Who knew that the costs of inflation affect both the fashion industry and the food industry with things like the shoe leather costs and menu costs, what next? Tax distortions? Misallocation of resources? Confusion and inconvenience? #ECO2307
Geez, there are so many different costs of inflation! Remember that the next time you’re thinking of messing with a pufferfish, they have families to feed too! #PrayersUp🙏🏻 #ECO2307
#ECO2307 @SkylerEco’s academic aspirations are very similar to the Phillips curve in the Greenspan era: circling around and not really doing all that much!!!
Things I learned today in Econ:
- up until now we have been assuming a closed market
- Dr. Edwards is not sure of his age
- Math is not Dr.Edwards strong suit
- There are many ways to use 500,000 pesos
#eco2307
Capital Flight is a scary thing that is kind of unpredictable. It happened when the leading presidential candidate was assassinated in Mexico. #ECO2307