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
People confuse economists and economic policy. Franco Modigliani confuseeconomiceconomist Change image and 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
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
