Today macroeconomics is treated inexactly within the humanities, because it appears to be a very complex and easily confused matter. But this does not give it fair justice, because we should be trying to find a viable approach to the topic and examine it in a way that avoids these problems, and for us to better understand of what it comprises and how it works. Suppose we ask ourselves the question: “how many different KINDS of financial (business) transaction occur within our society?”
The simple and direct answer shows that that only a limited number of them are possible or necessary. Although our sociological system comprises of... (read 847 more words →)
Making Macroeconomics a Much More Exact Science
Today macroeconomics is treated inexactly within the humanities, because it appears to be a very complex and easily confused matter. But this does not give it fair justice, because we should be trying to find a viable approach to the topic and examine it in a way that avoids these problems, and for us to better understand of what it comprises and how it works. Suppose we ask ourselves the question: “how many different KINDS of financial (business) transaction occur within our society?”
The simple and direct answer shows that that only a limited number of them are possible or necessary. Although our sociological system comprises of... (read 847 more words →)