Feeling the Squeeze? It Might Be the High Price of Ignoring the Deficit Conservatives’ Health Care Conundrum Trump’s China Chip Deal and the Sale of American National Security Higher inflation does ...
Every academic discipline has dirty secrets. Those of economics include the fact that some of our best known principles are based on very thin data. The Phillips curve, which is relevant to much of ...
New data covering the period since May 2023 have continued to follow the path of a nonlinear Phillips curve that shows the relationship between inflation and a particular measure of labor market slack ...