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Sunday, May 20, 2012

Did Samuelson and Solow claim that the Phillips Curve was a structural relationship showing a permanent tradeoff between inflation and unemployment ?

Is the received intellectual history and justification for the modern approach to macroeconomic theory based entirely on a deliberate misreading of the legend of a figure ?

Mark Thoma alert. Please click here to find out.

1 comment:

Anonymous said...

I really, really would like to read you daily, but you simply will not take the time to be comprehensible in comment after comment.