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Originally Posted by ugly_queen_from_mars
and you think that the world problems are only solved by knowing macroeconomics? or do you think that those who know macroeconomics are willing to solve any problems?
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if you understand macroeconomics you can practise the rules and models, and it can be quite helpful, because often can that explain a few things that's going on in the world.
The world isn't fair, and there is no such thing as justice for a hungry child in africa.
would you like that all chinese families bought themself an audi (what would happen to price of oil, or the price of steel if they did that!)? or are you entitled to fornbidd the third world countries from cutting down the rainforest (which create wellfare in these countries)? no, of course not... but that's what we do... we (you and I, and everyone else in the EU or in the US) don't want the world to be fair, because if we did we wouldn't act like we do.