Aristotle contra the math stick: Magic numbers redux
In the last post I explored how magic numbers, such as a 90% debt-to-GDP ratio or a 2% inflation target, at once over-simplify and stifle economic policy debate. The role…
In the last post I explored how magic numbers, such as a 90% debt-to-GDP ratio or a 2% inflation target, at once over-simplify and stifle economic policy debate. The role…