Up until roughly 100 years ago, the government played very little role in the economy . It was generally believed that the economy worked best when directed by the autonomous forces of supply and demand . Today the government manages – or directs – the economy using a variety of policy tools to ensure that Gross Domestic Product continues to expand . The implications of this fact are very far reaching. It is impossible to understand politics or economics in our era without grasping that the government is managing the economy. Moreover, it is particularly important that investors understand this new reality because government actions now impact the direction of asset prices far more than any other variable . There are no prerequisites for this course.You can only submit entirely new text for analysis once every 7 seconds.
Who this course is for:
Investors, students of economics, politics & history, the business community, journalists, policy makers, and the general public.