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Dysfunctional Quotes (1 quote)
My decision to leave applied mathematics for economics was in part tied to the widely-held popular belief in the 1960s that macroeconomics had made fundamental inroads into controlling business cycles and stopping dysfunctional unemployment and inflation.
Nobel Banquet Speech (1995). Collected in Tore Frängsmyr (ed.), Les Prix Nobel/Nobel Lectures/The Nobel Prizes.
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