it's october 2020. argentina's government announces price controls to end inflation
it's october 2021. argentina's government announces price controls to end inflation
it's october 2022. argentina's government announces price controls to end inflation
it's october 2023. arge
Colombia: always a little worrying when the finance minister feels the need to clarify that he is not resigning (though it's good that he isn't). And this is after only three months of Petro's presidency. It's going to be a bumpy ride.
Sad to learn that Ed Prescott passed away. He was an extremely influential economist. A key idea was "rules rather than discretion": counterintuitively, allowing policy adaptation can be bad, since decision makers ex post prefer to break promises- reducing ex ante investment.
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**Neoclassical** appears here only 3 times.
"This is not education. It’s indoctrination."
I was indoctrinated by schizo-doctrinaires who kept telling a bunch of undergrads who hadn't even learned what's 'elasticity' was that everything mainstream is wrong. And I hated it.