Professor Emeritus, Department of Economics @uni_copenhagen. Tweets are my own and cannot be attributed to my affiliation. RTs do not always imply endorsement.
BREAKING NEWS
The Norwegian Nobel Committee has decided to award the 2025 #NobelPeacePrize to Maria Corina Machado for her tireless work promoting democratic rights for the people of Venezuela and for her struggle to achieve a just and peaceful transition from dictatorship to democracy.
#NobelPrize
Exactly - it is the price level that matters. Statements like “inflation is over”, don’t make sense to most, when butter is up x%. A side benefit will be the utter irrelevance of trying to determine the appropriate lags, weights and stuff when evaluating inflation news. 😀
I think framing make up policy in terms of the price level is precisely what is needed. People are upset that a burger costs more than it used to. A price level target commits to getting that burger price back where it was. Everyone can understand this.
With the current focus on market-based projections for elections, I am sent back to Aarhus University where Forrest Nelson presented this in 1990:
https://t.co/TJAUEo8qqs
To all job market candidates in macro: University of Copenhagen has a 6 year tenure-track assistant professor position. See more here: https://t.co/r8TccLpO8Y
If you have any questions, please contact me.
@BirtheLarsenCph Det er bizart. Men interessant i forhold til valget. Harris’ fokus på abortspørgsmålet har måske ikke været så interessant for vælgerne i svingstaterne: de fleste har adgang til abort.
@kurrild@sandrabrovall Har et problem i øvrigt ikke været, at Harris har fokuseret på spørgsmålet i svingstater som Wisconsin, Michigan og Pennsylvania, hvor reproduktive rettigheder ikke begrænsede?
@dieworkwear An often overlooked aspect is that a suit feels so good to wear. No matter the color, the style it signals, etc., a suit is like a continous hug, and definitely not some horrid mandate made to punish.
@dieworkwear “Business casual” - isn’t reality worse: many wearing business attire, but just slopping it up (like merely losing the tie)? Or is it indeed the proper terminology for such?
@Noahpinion Is there anything Elmo won’t choose to be an expert on? Whatever this is, an equation should be available when things are so obvious. How are deficits and debt defined? Will lower spending just go hand in hand with lower taxation? Etc.,etc. Give us a simple model, not this blah.