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STEPHEN MOORE: It’s Time For The Fed To Ditch The Most Lame-Brained Theory In Economics
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Mon, Dec 18, 2023 12:23 AM
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And ‘Net-Negative’: DC Beltway Sports Stadium Battle Could Leave Taxpayers With A Massive
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And âNet-Negativeâ: DC Beltway Sports Stadium Battle Could Leave Taxpayers With A Massive BillÍ â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â
Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â Í â [STEPHEN MOORE: Itâs Time For The Fed To Ditch The Most Lame-Brained Theory In Economics](
For decades the economics profession has been shoveling out the dumbest economic concept of all time: the Phillips Curve. This was the lame-brained âtheoryâ by neo-Keynesian economists of the 1960s and 1970s that to slow inflation the Fed needs to raise unemployment and slow down economic growth. The whole concept of an inverse relationship between […]
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