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Il y a 3 jours · Milton Friedman and Edmund Phelps argued that over time, workers and firms adjust their expectations about inflation, leading to the expectations-augmented Phillips Curve. This suggests that any trade-off between inflation and unemployment is only short-term; once expectations adjust, the trade-off vanishes. In their view, the long ...
Il y a 2 jours · Durante il Festival dell’Economia a Trento, Edmund Phelps, una delle figure più influenti nel pensiero economico degli ultimi sessant’anni, ha incantato il pubblico con il suo panel intitolato “Il mio viaggio tra le idee e le teorie economiche”. Intervistato da Laura La Posta, caporedattrice de Il Sole 24 Ore, l’economista ha illustrato la sua visione di un neo-umanesimo economico ...
Il y a 10 heures · Economist Edmund S. Phelps wrote an article in 2020 called "The Economic Case for Biden" and also said that everything Trump has stood for in the past has been a "disaster." INFLATION IS UP 20% ...
Il y a 5 jours · He, together with Edmund Phelps, contended that the trade-off between inflation and unemployment implied by the Phillips curve was only temporary, but not permanent. If politicians tried to exploit it, it would eventually disappear because higher inflation would over time be built into the economic expectations of households and firms.
Il y a 2 jours · Updated June 25, 2024 at 4:56 PM. Sixteen Nobel Prize -winning economists signed a joint letter Tuesday warning of what they see as economic risks if former President Donald Trump were to serve a ...
Il y a 1 jour · The message was drafted and circulated by Joseph Stiglitz and signed by other luminaries, including Edmund Phelps (Columbia University), Robert Shiller (Yale), Paul Romer (Boston College), Angus Deaton (Princeton), Oliver Hart (Harvard), and others. All are known as liberal or left-leaning economists with attachments to the Democratic Party.
Il y a 1 jour · Sixteen Nobel Prize -winning economists signed a joint letter Tuesday warning of what they see as economic risks if former President Donald Trump were to serve a second term, including reheated ...
