Journal of Economic Perspectives—Volume 32, Number 1—Winter 2018—Pages 211–218 Timothy Taylor This section will list readings that may be especially useful to teachers of under- graduate economics, as well as other articles that are of broader cultural interest. In general, with occasional exceptions, the articles chosen will be expository or integrative and not focus on original research. If you write or read an appropriate article, please send a copy of the article (and possibly a few sentences describing it) to Timothy Taylor, preferably by email at email@example.com, or c/o Journal of Economic Perspectives, Macalester College, 1600 Grand Ave., St. Paul, MN 55105. Potpourri David Miles, Ugo Panizza, Ricardo Reis, and Ángel Ubide have co-authored “And Yet It Moves: Inflation and the Great Recession.” The authors pose a hypo- thetical question: If you were thinking about the path of inflation back in 2007 or so, and someone accurately described to you what was about to happen in the economy, what inflation rate would you have predicted? They write: “[G]iven how volatile and often high inflation has been in the past, given that there was a deep recession and brief deflation episode in 2008–10, given that nominal interest rates were virtually
Journal of Economic Perspectives – American Economic Association
Published: Feb 1, 2018
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