nice day to start again
One thing that economists do know is that the study of economics is divided into two fields, "microeconomics" and "macroeconomics." Micro is the study of individual behavior, and macro is the study of how economies behave as a whole. That is, microeconomics concerns things that economists are specifically wrong about, while macroeconomics concerns things economists are wrong about generally.
- P.J. O'Rourke Eat the Rich:
nice day to start again
One thing that economists do know is that the study of economics is divided into two fields, "microeconomics" and "macroeconomics." Micro is the study of individual behavior, and macro is the study of how economies behave as a whole. That is, microeconomics concerns things that economists are specifically wrong about, while macroeconomics concerns things economists are wrong about generally.
- P.J. O'Rourke Eat the Rich: