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Economy

At a recent press conference, Federal Reserve Chair Jerome Powell claimed that the Fed’s flexible average inflation targeting (FAIT) framework did not contribute to...

Economy

The Trump administration’s announcements of a 10 percent tariff on Chinese imports and 25 percent tariffs on goods from Mexico and Canada (all currently...

Economy

On Sunday, Germany’s voters will elect a new government. Polls indicate that the once mighty Social Democratic Party (SDP) will be reduced to fighting...

Economy

Introduction Economics textbooks feature a coherent theory of how markets can allocate scarce resources in ways that achieve what is plausibly described as maximum...

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