In his book Labyrinths of Prosperity, Canadian economist Reuven Brenner professed that, "Macroeconomics is a tautology and a myth, a dangerous one at that, sustaining the illusion that prosperity is necessarily linked with territory, national units, and government spending in general."
Perhaps nowhere is the absurdity of macroeconomics more apparent than in the discussion of the trade deficit...
Yes, and if I get mad about it, I can always fire my grocer, as Alchian and Demsetz (1972) explained.ReplyDelete
Do you know an easy and inexpensive way to buy a copy of the book?
It looks to be out of print.