No mention of productivity reducing policy actions from ever increasing regulation on corporations by the government agencies and now corporate minimum taxes. These are not about start-ups but established large businesses (and prospective foreign direct investments).
As some doubts are raised about using the Phillips curve, an educational video providing a comprehensive overview is recommended for theoretical understanding here: th-cam.com/video/zcUBH9Zp2kY/w-d-xo.html , while a video demonstrating practical application is here: th-cam.com/video/NUo-ERHgojY/w-d-xo.html.
Goolsbee is so cocky.... Keep doing victory laps about QE, FED has abused QE since 2008 and got drunk off their own koolade. I will be back to clip the 49:00 min mark in a few months.
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Great presentation and learning. Thank you very much
Austan, great presentation, but, hey, no mention of the money supply at all??? Has any form of monetarism completely disappeared??
No mention of productivity reducing policy actions from ever increasing regulation on corporations by the government agencies and now corporate minimum taxes. These are not about start-ups but established large businesses (and prospective foreign direct investments).
As some doubts are raised about using the Phillips curve, an educational video providing a comprehensive overview is recommended for theoretical understanding here: th-cam.com/video/zcUBH9Zp2kY/w-d-xo.html , while a video demonstrating practical application is here: th-cam.com/video/NUo-ERHgojY/w-d-xo.html.
Goolsbee is so cocky.... Keep doing victory laps about QE, FED has abused QE since 2008 and got drunk off their own koolade. I will be back to clip the 49:00 min mark in a few months.