In mainstream economics, description is routinely treated as secondary to analysis. Labeling a work as “purely descriptive” conveys dismissiveness. Yet, as Nobel laureate economist Amartya Sen...
It is known that there are errors made in calculating real interest rates everywhere in the world. Even those who define themselves as "experts" calculate...
At the end of each year, financial institutions release their expectations for the next year. Personally, I tend to embrace the principle of "be patient...
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