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Macroeconomic Data Is Really A Tool For Government Intervention

Macroeconomic Data Is Really A Tool For Government Intervention Authored by Frank Shostak via Mises Institute, It is common for commentators and economists to refer to something called the "economy," which sometimes performs well and, at other times, poorly. The "economy" is presented as an entity apart from individuals. Within this framework, the "economy" is assigned paramount importance, while the role of individuals is barely mentioned. It must be realized that, at no stage, does the so-called "economy" have a life of its own, independent from individuals. According to this way of...
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