Category: economics |
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conversableeconomist.com
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Inflation rates have come down since their peak in mid-2022. Does the Federal Reserve need to continue its inflation-fighting ways, keeping interest rates high? Anil Ari, Carlos Mulas-Granados, Victor Mylonas, Lev Ratnovski, and WeiZhao of the IMF look to historical and international experience in "One Hundred Inflation Shocks: Seven Stylized Facts" (September 2023, WP/23/190). As
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jpkoning.blogspot.com
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This silver pfennig from the Archbishopric of Magdeburg (1152-1192) was subject to a policy of renovatio monetae . Twice a year whoever held...
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morecrows.wordpress.com
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I have a friend who is a bit of a doctrinaire Marxist. We argue, cheerfully, about whether the primary crisis in the world economy is one of resource depletion or of the inherent contradiction in capitalism. If I understand correctly, the latter refers to the necessity of simultaneously depressing wages while expanding markets, a problem...
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