Comment: We’ve been running the economy hot — and are about to pay the price 👇
ohn Maynard Keynes famously wrote that “practical men who believe themselves to be quite exempt from any intellectual influence are usually the slaves of some defunct economist.” Yes: new trends in economic thinking can be wrong. That’s what seems to be happening now. Thehas put a serious dent in one new theory: the idea that “running an economy hot”, in particular by being more tolerant of higher inflation, can lead to permanent increases in living standards.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Only Fools and Horses: BBC initially rejected John Sullivan's sitcom ‘Didn’t want to know'ONLY FOOLS AND HORSES is one of the most-loved British comedies of all time but the John Sullivan sitcom was initially rejected by the BBC.
Read more »
Glenn Wheatley, music manager who backed John Farnham, dies of Covid aged 74Australian entertainment industry stalwarts pay tribute to Wheatley, who also managed Delta Goodrem and Little River Band
Read more »
Ditch denim and dial up the joy: What all men can learn about style from Sir Elton John🕺 Elton John has opined his thoughts on style to American Vogue magazine, and it is as joyous (and sweary) as you’d expect
Read more »
Kate Middleton replaces Prince Harry as English rugby patron‘I am so thrilled,’ says Duchess
Read more »
Baby and toddler meal planner ideasWhether you're struggling with weaning or like to plan out your meals for the all-important food shop, having a toddler meal planner is ideal
Read more »