Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.

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Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.

宏观经济政策永远离不开政治:它涉及根本的权衡,对不同群体的影响也不尽相同。

-- Joseph Stiglitz 斯蒂格利茨

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