After studying economics for 6 years, which availed me of the merits of free markets, I have circled back to the conclusion that, overall, Democrats will benefit most people in the long run far more than Republicans. I chronicle my observations in this blog. Learn Econ on Wikipedia|Blog Archive
Tuesday, August 10, 2010
Macroeconomics? In America, that means Study the Rich
In 1994, as we created economic models in grad school, this fact was explained to me (that "we U.S. economists" really only need to be concerned with the spending patterns of the rich, since that spending accounts for most of the US economy).