Wednesday, 13 June 2018

The Fed, Interest Rates, Inflation and Unemployment

Post from the Dangerous Economist on Inflation and Unemployment - Philips Curve anyone??

Bangladesh reaches Middle Income Status

Blog post from Timothy Taylor who has an Economics Blog reporting that Bangladesh has moved from Low Income to Middle Income status. Interesting article for Development Economics.

Thursday, 7 June 2018

What money can't buy

Maybe more Philosophy than Economics? Introduces some difficult questions and so is worth a look.

Link to blog post.

Making things more expensive for the poor will help them get out of poverty.

If the above headline does not seem to make sense read this article in the Guardian about a proposed change in US policy. Though I will warn you now it still does not make sense unless you assume that people are choosing to be poor and that they have other options.