October 18, 2014
Macroeconomic issues dominate the news and political discourse, but it is all bullshit. What is macroeconomics? It is the study of an economic system as a whole. This is in contrast to microeconomics, which studies individual components of the economy, such as an individual, a household, or a business. Macroeconomics essentially tries to understand the […]
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June 30, 2013
One of the biggest developments holding back human progress in the last century is probably a surprising one. We are hamstrung by our ability to collect macroeconomic and other demographic data. This development started in earnest in the 1930s (mostly as a result of trying to understand the Great Depression) and accelerated with the development […]
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