Hints and tips:
...For some specific examples, a blog post by Scott Alexander offers back-of-the-envelope numbers showing stagnant wages paired with galloping costs in a number of industries. Why would this be?...
...As with many remarks attributed to the British economist, however, it does not appear to be what he actually said: the original source is Paul Samuelson (an American Nobel laureate, who cannot himself have...
...Andrew Scott, London Business School: Inflation isn’t a problem now and wont be seen to be a problem by end of 2012....
...Andrew Scott, London Business School 1) A big recession means high levels of corporate defaults....
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