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Why is there an anxious conversation about inflation in Europe? WHY? Core just dipped below 1%. The more I think about the Weidmann tortoise analogy the more telling it seems.
https://t.co/BDvMkGpVdl
What books should an aspiring Economics undergraduate student read to prepare for university?
Here are my top 20 authors. Feel free to share with your students. I still need to read some of them myself!
#economics#econ1#econ2#econ3#econ4#EconTwitter
"a digital pound would allow parents to programme their children’s pocket money so that they are unable to buy sweets, illustrating the potential powers of the UK’s planned “britcoin””
https://t.co/9TgTn6nA3y
Economics Article of the Week (Y13):
UK steel industry fury as government looks to drop EU import restrictions
(Free Trade / Competition Policy / Supply-side Policies)
#EconArticleOfTheWeek#ShiplakeEconomics
https://t.co/81iDptQglA
ECB has massively undershot its price stability target since 2012.
The inflation gap since 2012 (cumulated deviations of headline HICP relative to a 2% trend) amounts to 8%!
Still, hawks are freaking out over inflation risks, pushing for tighter policy...
Great chart by @fwred
GDP up 2.3% in April = retail/some hospitality reopening. Slower growth than in last summer’s reopening reflects smaller falls in 2nd lockdown ie we’d better adjusted to lockdown activity by then. We’ve still got a long way to go: economy remained 3.7% below pre-pandemic levels