Nation of Beancounters

“In the long run it’s all about microeconomics…”

Posted in Quotable, Uncategorized by Navin Kumar on December 7, 2011

…in the long run it’s all microeconomics. Growth, over the long term (and yes, 20 years is long term, it’s half a working life, that’s long term for human beings) is all about incentives, red tape, tax levels, innovation, entrepreneurship, all the things that are discussed in the micro part of economics courses.

-Tim Worstall

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