Convictions are more dangerous foes of truth than lies.
Nietzsche Great minds have purposes, others have wishes. A study of the forces determining the level of income, employment, and prices. Monetary theory and theory of economic fluctuations are reviewed, and public policies dealing with level of income and with aggregate economic welfare are examined. The task will be accomplished through examination of competing Schools of Thoughts and policies in an environment hospitable to a critical mode of thinking. Special attention will be given to global aspects and current economic conditions and trends.