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Stagflation is the word of the day

Posted by Barbara Kiviat Thursday, February 21, 2008 at 9:47 am
2 Comments • Trackback (0)

DSCN1808.jpg

The other day I was told that most blogging is pretty much about linking to things other people have written. I've got to get to a meeting now, so I'm leaving you with these:

The Wall Street Journal

The New York Times

The Financial Times

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  • 1

    "That" word has also appeared in this very blog:

    http://time-blog.com/curious_capitalist/2008/02/gilles_saintpaul_on_why_us_eco.html

    There was also an earlier, tongue-in-cheek entry comparing conditions with the 70's, but I can't find it, sorry.

    Ffred
    February 21, 2008
    at 12:46 pm
  • 2

    Don't we need a bit more than the 'high for recent history' 4% inflation rate floating about before stagflation becomes even remotely relevant? Ditto for unemployment?

    Isn't there an important difference between simply not being in the 'best' of all economic conditions (at least when looking at a few select macro-aggregates) and being in the worst of all functional economic conditions? Or are we locking in a smaller definition of what is acceptable/ tolerable economic performance? Consequences?

    tegwar
    February 25, 2008
    at 10:42 am

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