Today’s video: Micro v Macro, the big divide in economics

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Understanding the difference between micro and macroeconomics is key to understanding why countries cannot max out the credit card and austerity cannot work, and yet most politicians and quite a lot of economists don't get it, or austerity would not have happened.

I'm aware that this video simplifies issues and some might say that there are other issues to cover: this is a theme that will recur so if there further dimensions that need exploring tell me what they are.