Demonstrating Russia’s current plight, this graph so perfectly illustrates stagflation: When GDP sinks and inflation increases, the stagflation that results is tough to cure. If monetary authorities target inflation with tight monetary policy, then interest rates go up and further…
Here are some jobs facts that might be helpful when you listen to the candidates. During 1933, the unemployment rate was a cataclysmic 24.9%. Having entered office that year, FDR was re-elected in 1936 with unemployment still soaring but better…
econlife®
Connecting economics with everyday life.
Located at the intersection of current events, history, and economics, econlife® slices away all of the layers that make economics boring and complex. We like economics and we would like for you to like it too.
