The immediate effect of the deficit is to make you feel good, like when you go on a trip and pay later. You feel good, and then you get a hangover. The deficit makes you feel good - until you pay later. Franco Modigliani deficiteffectfeel share on social
Economists agree about economics - and that's a science - and they disagree about economic policy because that's a value judgment... I've had profound disagreements on policy with the famous Milton Friedman. But, on economics, we agree. Franco Modigliani agreedisagreedisagreement share on social
People confuse economists and economic policy. Franco Modigliani confuseeconomiceconomist Change image and share on social
I am a believer in cooperation. Franco Modigliani believercooperation Change image and share on social
With the danger of war, there is a danger that the economy will go down. Franco Modigliani dangereconomywar Change image and share on social
