This regular column examines topics through the lens of economics, philosophy and history. Join us each month for a live online discussion with the Professor!
Introduction to Thinking About Economics
I would like to say at the outset that I am an economist only in the sense that I am interested in how markets work and aim to pay my bills on time. I do not have formal economics training...
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Inflation
Few terms in economics are more misused in common parlance than “inflation.” The most common of these misuses is to describe the price of a specific good as “inflated.” For example, the current high price of gasoline has been described this way. Unfortunately, that use is misleading because... Read more