The historic terrain of macro-economic theory is the explanation of the levels and fluctuations of overall economic activity. Macro-economists have been especially interested in the effects of alternative fiscal, financial, and monetary policies. (James Tobin)

The historic terrain of macro-economic theory is the explanation of the levels and fluctuations of overall economic activity. Macro-economists have been especially interested in the effects of alternative fiscal, financial, and monetary policies.

James Tobin

Related topics

alternative fiscal historic overall terrain

Related quotes

The World Cup tournament overall and, naturally, the new stadiums at its heart, are the ideal platform to portray Germany as a positive and exceptional location, and above all of course, as a highly capable economic location. View quote
Franz Beckenbauer
If I really believed in Friedman's economic theory, then I'd be quite satisfied to spend the rest of my life with a garden hose shoved down my throat, being filled with custard by representatives of the people of China. View quote
Nigel Lawson
Cumulative errors depend largely on the big surprises, the big opportunities. Not only do economic, financial, and political predictors miss them, but they are quite ashamed to say anything outlandish to their clients - and yet events, it turns out, are almost always outlandish. View quote
Nassim Nicholas Taleb
Mr. David Stockman has said that supply-side economics was merely a cover for the trickle-down approach to economic policy - what an older and less elegant generation called the horse-and-sparrow theory: If you feed the horse enough oats, some will pass through to the road for the sparrows. View quote
John Kenneth Galbraith
My interest in economics has always been in the whole corpus of economic theory, the interrelationships between the various fields of theory and their relevance for the formulation of economic policy. View quote
James Meade