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Simulations using a Phillips curve-type relationship provide insights into the importance of demand versus supply for inflation over different periods. The decade of low inflation after the Great ...
Friday's jobs report was shocking but not surprising. It was a useful lens through which to view the overarching economic ...
The Journal of Economic Perspectives, Vol. 37, No. 2 (Spring 2023), pp. 3-28 (26 pages) What do recent advances in economic geography teach us about the spatial distribution of economic activity? We ...
I enjoyed your July 21 editorial, “George McGovern’s lesson for a foundering president.” I am a former adjunct faculty member in economics at UNLV. The course I taught was Principles of Macroeconomics ...
It’s accepted wisdom that supply and demand sits at the center of all economic thought. Figure that prices are what organize a market economy, at which point it’s only logical that prices are arrived ...
We love a good reference to Econ 101 here at Marketplace. And it’s no surprise that the concept of supply and demand made its way into the just-released “Economic Report of the President,” nearly 500 ...
Oil prices slid on Thursday, settling about 2% lower as concerns over possible softening of U.S. demand and broad oversupply ...
In economics, a market is a place (even virtual) where buyers and sellers interact to exchange goods or services. Economists love markets. It's like all of our supply and demand graphs have come to ...