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Macroeconomics



  • Bad Economics

    by Simon Torracinta

    A historian of science reviews three books on the history of economic thought, which support the conclusion that the ideas animating the mainstream of the discipline and enabling it to dominate discussions of policy are badly in need of reexamination. 



  • What Scaremongering About Inflation Gets Wrong

    by Rebecca L. Spang

    Inflation has become a subject of political dread as Americans have shifted from seeing themselves as producers to seeing themselves as consumers. But historical perspective shows that policy picks winners and losers and is dependent on choices about what to measure and how.