Inflation Targeting Voodoo
All over the world, people expect policies by central bankers trained in economics to have a sound scientific base. But in fact, inflation targeting is an article of faith with neither theoretical nor
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All over the world, people expect policies by central bankers trained in economics to have a sound scientific base. But in fact, inflation targeting is an article of faith with neither theoretical nor
Has it truly escaped the middle-income trap? | Finance & economics
Harvard Professor Robert Barro is Paul M. Warburg Professor of Economics at Harvard. He is a prominent member of the economics profession. AEI has posted his December 4 Project Syndicate column 'Big-state inflation.' In the column he addresses the attribution of responsibility for our current inflation to 'supply chain' issues. Professor Barro does not entirely discount the contribution of these issues as a contributing factor. Focusing on the contribution of
The misery index uses simple factors such as inflation and unemployment rates to explain a country's happiness levels.
While the misery index’s power and popularity come from its simplicity, that also opens it up to criticism. Justin Paget/Getty The misery index is a