I must wonder, if there's so many economists that known that's wrong with the economy of a country such as United States, why don't they fix it?
This [url=http://www.youtube.com/watch?v=PTUY16CkS-k]video (kind of funny actually)[/url] explains a lot of things and the problems that needs to be fix and etc.
I mean, it seems to me it is so obvious what we need to do after just taking an introductory course to macroeconomics, I mean, now I know not to spend $800 billion on a stimulus legislation that will hardly stimulate anything.
What do you guys think? Any of you took a micro/macro economic course before and had your mind changed after finishing it?
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[quote][b]Posted by:[/b] x Lord Revan x A basic introduction macroeconomics class is barely enough to go from. I have an B.A. in economics and I still don't pretend to know how to "fix the economy." The economy is simply far too multifaceted to be able to use macroeconomic math. Economics relies on a perfect, simplified model. [/quote] This. It's more complex than your Intro to Macro/Microeconomics prof would have you believe.