Economics

198 readers

1 users here now

A sub for discussing Marxist economics and how the bourgeois economists did us dirty.

founded 4 years ago

MODERATORS

Two economic papers presented at the ECB forum in Sintra drew criticism for their questionable conclusions on the causes of inflation. (www.ft.com)

submitted 4 months ago by yogthos@lemmygrad.ml to c/economics@lemmygrad.ml

0 comments fedilink hide all child comments

The first paper attributed inflation primarily to demand shocks, contradicting widely held views and empirical evidence pointing to significant supply-side factors.

The second paper, while offering valuable insights into past interest rate cycles, used the same flawed methodology and also arrived at implausible results.

Another paper, analyzing geopolitical shocks and inflation, underestimated the impact of the Russian invasion of Ukraine on global inflation. The UK's new chancellor, Rachel Reeves, faces a challenging economic landscape, as indicated by a chart showing the UK's unfavorable economic indicators compared to 1997.

https://archive.ph/SMhkZ

no comments (yet)

sorted by: hot top controversial new old

there doesn't seem to be anything here