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The 1985 interest rate shock: 5 lessons from the last inflation crisis that still apply today
Few episodes in modern economic history carry as much weight as the inflation battle of the late 1970s and early 1980s, and its dramatic unwind by 1985. The Federal Reserve, under Chairman Paul ...
The 2020s, so far, have been one long and often painful lesson in what happens when policymakers tell economists to shut up and go away. From the COVID-19 pandemic through Bidenflation and onto the ...
One beauty of economics — the study of how human beings use scarce resources — is that its basic principles apply to life even if money is not involved. Opportunity cost, externalities, sunk costs, ...
Trump first announced his massive tariffs on “Liberation Day,” which was April 2. This was supposed to be the beginning of the United States rebuilding its manufacturing capacity. Since Liberation Day ...
On Liberation Day, President Trump held up what most economists correctly thought was a rather silly reciprocal tariff chart. Armed with that chart and under the cover of the International Emergency ...
This symposium will feature a fireside chat with Andrew Ross Sorkin on the lessons from the 1929 Wall Street crash, followed by a panel discussion on the present-day risk of a bubble, and how policy ...
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