macroeconomic policies, I think we'll see more centralization, like in the budgetary sphere. -- Mario Monti
Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently. -- Joseph Stiglitz
No single piece of macroeconomic advice given by the experts to their government has ever had the results predicted. -- Peter Drucker
Macroeconomic adjustment programmes are tailor-made to the situation of the country concerned and no models or templates are used. -- Jeroen Dijsselbloem
When things go wrong on a macroeconomic level, it's almost always this way. People find someone to blame, whether it's blacks, whites, Christians, Jews, Muslims-whoever. -- Jim Rogers
I think that having good data, good statistics-and the United States generally has better macroeconomic statistics than most countries-and having good economists to interpret those data and present the policy alternatives, has a substantially beneficial effect on policymaking in the United States. -- Ben Bernanke
Gore Vidal, the American writer, once described the American economic system as 'free enterprise for the poor and socialism for the rich'. Macroeconomic policy on the global scale is a bit like that. It is Keynesianism for the rich countries and monetarism for the poor. -- Ha-Joon Chang
Listen to the women. Women say exactly what they want. Who has concrete plans - not macroeconomics but kitchen table economics. Who will change the situation for their families, and help restore the middle class. Women are also sick to death of having their bodies and their lives treated as a political football. -- Celinda Lake
If one sentence were to sum up the mechanism driving the Great Stagnation, it is this: Recent and current innovation is more geared to private goods than to public goods. That simple observation ties together the three major macroeconomic events of our time: growing income inequality, stagnant median income, and the financial crisis. -- Tyler Cowen
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. -- William Easterly
It should be possible to emphasize to students that the level of employment is a macroeconomic issue, depending in the short run on aggregate demand and depending in the long run on the natural rate of unemployment, with microeconomic policies like tariffs having little net effect. Trade policy should be debated in terms of its impact on efficiency, not in terms of phoney numbers about jobs created or lost. -- Paul Krugman
I've always had an interest in geopolitics and macroeconomics. -- Norman Pearlstine
For decades, my research was driven by outstanding problems in macroeconomics: mainly growth theory and employment theory. -- Edmund Phelps
I think what Bob Shiller and I are doing is we're focusing on macroeconomics and the role of psychology in macroeconomics. -- George Akerlof
In the late 1960s, the New Classical economists saw the same weaknesses in the microfoundations of macroeconomics that have motivated me. They hated its lack of rigor. And they sacked it. -- George Akerlof

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