2min chapter

Planet Money cover image

Two Indicators: back to school

Planet Money

CHAPTER

Teaching Macro Economics

Teachers are learning that a core part of what they have been teaching has been wrong. In particular there's a problem with the way macro economics is taught. The Fed wants to keep inflation under control while also keeping people in jobs. But starting in 2008 the way that the Fed went about raising or lowering interest rates completely changed.

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