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He is the Stanley G. Harris Professor of the Social Sciences at Northwestern University and one of the world’s leading experts on inflation, unemployment, and long-term economic growth. His recent work asking whether economic growth in the US is “almost over” has been widely cited, [ 2 ] and in 2016 he was named by Bloomberg as one of the ...
Built-in inflation is a type of inflation that results from past events and persists in the present. Built-in inflation is one of three major determinants of the current inflation rate. In Robert J. Gordon 's triangle model of inflation, the current inflation rate equals the sum of demand-pull inflation , cost-push inflation , and built-in ...
The Great Wave: Price Revolutions and the Rhythm of History is a scholarly work by historian David Hackett Fischer, published in 1996 by Oxford University Press.. Hackett Fischer identified three complete monetary waves in European history, each consisting of a price revolution, featuring high inflation, followed by a war crisis, followed by a new equilibrium.
The uber-wealthy investor is thrifty with just about everything, from his breakfast to his house.
Everybody has a personal inflation gauge. And it’s not the official inflation rate. This is one reason gasoline prices are so important, even though gas only accounts for about 3% of the typical ...
According to updated economic forecasts from the Fed's Summary of Economic Projections (SEP), the central bank sees core inflation hitting 2.5% next year, higher than its previous projection of 2. ...
The inner city (Architects' year book) 1974 Building Community Schools: An Analysis of Experiences (Educational Building and Equipment Series, Volume 2) 1979 Interest and Inflation Free Money: Creating an Exchange Medium That Works for Everybody and Protects the Earth, first published in 1987 and updated repeatedly afterward, last time in 2006 (in German anyway).
As the inflation proceeds and the real value of the currency fluctuates wildly from month to month, all permanent relations between debtors and creditors, which form the ultimate foundation of capitalism, become so utterly disordered as to be almost meaningless; and the process of wealth-getting degenerates into a gamble and a lottery.