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Woke Whoppers

Ink Stained Wretches

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Inflation Hawks Were Wrong Under Obama

Economists have devoted remarkably little attention to how their theories and models got inflation so wrong. A lot of it has been group think and collective, collective, you know, wilful ignorance. i should point out, inflation hawks were wrong under obama. Do you remember that? Oh, ye. People were talk people, guys on the fed, we're talking like we're going to have inflation. We're gong to ave inflation in the recovery after thea panic of two thousand and eight - but there wasn't. And by the way, there are lots of good economics writers out there. Neil irwin at the new york times,. i read widely from economics writers

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